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A) PAUL B MUNGLA - DIRECTOR & CEO
Education : B. Com. (Hon) University of Nairobi; MBA (Executive Management) Frederick Taylor University-USA
Professional Qualification: Lead Expert in Environmental Impact Assessment/Audit; Certified Public Accountants, Kenya
Courses Trained locally in: Various Credit Courses; Management; Marketing; Domestic Banking Operations; Project Management; Activity Based Costing
Trained Overseas inABSA Bank, Pretoria, SA
Work Experience: A banker with Kenya Commercial Bank Group for over 25 years in various senior positions, both in Kenya and its subsidiaries in Tanzania, Uganda and South Sudan.
Recent Key roles held during the last 10 years include:
2000-2004: Head of Operations and finance (KCB TANZANIA LTD) Responsible for implementing effective and sound financial and accounting management practices in the entire subsidiary, that is, at Head Office and the then entire branch network. Spearheading the formulation of the banks Strategic Plans. Money Market Operations by participating in Treasury Bills/Bond & Repos markets; Placement of funds locally and abroad; Foreign Exchange trading; Management of Correspondent bank relationships.
April 2009: Head, Central Processing Center (KCB KENYA LTD).
Redeployed to the Parent Company in Nairobi to head this newly created job that was a key Strategic Initiative for the Group. Paul was responsible for driving the centralization of back office processes in the Bank in order to: create efficiency in processing TAT, reduce costs, minimize risks and , hence, enhance quality of customer service delivery.
July, 2010 & May 2011: KCB UGANDA LTD & KCB SUDAN LTD
Was deployed to the above subsidiaries as Head of Operations in each one of them. The work involved development of a Strategic Roadmap for the Operations Units of these two subsidiaries in order to align the back-end support processes of the bank with its rapidly expanding front office activities.