Much­ene takes the reins at Bar­clays as Okomo ex­its

The Star (Kenya) - - News -

Former Price­wa­ter­house­Coop­ers se­nior coun­try part­ner Charles Much­ene has been elected the chair­per­son of Bar­clays Bank. He will re­place Fran­cis Okomo-Okello who has served his full ten­ure since April 2005. Bar­clays be­comes the sec­ond pub­licly traded firm au­dited by PwC that Much­ene will chair af­ter East African Brew­eries. Much­ene was ap­pointed to the board of EABL in Fe­bru­ary 2011 as a non-ex­ec­u­tive di­rec­tor and re­placed long-serv­ing Jeremiah Kiere­ini a year later. “With his vast ex­pe­ri­ence in the fi­nan­cial sec­tor, strong cor­po­rate gov­er­nance cre­den­tials and busi­ness lead­er­ship skills, I be­lieve he is ex­actly what the bank needs,” Okomo-Okello said. “I am hon­oured and thrilled that the board has en­trusted me with the role of chair­man of Bar­clays Bank in Kenya,” Much­ene said.

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New Bar­clays Bank chair­man Charles Much­ene at a past me­dia brief­ing

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