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Credit Bank appoints Mrs. Betty Korir as the Chief Executive Officer

Press Statement

The Board of Directors of Credit Bank Limited have today announced the appointment of Mrs. Betty Korir as the Chief Executive Officer of the Bank effective 1st October 2017.
Betty has served at Credit Bank as the Head of Credit overseeing Credit and Legal departments for the past 4 years and has over 20 years Banking Experience spanning across several Banks. She also served as a deputy to the previous CEO.

She is a holder of a Bachelor of Education Degree, Bachelor of Laws (Hons) LLB and a Master’s in Business Administration (Finance / Marketing) from the University Nairobi. She is an associate of the Kenya Institute of Bankers (AKIB) and Global Association of Finance and Management (GAFM) and Chartered Credit Analyst (CCA).
Speaking on behalf of the Board, Hon Simeon Nyachae, the Chairman of the Board said, “Mrs. Betty Korir is an experienced and talented banker who we are confident will continue to build on Credit Bank’s reputation for integrity, innovation and stability. We are looking forward to achieving and celebrating great milestones under her stewardship.”

In her appointment, Mrs. Korir noted that presiding over Credit Bank is a welcome challenge that she is honored to accept. “I am humbled and honored to be given an opportunity to lead this great institution. I have a great and talented team that is capable of re-defining the Credit Banks’ space in the Banking Industry as one of the greatest and solid financial Institutions. I am confident that with the support of the Board members and shareholders, the Bank shall move to greater heights’’.

The Bank has managed to turn around to become one of the most stable financial institutions experiencing positive growth in almost every facet.

About Credit Bank

Credit Bank is a privately owned financial institution incorporated in Kenya over 30 years ago dedicated to serving the needs of the SME and the business community at large. Operating under the tagline My Friend, My Bank, we believe in providing affordable and personalized solutions across several market segments.
To date, Credit Bank has opened a total of 17 branches dotted across the country. The bank is on a growth path trajectory having recorded significant growth over the past five years. It has witnessed a growth in total assets from Ksh 4.5 Billion in 2010 to Ksh 12.2 Billion in 2016 and a growth in Operating income from Ksh 473 Million in 2010 to Ksh 1.23 Billion in 2016.

The bank is committed to delivering excellent customer service and in collaboration with customers to create tangible value and plans to utilize its human capital and technology to achieve its long-term business goals.

For more information, please contact us on mcc@creditbank.co.ke or 07090722063

Press Released on: 10th October 2017.

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CEO Appointment