Annastacia Kimtai was appointed Managing Director, KCB Bank Kenya in April 2023. The appointment was a reintroduction of the position of the Managing Director of KCB Bank Kenya which is the flagship of the KCB Group.
Kimtai was appointed acting capacity in December 2022. Until her current position, Annastacia was KCB Bank Kenya’s Retail Banking Director, a position she has held since 2011.
She joined KCB Bank Kenya in 1998 as a Management Trainee, growing through the ranks and serving in various capacities including as the Regional Business Manager, Coast Region (2009 – 2011) and Branch Manager (2004 – 2009). Annastacia is a member of the KCB Foundation Board.
Annastacia is an astute Career Banker with over twenty (20) years experience in Banking and over ten (10) years in senior management in strategic leadership and business development. Previously held roles include Regional Business Manager and Branch Manager.
She has gained experience and competence across various disciplines under Business Growth areas, People Management – (Performance Management, Leadership and talent development), Business Risk and Compliance, Change Management, Channel Optimization, Card Business, Mobile Banking and Agency Banking, among others.
“The changes are aligned to the expectations of the CBK prudential guideline on corporate governance. The introduction of the position of managing director KCB Bank Kenya is to help drive the Kenya business and free up the Group CEO to focus on accelerating the Group expansion agenda,” KCB Group Chief Executive Officer Paul Russo had said when he announced the appointment.
Mrs Kimtai holds a Bachelor of Arts degree, a Master’s in Business Administration (MBA) in Strategic Management and a Master of Arts (MA) degree in Rural Economics and Cooperation.
She is a Certified Executive Coach from the Academy of Executive Coaching (AOEC). She also holds a Certificate in Senior Executive Program for Africa (SEPA) from Harvard University.
She has previously held positions at KCB which include branch manager at Kilindini KCB branch, and regional manager.