Betty Korir may be the latest lady to join the league of corporate leaders in the banking sector after she was appointed the chief executive of Credit bank. Prior to this, she was the acting CEO for a month after the previous man at the helm, Mr Chege Thumbi, left the company for Sidian bank in July.
Having been in banking for 20 years, she will be looking forward to emulate her past success to help sustain the growth of Credit Bank. Apart from being a veteran boasting of the full support of her fellow employees – she has worked for the institution for the last four years and is expected to shine big. Ms Korir also has the much-needed knowledge being a holder of a Bachelor of Education Degree, Bachelor of Laws (Hons) LLB and a Master’s Degree in finance and marketing from the University of Nairobi.
She is a member of Global Association of Finance and Management (GAFM), Chartered Credit Analyst (CCA) and an associate of Kenya Institute of Bankers, a finalist in Banking Professional Qualification (AKIB) and a holder of various risk management certifications.
Before becoming the acting CEO for Sidian, she served the position of both the bank’s head of credit and the deputy chief executive. Prior to joining Credit bank, she worked in the United Kingdom at Triodos Bank where she acquired international exposure in project finance and sustainable lending.
Moving forward, as Mr Thumbi paves way for Ms Korir, it will not be a smooth ride to be able to help the small lender grow, especially at this time when the banking industry in Kenya is being hit hard by the interest rate caps introduced in 2016.