KDIC Board in Courtesy Call to Dr. Njoroge.

KDIC Chairperson Mrs. H. Muriithi, EBS and Dr. P. Njoroge are flanked by Corporation’s Board Members in a group photo during the courtesy call.

The Kenya Deposit Insurance Corporation’s Board of Directors, has paid a courtesy call to the Governor of Central Bank of Kenya (CBK) Dr. Patrick Njoroge.

The meeting with Dr. Njoroge, was the first in a series of other Strategic Stakeholder Management initiatives by the Corporation, aimed at forging a more collaborative engagement with its partners in line with KDIC mandate.

Led by Board Chairperson Mrs. Hannah W. Muriithi, EBS, the KDIC apex team discussed  areas of mutual partnerships between KDIC and the country’s bank regulator, considered as a key strategic partner in the achievement of the Corporation’s mandate.

Other members  present alongside the Chairperson were Ms. Melissa Ng’ania, Ms. Anne Rimbaine Lengerded, Dr. Habil Olaka, Mr. Joseph Ng’etich, Mr. James Agembe Akali, Mr. John Njera, Mr. Mohamed Adow and the acting CEO Mrs. Hellen Chepkwony.

This was the first formal external-facing engagement by the KDIC Board, since being appointed over a month ago.

 The meeting came as the KDIC Board prepares to spearhead the formulation and eventual approval of a new Strategic Plan, 2023-2028, a critical component in the Corporation’s envisioning of the new dispensation.

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.