23 July 2012

South Sudan: KCB South Sudan Names New Board Chairman

Juba — Kenya Commercial Bank (KCB) South Sudan has announced the appointment of Jashinto Pakon Genye as the new chairman of the bank's board of directors, replacing Musa Ndeto, who becomes the KCB Group chairman.

Prior to his appointment, Genya, served as the chairman for both the KCB South Sudan Audit and Performance Board Committees, having joined the institution's South Sudan Board in August 2009.

KCB South Sudan's Managing Director, John Kimanthi, described Genye as a team leader with vast experience who understands the financial challenges in South Sudan as a new nation.

"Jashinto Genye understands the financial challenges in the South Sudan financial market and brings with him a passion for innovation and service excellence, both of which will strengthen KCB Bank's impact in attaining its mission," said Kimanthi.

The bank, in a 23 July press release, said it welcomes the newly appointed KCB South Sudan Board Chairman, adding that it looks forward to his role in steering the bank for future for success.

Since its inception in South Sudan in May 2006, KCB now operate in all its 10 states, employing about 350 staffs. The bank now boasts of over 85,000 clients in the country.

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