KCB Bank Kenya has appointed John Okulo as the new director for corporate banking.
Okulo has joined KCB Bank Kenya from the NCBA Bank where he held the same position.
“We are excited to have John to spearhead the continued growth of our corporate banking franchise as we seek to catalyse the country’s growth agenda,” Annastacia Kimtai, managing director at KCB Bank Kenya, said.
Okulo joins KCB with a banking experience of over 24 years. He will replace Esther Masese Waititu who quit KCB to join telecommunications firm, Safaricom in February 2023 as the chief financial services officer.
Okulo started his banking career in 1997 as a Standard Chartered Bank Kenya management trainee.
He holds a Master of Science in Economics from the University of Gdansk, Poland and several global and local certifications.
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Okulo has previously worked as a chief commercial officer at Commercial Bank of Africa (CBA), managing director at NC Bank Uganda and head of corporate and investment banking at Stanbic Bank Uganda, among other roles.
Okulo joins KCB Bank Kenya two months after the bank appointed Ms. Kimtai as its first female managing director. Ms. Kimtai was appointed to this position in April 2023.
She had been serving as the acting managing director since December, doubling with her role as KCB Bank Kenya retail banking director.
“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.
