By Francis Ngambi
The Co-operative Bank has been named Best Bank in Kenya 2019 at this year’s Europe, Middle East and Africa (EMEA) Finance Awards.
The EMEA Finance Awards recognise financial institutions which, through their client focus and sound leadership, continue to increase profitability, deliver affordable credit to the retail and wholesale markets, and support local and transnational corporations do business.
The award gala was held on 5th December 2019 at The Law Society, London, with Co-op Bank represented by Head of Investor Relations and Strategy James Kaburu and Bank Economist Anthony Muli.
“We are delighted to have been recognised with the prestigious EMEA Finance -African Banking Awards 2019, which vindicates our business model that uniquely combines world-class expertise and capabilities with deep-rooted local experience, enabling us to deliver market-leading solutions to our customers in Kenya, said Mr. James Kaburu.
Co-op Bank has lately been on a winning streak, having recently been named Overall Winner of the Kenya Bankers Association (KBA) 2019 Sustainable Finance Catalyst Award.
The Awards were created to recognize institutions that practice sustainable finance which has a direct positive impact on the financial sector, the economy, the environment and the society at large.
This year has especially been notable, with Co-op Bank winning accolades for strong credentials in Green Finance and sustainability practices.
The bank was named as Best Bank in Sustainable Finance in Kenya at the 2019 Energy Management Awards hosted by the Kenya Association of Manufacturers in April, and in mid-November emerged Overall Winner in Environmental Sustainability Report at the 2019 East African Financial Reporting (FiRe) Awards held in Nairobi.
Commenting on the recent accolades, the Group Managing Director and Chief Executive Officer (CEO) Co-operative Bank, Dr. Gideon Muriuki said, “as a bank that is predominantly-owned by the 15million-member Co-operative Movement, we are inclusive by design, which has not only enabled us to deliver shared prosperity today, but also helped us build an awareness and prudence to avoid making decisions that may put future generations in jeopardy.”
Francis Ngambi is the Personal Assistant to Group MD&CEO, Co-operative Bank of Kenya