Nairobi, 14th December 2024: The Kenya Bankers Association (KBA) has announced the appointment of Raimond Molenje as its new Chief Executive Officer (CEO), effective 1st December 2024. Prior to his appointment, Mr. Molenje served as the Acting CEO since March 2024.
With over 19 years of experience in legal and regulatory practice, human resources leadership, advocacy, and stakeholder engagement, Mr. Molenje has played a pivotal role in shaping the banking sector’s policy and advocacy initiatives since joining KBA in 2018 as Director of Legal, Human Resources, and Policy Advocacy.
As CEO, Mr. Molenje will lead KBA’s strategic direction, focusing on industry advocacy, sustainability, capacity building, training, and fostering key partnerships. His leadership will be central to driving the banking sector’s continued efforts in promoting responsible finance, supporting Kenya’s climate agenda, and championing sustainable development.
“I am delighted to confirm Mr. Raimond Molenje’s appointment as CEO,” said John Gachora, Chairman of KBA and NCBA Group Managing Director. “Raimond has exemplified great energy, creativity, tenacity, and thoughtfulness in driving the Association’s advocacy efforts. He has built valuable networks and relationships within the industry and beyond,’’ Mr. Gachora said.
Mr. Molenje’s extensive career includes senior leadership positions at De La Rue Currency & Security Print, the Federation of Kenya Employers (FKE), Equity Bank, and the Rural Electrification & Renewable Energy Corporation (REREC). He also practiced as a civil and commercial litigation advocate for over six years.
In addition to his role as CEO, Mr. Molenje serves on the Board of the Auctioneers & Licensing Board under the Attorney General’s Office and represents the banking industry on the Mediation Accreditation Committee of the Judiciary. He is also actively engaged in various task forces and working groups dedicated to advancing Kenya’s socio-economic development.
Mr. Molenje holds a Bachelor of Laws (LL.B) degree from the University of Nairobi, a Postgraduate Diploma in Law from the Kenya School of Law, and an International Diploma in Human Resource Management from Cambridge International College, UK. He is also a practicing member of the Law Society of Kenya (LSK) and the Institute of Human Resource Management (IHRM).
About the Kenya Bankers Association
KBA (www.kba.co.ke) was founded on 16th July 1962. Today, KBA is the financial sector’s leading advocacy group and banking industry umbrella body that represents total assets in excess of USD 60 billion. KBA has evolved and broadened its function to include advocacy on behalf of the banking industry and championing financial sector development through strategic projects such as the launch of the industry’s first P2P digital payments platform PesaLink. In line with the Government’s policy on public-private partnerships, KBA and Central Bank of Kenya have implemented key projects such as modernization of the National Payments System through the Automated Clearing House, implementing the Real Time Gross Settlement System (RTGS), and the Kenya Credit Information Sharing Initiative. The KBA members are comprised of commercial banks and deposits taking microfinance banks.
