Raphael Lekolool is the new Postbank Managing Director.
His appointment, effective June 1, 2020 was announced Friday by the board of directors’ chairman Ntoros Baari Ole Senteu.
This follows the retirement of Ms. Anne Karanja from the Postbank after serving in the position of Managing Director for the last six years.
Prior to this appointment, Anne had served in different senior management positions in the same Bank.
In his role as the Managing Director, Mr.Lekolool will be riding on a strong foundation of the existing customer base and digital platforms in pursuit of growing the Bank’s market share while executing the Bank’s strategic Plan.
The financial world is going digital and one of Postbanks’s priority areas is to exploit technology to ensure customers can handle most of their financial transactions online.
With his vast experience in banking, micro finance and insurance sectors, Lekolool is well placed to drive the Bank’s business to the next level while offering customer driven products.
“I have full confidence that my successor, Mr. Lekolool will steer Postbank to greater heights. I take this opportunity to wish him a successful tenure.” said Ms. Karanja.
“We appreciate the stewardship of Ms. Anne Karanja which kept Postbank focused on inculcating a savings culture among Kenyans.” reflected Mr. Baari Ole Senteu, the Board Chairman. “We wish her well in her endeavors as she continues serving the nation in different capacity”added Mr. Senteu.
Prior to this appointment, Mr. Lekolool was the Enterprise Risk Manager at UAP, Old Mutual and Head of Internal Audit at Faulu Microfinance.
He is an MBA graduate of Cardiff Business School and holds a BSc. Degree in Banking from University of Manchester.