Family Bank Names New CEO

Rebecca Mbithi has been appointed new Family Bank CEO replacing David Thuku who resigned in September last year.

Rebecca holds a Masters in Business Administration (Strategic Management) from United States International University and an LL.B degree from the University of Nairobi.

She is also a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK), a Certified Secretary and a Member of the Institute of Certified Secretaries, an advocate of the High Court of Kenya and a member of the Law Society of Kenya.

“Rebecca is a highly experienced professional with an extensive background in leadership in various organizations at director level specializing in law, project finance, Corporate Restructuring, Equity/Debt raising and Governance,” said Kiboro.

She previously worked at Kenya Tea Development Agencies (KTDA) and Rift Valley Railways.

“At Family Bank, she has been instrumental in Strategy and Business Development, Capital and Debt Raising, Risk Management, Compliance and Controls, providing legal services and strengthening the Bank’s Governance structures,” said Kiboro.

Her appointment, if approved by the Central Bank of Kenya will make her one of the few female chief executives in Kenya’s financial services sector.

Thuku resigned barely two years into the job despite having been with the lender for nearly five years.

Thuku had been with the bank for the last five and a half years but agreed to remain in office until a substantive replacement is recruited.