Barclays Bank announces new Board appointments

Barclays Bank of Kenya Board of Directors has announced appointment of Charles Muchene and Patricia Ithau as non–executive directors. The lender said in a statement that it was planning on tapping into their wealth of experience to further accelerate its mission of becoming Kenya’s preferred financial services provider.

Mr. Muchene has over 30 years of experience in the financial services sector as an auditor, advisor, director and business leader. He has extensive exposure to the banking and insurance sectors both locally and regionally. He worked at PricewaterhouseCoopers in various capacities culminating in his appointment as Country Senior Partner for Kenya in 1998 with responsibility for a team of about 400 partners and employees. He was a member of the Executive Committee for the regional practice covering most of Sub Saharan Africa, and served as the financial services leader for the firm’s team in this region. Between 1995 and 1998, he chaired the professional Standards Committee of the Institute of Certified Public Accountants of Kenya (ICPAK) which was responsible for steering Kenya to becoming one of the first countries in the world to adopt International Accounting and Auditing Standards. He later served as the chair of the Institute’s Financial Services Committee bringing together the profession, industry bodies and regulators to discuss and resolve matters of mutual interest.

Patricia is currently the Regional Director for the Stanford Institute for Innovation in Developing Economies, Seed, and has over 25 years’ experience growing some of the world’s leading fast moving consumer brands across a variety of different and challenging markets in Africa and internationally. She also has further experience in general management of multi-national businesses in the East African region, including creating new business ventures in new geographies. She was the founding Managing Director for L’Oreal in East Africa during which she oversaw the acquisition of a local business that helped increase the brand’s regional presence to 9 countries. She also variously held the positions of Managing Director of East African Breweries International and Uganda Breweries Limited

Barclays Bank of Kenya looks forward to tapping into their wealth of experience to further accelerate the achievement of its mission of becoming Kenya’s preferred financial services provider.

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