Job Title: Chief financial officer
Company: Family Bank
Stephen Karumbi is the CFO at Family Bank.
He started his financial career as a senior tax consultant at Ernst & Young and has spent 14 years in the financial services sector. Stephen has held leadership roles at Tugende, Chase Bank Kenya and Equity Bank.
He holds a BA in Economics from Kenyatta University and advanced management program certifications from IESE Business School and Strathmore University. Stephen is a certified public accountant.
Work
- Nov 2020 - Present: Chief Finance Officer, Family Bank
- Oct 2018 - Nov 2020: Chief Finance Officer, Tugende
- Jul 2016 - Aug 2018: Head of Finance & Strategy, Chase Bank Kenya
- Jan 2015 - Jun 2016: Head of Strategy, Chase Bank Kenya
- Apr 2014 - Dec 2014: Head of Analytics, Chase Bank Kenya
- Dec 2012 - Apr 2014: Senior Manager, Chase Bank Kenya
- Sep 2011 - Dec 2012: Manager - Group Tax, Equity Bank
- Dec 2009 - Sep 2011: Assistant Manager Internal Audit, Equity Bank
- Jun 2006 - Jul 2010: Senior tax consultant, Ernst & Young
Jul 2005 - Jun 2008: Lecturer, Strathmore University
Education
- Apr 2022 - Nov 2022: Advanced Management Program, IESE Business School
- Apr 2022 - Nov 2022: Advanced Management Program, Strathmore University
- 2001 - 2005: B.A, Economics, Kenyatta University
- 2000 - 2003: Certified Public Accountant, Strathmore University
Family Bank
Family Bank became a fully-fledged commercial bank in May 2007. It is regulated by the Central Bank of Kenya and is a member of the Deposit Protection Fund meaning that customers’ deposits are protected.
It has a network of 92 branches countrywide and over 1.7 million customers.
