The Board is responsible for providing leadership for the institution. It ensures that the right strategy and controls are in place to deliver value to shareholders, employees, and the community.
CIB Kenya is headed by a competent board of directors, which provides the Bank with the necessary leadership and experience to manage its business with integrity, efficiency, and, most importantly, excellence. The Bank’s board structure is in line with international best practices and allows for the position of a lead director.
CIB Kenya’s board of directors enjoys an optimal mix of skills, experience, and diversity in terms of gender and nationality. The board primarily focuses on CIB Kenya’s long-term financial and non-financial success and seeks the best interests of all related stakeholders. The board is also responsible for setting CIB Kenya’s strategic objectives, overseeing the implementation of said strategy, providing oversight of senior management, ensuring the effectiveness of the Bank’s internal control systems, managing risk, and securing CIB Kenya’s institutional reputation and long-term sustainability. Moreover, the board is responsible for setting compensation and performance goals and manages the director nomination, evaluation, and succession planning. It oversees CIB Kenya’s economic, social, and environmental sustainability initiatives, performing its duties with entrepreneurial leadership, a sound strategy, and risk management oversight to ensure risks are properly assessed and managed.
