Ory Okolloh Resigns As Non-Executive Director At Stanbic Bank

Ory Okolloh Resigns As Non-Executive Director At Stanbic Bank

Ms. Ory A. Okolloh has resigned as an Independent Non-Executive Director from the board of Stanbic Holdings with her resignation taking effect last Wednesday.

She will remain as chair of the Stanbic Kenya Foundation board. The foundation has a mandate of catalyzing inclusive Social Economic growth and promoting Environmental/Climate awareness as avenues to create sustainable businesses in Kenya and South Sudan economies in line with the Sustainable Development Goals.

She serves as a Non-Executive Director on the Boards of several organizations including the Thomson Reuters Founders Share Company, East African Breweries Limited, Stanbic Holdings Plc, and Stanbic Bank Kenya, the Board of Trustees of the Van Leer Group.

In November, Stanbic Bank, with Stanbic Foundation, launched a report that shows their banking journey within and without Kenya, as well as the impact in socioeconomic activities with the promise of always placing the client at the center of their operations.

“Placing the client at the center of our vision to imbed our Social, Economic and Environmental Value creation, we empower our client service teams and leverage our value-driven culture to deliver on the key matters that we feel our stakeholders deem to be the most important to our business performance, and the creation of returns to society,” said the lender in the report.

According to Stanbic Bank, financial inclusion is key for the development of any sector within a nation. The bank says that it is committed to having and sustaining improved levels of financial fitness among its client and staff. In the report, the bank says it has always had a “focus on women empowerment to realize increased levels of social return.”

Financial inclusion supports economic and human development and reduces inequality. Achieving financial inclusion requires that individuals and businesses have access to applicable and affordable financial products and services that meet their needs, delivered in a responsible and sustainable way. This includes payments, savings, credit, and insurance. More Articles From This Author

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