Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Board Members

It’s All Systems Go as New KDIC Board Gets Down to Business

The Kenya Deposit Insurance Corporation’s Board of Directors has hit the ground running after a week-long induction workshop at the Kenya School of Government, Mombasa Campus.

The event came just days after the newly-appointed Board chaired by Mrs. Hannah W. Muriithi, was officially inaugurated at the Corporation’s offices, by Dr. Chris Kiptoo, Principal Secretary for National Treasury and Economic Planning, during a brief but elaborate ceremony.

board sitted

Seated: Chief Guest P.S Dr. C. Kiptoo (Center) poses for a group photo with the KDIC Board Chaired by Mrs. H. Muriithi (Left). They were flanked by Board Members Dr. P. Njoroge (extreme left) Ag. CEO Mrs. Chepkwony (Right) and Mr. Adow (extreme Right) Standing from Right: Dr. H. Olaka, Mrs. A. Lengerded, Mr. J. Ng’etich, Ms. M. Ng’ania, Mr. J. Akali, Mr. J. Njera and E. Kitche (Secretary to the Board)

The induction program conducted by KSG  was designed to furnish the Board with the requisite knowledge on key areas aimed at steering the Corporation towards fully achieving its mandate in line with its vision-To be a premier deposit insurance scheme. 

Consequently, the Board was taken through critical areas of governance including Structure of Government, Public Service Policies, Regulations, Values and Principles and Public Finance Management.

The new members who underwent the training that was coordinated by KDIC’s Department of Legal, are Mrs. Hannah Muriithi (Chairperson) Ms. Melissa Ng’ania, Ms. Anne Rimbaine Lengerded, Mr. Joseph Ng’etich, Mr. James Agembe Akali, Mr. John Njera, Mr. Mohamed Adow and the acting Chief Executive Officer Mrs. Hellen Chepkwony.

board 2

                                                         Mr. Akali and Mr. Ng’etich follow presentations during the induction by KSG.

Top on the agenda for the Muriithi-led Board, will be to provide leadership in the formulation and eventual approval of a new Strategic Plan, 2023-2028, a critical component in the Corporation’s envisioning of the new dispensation.

board 3

                                         Board members pose for a group photo after the induction by KSG.

Further, the Board will be expected to deliberate on critical areas of governance aimed at giving fresh impetus to the Corporation’s key focus areas of resolution of problem banks, deposit insurance and risk minimization. 

KDIC is a statutory institution established under the Kenya Deposit Insurance (KDI) Act, 2012 and is mandated to Provide deposit insurance scheme for customers of member institutions; Provide incentives for sound risk management and promptly resolve troubled banks.