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Chairman: Alexander ...
Chairman: Alexander KaminchiaCentral Bank of Kenya
KNAC board launched
The board is chaired by former Kenya Commercial Bank (KCB) Chairman, Alexander Kaminchia.
At the same time, the Government said it will start nego- tiations with a Zimbabwean, firm, Fidelity Life Assurance, to manage the KNAC
pledged to uphold fairness and justice in the operations of the company.Business News
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Daily Nation on the Web
The board is headed by former Kenya Commercial Bank chairman Alexander Kaminchia.
board would move fast to settle the backlog of outstanding policy claims and pursue debtors.
KCB is the single largest employer in the banking industry , Mr Alexander Kaminchia , then bank chairman , once gloated.
Earlier , his
predecessor Dr Benjamin Kipkorir , had restated the bank's legitimate objective as to provide modern banking services to all parts of the country.
At the time – the late 1980s – KCB
had just added 104 employees to its workforce in a year , to cap it at 3 , 339.
At the same time , it was in the process of establishing the KCB Staff Training School
and Sports Complex in Karen.By last year , the staff complement had grown to 4 , 220 ; it was however set for radical trimming to around 3 , 000.