Board Of Directors

Hon. Charles Muriuki Njagagua - Chairman of the BoardHon. Charles Muriuki Njagagua was appointed as the Chairman of the Board of Directors for Consolidated Bank on 10th February 2023.He is an experienced Advocate and Legal Practitioner with over 25 years’ experience. Hon. Njagagua’s leadership skills are demonstrated by his position as the Managing Director of Muriuki Njagagua & Company Advocates.He served as a Member of the National Assembly for two terms, where he chaired various committees including Parliamentary Caucuses.Hon. Njagagua is a Certified Public Secretary and a Member of the Institute of Certified Secretaries (ICS).He is pursuing a Masters of Law (LLM) Degree from the University of Nairobi. He holds a post graduate Diploma in Law from the Kenya School of Law and a Bachelor of Law (LLB, Hons) Degree from the University of Nairobi.Sam Muturi joined Consolidated Bank as the Chief Executive Officer on 11th October 2022.He joins the Bank from Kenya Commercial Bank where he was the Director, Mortgage Business. He has over 25 years’ working experience in Banking primarily obtained at Kenya Commercial Bank, where he worked in various positions within the Bank and gained valuable experience in Leadership & Supervision, Credit Analysis & Management, Policy and Compliance, Risk Management, Strategic Management and Customer/Relationship Management. He has immense knowledge and skills in growing a Bank’s Corporate/MSME/Retail/Personal Banking, Diaspora/Money Transfer Business, Retail & Commercial Mortgage Business, Project Management and Mortgage business.He holds a Masters of Business Administration Degree from the University of Nairobi and a Bachelors of Art Degree in Economics and Business Studies from Kenyatta University. He also holds a Practitioner Diploma in Executive Coaching from the Academy of Executive Coaching (United Kingdom) and has had training on Mastering Emotional Intelligence, High Performance Coaching and Practical Project Management Principles, Inside MasterCard Operations and Visa Europe Training on Business Management amongst others.Prof. Njuguna Ndung’u is the Cabinet Secretary, National Treasury & Economic Planning. He was appointed Cabinet Secretary by President William Samoei Ruto on September 27, 2022. Prior to the current appointment, Prof. Ndung’u was serving as the Executive Director of the African Economic Research Consortium (AERC), a Pan African premier capacity building network of researchers, trainers, students, universities, policy makers and international resource persons. He is an associate professor of economics at the University of Nairobi, Kenya and the immediate former Governor, Central Bank of Kenya.Prof. Ndung’u has been a member of the Global Advisory Council of the World Economic Forum, Visiting Fellow of Practice at Blavatnik School of Government, Oxford University, Director of Training at AERC, Program specialist at IDRC and Team Leader in Macro-modelling at the Kenya Institute for Public Policy Research and Analysis. He holds a PhD in economics from University of Gothenburg, Sweden. He is a Member of Brookings Africa Growth Initiative, Member of the Advisory Committee of the Alliance for Financial Inclusion that coordinates financial inclusion policies in Africa, Asia and Latin America, and Senior Advisor for the UNCDF-based Better Than Cash Alliance.Mr. Koross is the Managing Trustee/CEO of the National Social Security Fund.He has a wealth of experience in Marketing, Financial/Investment Management and Reporting, Customer Management, Pension Scheme Regulation and Administration.He holds a Master’s Degree in Public Policy Management from Strathmore Business School and a Bachelor of Arts Degree in Economics from the University of Nairobi.He previously served as the Chief Executive Officer of Lapfund and as a Director of the NG-CDF Board.FINANCE TIPWhen you get your paycheck, take a percentage -- between 10 percent and 30 percent -- and put that away. You'll be rich enough to be financially independent within a short period of time.
Consolidated Bank is regulated by The Central Bank of Kenya.
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