Access Bank (Kenya) PLC has announced the appointment of its first female Board Chair, Ms Barbara Barungi. She is set to succeed Mr Ade Bajomo who served from September 2020 to September 2022.
With a Master of Philosophy in International Finance from the University of Glasgow, Scotland, UK, Ms Barungi is currently the Founder and Managing Partner of economic management consultancy Imara Africa Consulting Ltd.
In 2019, Ms Barungi worked closely with Harvard Business School organizing the first-ever Harvard Faculty Africa Immersion programme, which involved field visits by more than 20 faculty staff to Kenya and Nigeria.
Prior to this, Ms Barungi held the position of Lead Economist, Nigeria Office, African Development Bank (AfDB) in Abuja; and Lead Economist, Research Department at AfDB in Tunisia. Her significant experience also includes positions as Lecturer, Development Economics, at Wits University; and Makerere University in Kampala, Uganda.
She also occupied roles such as Strategic and Regional Programme Adviser Bureau for Africa United Nations Development Programme (‘UNDP’) New York; UNDP Regional Service Centre South Africa; Soda! Sector Advisor to the Minister of Finance. Rwanda.
Ms Barungi has a Master of Philosophy in International Finance from Glasgow University. Scotland, U.K; a Post Graduate Diploma in Development Policy: and a Bachelor of Arts Degree in Economics and Sociology from Makerere University Uganda.
“The Board is confident that her leadership will steer Access Bank (Kenya) PLC towards strategic growth. The Board of Access Bank (Kenya) PLC warmly welcomes Ms Barbara Barungi and reassures her of our support in delivering her mandate.” read the statement in part.
The Bank serves its various markets through four business segments: Retail, Business, Commercial and Corporate. The Bank has over 900,000 shareholders (including several Nigerian and International Institutional Investors) and has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last twelve years.
Following its merger with Diamond Bank in March 2019, Access Bank became one of Africa’s largest retail banks by retail customer base.
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