Board of Directors - Family Bank Limited, Kenya

Dr. Wilfred D. Kiboro, EBS

Board Chairman

Dr. Kiboro holds a Bachelor of Science, Civil Engineering from the University of Nairobi and he began his engineering career with Shell and Esso where he rose through the ranks to head the Sales and Marketing function. He was later appointed as Managing Director of Rank Xerox, and he is the immediate former Chief Executive Officer of the Nation Media Group where he still serves as Chairman. Dr. Kiboro is also the Chancellor of Riara University and a Trustee of the Rhino Ark, a charitable trust founded in 1988 to support conservation in Kenya and the Chairman Wilfay Investment Limited and Africa Digital Network Limited.

Dr. Kiboro has received various accolades including being a Member of International Who’s Who of Professionals, and he is a past Chairman of several organisations including the Media Owners Association, the East African Business Council, the International Press Institute Board, the Federation of Kenyan Employers, and the Standard Chartered Bank, Kenya. He has also served on the Boards of the Kenya Association of Manufacturers, and the National Environmental Management Authority (NEMA) and East African Breweries Limited among others.

Rebecca Mbithi

Chief Executive Officer

Rebecca Mbithi was appointed Managing Director and Chief Executive Officer in 2019. She has been instrumental in developing a niche and placing emphasis on positioning Family Bank as an SME Bank.

Under Ms. Mbithi’s leadership, the Bank was recognized, in 2021, for being one of the top 25 Brands transforming lives in Kenya and the best overall Bank in digital experience and customer satisfaction after a customer survey conducted by Kenya Bankers Association. She is a recipient of the African CEO of the Year commendation award by the African Business Leadership awards 2021. She was also recognized as one of the Top 25 CEOs making an impact in Kenya 2021 and was ranked among the Top 100 women CEOs in Africa 2022.

She is a seasoned professional and a respected lawyer with an extensive leadership background in various organizations. Ms. Mbithi previously served as the Company Secretary & Director of Legal Services a role she took up in 2015. This experience proceeded her work at Kenya Tea Development Agencies (KTDA), where she served as Head of Legal and Regulatory Affairs and at Rift Valley Railways where she also served as Company Secretary & Legal Counsel.

Ms. Mbithi holds an MBA with a concentration in Strategic Management from the United States International University and an LLB degree from the University of Nairobi. She is a CPA and a member of the Institute of Certified Public Accountants of Kenya, a Certified Secretary and a Member of the Institute of Certified Secretaries ICPS (K), an advocate of the High Court of Kenya and a member of the Law Society of Kenya. She is also a Certified Executive Coach and has attended various courses including Executive Leadership at Strathmore Business School.

She is the current sitting Vice Chairperson of the Kenya Bankers Association and also a Board Trustee of The Family Group Foundation, a sustainability vehicle of the Bank.

Titus K. Muya

Director

TK, as he is popularly known, founded Family Bank in 1984 and he served as the institution’s Chief Executive Officer from 1984 to June 2006 after which he chaired the Banks Board of Directors until December 2012. He is one of Kenya’s leading visionary entrepreneurs associated with various companies including Kenya Orient Insurance Limited, Daykio Plantations Limited and Alpha Africa Asset Managers Limited on whose Boards he sits or is represented in different capacities.

In recognition of his entrepreneurship and, more specifically, his contribution to the banking industry, TK was awarded the national accolade, Elder of the Order of the Burning Spear, in December 2011.

Ms Mary Njeri Mburu

Director

Ms. Mburu was appointed to the Board of Family Bank Bancassurance Intermediary in 2022 where she currently serves as a Director. She also sits on the board of Family Bank Ltd as a Non-Executive Director.

She holds a Master’s degree in Business Administration (MBA) from United States International University 1994, a Bachelor of Science degree in Agriculture BSc.  from the University of Nairobi 1990. She is currently pursuing a Doctorate in Business Administration (DBA) in Global Supply Management.  Professionally, Ms. Mburu is a certified accountant from the Association of Chartered Certified Accountants (ACCA) UK. She is a certified Acquisition and Assistance Specialist, FAC-C Federal Acquisition Institute (FAI) and USAID University. Ms Mburu is also Certified Contracting Officer Representative (COR) in Project Management.

Ms. Mburu has worked as a Senior Acquisition and Assistance Specialist (Senior A&A Specialist) at USAID overseas Missions designated as a Third Country National (TCN) for six years. Prior to her overseas assignment, she worked at USAID Regional Mission in Nairobi for 7 Years as an Acquisition and Assistance Specialist (A&A Specialist).

Ms. Mburu has vast experience in Project Management in areas of Economic Growth, Education, Governance and Infrastructure. Previously, Mary worked for the Kenya Pipeline Company.

Arch. Francis Gitau Mungai

Non-Executive Director

Mr. Gitau holds a Masters Degree in Architecture and Urban Design from the University of California, Los Angeles (UCLA) and a Bachelor of Architecture degree, First Class Honours from the University of Nairobi. He is also a Fellow of the Architectural Association of Kenya (FAAK) and is registered by the Board of Registration of Architects & Quantity Surveyors (BORAQS) in Kenya. He is the founding Partner of Aaki Consultants, Architects and Urban Designer and has worked as an Architect with prominent firms like Triad Architects in Nairobi and Urban Innovation Group (UIG) in Los Angeles.

He has vast experience spanning over 30 years and has been a Chairman of various bodies such as the Architectural Association of Kenya (AAK), Kenya Private Sector Alliance (KEPSA) where he was Director and Chairman of Building and Infrastructure Board. Mr. Gitau is the Chairman of the Board of Directors of National Housing Corporation. He is a former lecturer at the University of Nairobi, Architecture and Building Sciences Department where he focused on both Architectural and Urban Design Studios, as well as Professional Practices and management.

Mr. Lazarus Muema

Independent Non-Executive Director

Mr. Lazarus Muema was appointed to the Family Bank Board in 2017. He is a highly respected professional in the Finance/Pensions sector with experience spanning over 30 years, having held senior positions in multinational corporations both in Kenya and Europe. He has been a Finance Manager at Shell Exploration Kenya and Shell Uganda, a financial controller at Kenya Shell and a finance advisor at Shell International in London, rising through the ranks to the position of the Pensions Investment and Policy Advisor for Africa by the time he left in 2011. Currently, he is a Pension Consultant with Penplan Services Limited, a Pensions Consultancy firm which he founded in 2011.

Mr. Muema holds a Bachelor of Commerce Degree from the University of Nairobi and is a Certified Public Accountant (CPAK). He is a board member in various companies including Kenya Orient Insurance Company and East African Gasoil Company. He is also a board member of The Mt. Kenya Academy Foundation. He is currently the Board Chair of Riscura Solutions (Kenya Ltd), an investment consulting firm with its hold company based in South Africa. He is also a former Chairman of the Association of Retirement Benefits Schemes of Kenya, Bright Technologies Ltd and Nanga Investments Ltd.

Mr. David Muni Ichoho

Non-Executive Director

Mr. Ichoho joined the Board in March 2023. He is currently serving as the Chairman of the Board for KTDA as well as its subsidiaries, a position he has held from June 2021 to date.

He has over 20 years of experience and has worked in various capacities in the Insurance Industry, Manufacturing and Processing, Tax and Human Resources. He has held senior management positions in UAP Insurance Co. Ltd; Bank of America – Texas, USA; Texas Instruments – Texas US; The Ministry of Gender, Sports, Culture and Social Services – Kenya; Kenya Forest Services/Kenya Forestry College and at the Kenya Tea Development Agency Holdings Limited.

Mr. Ichoho holds a Masters in Business Administration (MBA) in Human Resource Management from Kenyatta University, a BA in Economics and Geography from the University of Nairobi and a Higher National Diploma in Human Resource Management from the Institute of Human Resource Management (IPM Kenya).

Eric Murai

Company Secretary and Chief Legal Officer

Eric Murai is the Company Secretary and Chief Legal Officer. He was appointed Company Secretary and Head of Legal Services in October 2019.

Eric is an experienced in-house counsel and corporate governance professional, having previously worked as the Assistant Company Secretary at Britam Holdings Plc and as Legal Counsel at Standard Chartered Bank Kenya. He has vast experience in banking and finance law, corporate finance projects and corporate governance and regulatory compliance.

Eric holds a Master of Laws (LL.M) and a Bachelor of Laws (LL.B) from the University of Nairobi and a BSc. in Applied Accounting from Oxford Brookes University. He is an advocate of the High Court of Kenya, a member of the Law Society of Kenya and a member of the Institute of Certified Secretaries. He is also a certified professional mediator.