This archive report was first published on 27 October 2021.
On October 27, 2021, Co-operative Bank of Kenya Chief Executive Gideon Muriuki was named Best Bank CEO in Africa at the African Banking Awards.
The awards, organised by EMEA Finance, recognised corporate leaders and financial institutions that have increased profitability, delivered affordable credit, and supported local and transnational entities.
Co-op Bank was among the few lenders that paid out dividends when there was a freeze in dividend payout in the financial industry.
Mr Muriuki was recognised for implementing key strategies to address challenges facing businesses and households, including sustaining dividend payments to shareholders and retaining staff during the pandemic.
The awards also recognised the successful acquisition and stabilisation of Jamii Bora Bank (now Kingdom Bank) and the Co-operative Bank's Best Bank in Kenya Award and the Best Asset Manager award to Co-opTrust Investment Services Ltd.
