Hellen Chepkwony has been appointed as the Chief Executive Officer of the Kenya Deposit Insurance Corporation (KDIC) in an acting capacity.
Ms Chepkwony takes over from Mohamud Ahmed Mohamud who is set to exit KDIC in early 2023, pending the recruitment of a substantive office holder.
The Corporation is the country’s resolution authority for banks, mandated to promptly resolve problem banks, provide deposit insurance for customers of member institutions and generally ensure financial stability in the banking sector. KDIC protects depositors of banks which are licensed and regulated by CBK.
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