UBA Kenya has announced the appointment of Mary Mulili as its new CEO effective January 19, 2024, subject to regulatory approval.
The appointment of Mulili marks a milestone for UBA Kenya, marking 15 years of business operations in the Kenyan financial landscape.
Ms Mulili is the first female CEO of UBA Kenya, marking a significant achievement in the UBA Group’s ongoing commitment to fostering gender diversity and inclusivity to elevate women into leadership roles.
“Kenya’s pivotal role as a financial and economic cornerstone in Africa is crucial to the UBA Group, underscoring the country’s strategic significance. UBA Kenya is instrumental in advancing Kenya’s economic agenda, contributing significantly to entrepreneurial growth through financing, enhancing economies via key business sectors and trade routes, and making a positive impact on communities through the initiatives of the UBA Foundation,” the lender said in a statement.
According to UBA Kenya Board Chairman Alphan Njeru, Ms Mulili assumes the position at a crucial juncture in UBA Kenya’s history.
Under her leadership, the bank is set to embark on a journey focused on accelerating growth through regional trade opportunities, digital innovation, and SME financing, all aligned with the broader vision of sustainable banking.
“We thank Chike Isiuwe, outgoing Managing Director/Chief Executive Officer for his contribution to the Bank and wish him success as he takes up a new role at UBA Group,” Njeru said.
Prior to this appointment, Mulili served as the Executive Director for UBA Kenya Bank Limited.
She brings a wealth of over 20 years of experience and expertise in Corporate & Commercial Banking, Public Sector, Institutional Banking, Consumer Banking and Digital Innovation across notable financial institutions: GTBank, Bank of Africa, African Banking Corporation, and Kenya Commercial Bank.
Mulili holds an MBA in Finance, a Bachelor’s degree in Education with a focus on Accounting and Economics as well as leadership and management certifications in project management, business management, customer management, project finance, loan and Transaction Structuring, transformational leadership, and credit evaluation.
“It is a great honour to be appointed to steer the strategic vision of UBA Kenya as a subsidiary of the UBA Group. I look forward to carrying on the growth trajectory of UBA Kenya. Building on UBA Group’s extensive network we are committed to leveraging our presence across 20 African countries and globally in Dubai, the UK, the US and France to provide bespoke financial solutions for our customers. This underscores our dedication to being a financial partner of growth for all our stakeholders,” Mulili said.
Mulili, with her wealth of financial experience, is poised to steer the bank towards creating value, building on the strong foundation laid over the past 15 years.