Nancy Njau is an

accountant An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certif ...

and

corporate executive Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit org ...

Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...

. She is the

managing director A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

and

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

(CEO) of Family Bank, a financial service provider in the country, effective 1 January 2024. She replaced

Rebecca Mbithi Rebecca Mbithi, is a lawyer, accountant and corporate executive in Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the ...

, who resigned after serving as MD/CEO for the five years 2019 - 2024.

Background and education

She was born in Kenya and is a Kenyan national. After attending local primary and secondary schools, she was admitted to the

Kenyatta University Kenyatta University (KU) is a public university with its main campus in Nairobi, Kenya. It acquired the status of university in 1985, being the third university after University of Nairobi (1970) and Moi University (1984). As of October 2014, it ...

, where she graduated with a

Bachelor of Commerce A Bachelor of Commerce (BCom or B Com) is an undergraduate degree in commerce, accounting, mathematics, economics, and management-related subjects. The degree is mainly offered in Commonwealth nations. Structure Bachelor of Commerce The Bac ...

degree, majoring in

accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...

. She went on to obtain a Higher Diploma in Human Resource Management from the same university. She also holds a

Master of Business Administration A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...

from

Jomo Kenyatta University of Agriculture and Technology Jomo Kenyatta University of Agriculture and Technology (JKUAT) is a public university that is situated in Juja, 36 kilometres northeast of Nairobi, along the Nairobi-Thika SuperHighway, off Exit 15. It offers courses in Technology, Engineering, ...

. In addition, she is a

Certified Public Accountant Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United Stat ...

recognized by the

Institute of Certified Public Accountants of Kenya The Institute of Certified Public Accountants of Kenya (ICPAK) is a professional body for certified public accountants (CPAs) in Kenya. ICPAK is a full member of the International Federation of Accountants and the Pan African Federation of Accou ...

. She is also a ''Certified Executive Leadership Coach''. She has attended the Advanced Management Course at

Strathmore University Strathmore University is a chartered university based in Nairobi, Kenya. ...

Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...

, Kenya.

Career

She joined Family Bank 2002 as a graduate clerk. Over the years she served in various banking roles, including as Branch Manager, Regional Manager, Head of Retail Banking, Chief Officer Public Sector, and Acting Chief Commercial Officer, her last assigned role before promotion to CEO. She replaced

, who led the bank for the previous five consecutive years. The position requires regulatory approval from the

Central Bank of Kenya The Central Bank of Kenya (CBK) () is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB). Dr. Kamau Thugge, CBS is the current Governor a ...

(CBK). One of her first major tasks as CEO is the establishment of a "non-operating holding company that will hold shares in Family Bank Kenya and other non-banking subsidiaries". After the formation of a group structure, approved by shareholders in June 2024, Family Bank plans expansion into

East East is one of the four cardinal directions or points of the compass. It is the opposite direction from west and is the direction from which the Sun rises on the Earth. Etymology As in other languages, the word is formed from the fact that ea ...

, Central and

West Africa West Africa, also known as Western Africa, is the westernmost region of Africa. The United Nations geoscheme for Africa#Western Africa, United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Gha ...

Other considerations

After confirmation Njau joined a handful of female CEOs in Kenya's commercial banking sector. The other four are

Nasim Devji Nasim Mohamed Devji, is a Kenyan businesswoman, accountant and corporate executive, who serves as the managing director and chief executive officer of Diamond Trust Bank Group, a commercial banking conglomerate, with headquarters in Nairobi an ...

, at Diamond Trust Bank,

Betty Korir Betty Maritim Korir (née Betty Maritim), (born c. 1971), is a Kenyan lawyer and corporate executive, who serves as the managing director and chief executive officer of Credit Bank, a commercial bank in Kenya, the largest economy in the East ...

at Credit Bank, Anne Karanja, at Kenya Post Office Savings Bank and Joyce Ann Wainaina, at Citibank Kenya.

References

External links

Website of Family Bank
{{DEFAULTSORT:Njau, Nancy Living people 21st-century Kenyan businesswomen 21st-century Kenyan businesspeople Kikuyu people Kenyan bankers Kenyan accountants Kenyan women accountants Jomo Kenyatta University of Agriculture and Technology alumni Year of birth missing (living people) Kenyan chief executives Kenyan women chief executives Kenyan women business executives Kenyatta University alumni

Background and education

Career

Other considerations

See also

References

External links