Welcome To NBK

The Bank’s non-performing loan portfolio increased sharply towards the end of 2015 undoing gain of Ksh3.3B in profit before tax reported by the bank in Q3 2015. This led to the exit of Munir Ahmed from the bank.  Mr Wilfred Musau was then appointed as the Managing Director of the Bank since October 2016.

In March 2016, the Bank announced 2015 full year results reporting a loss of KShs1.2B for the year ended 31 December 2015. The Bank attributed the loss to heavy provisions and loan impairment charge which increased by KShs. 3.2b over the period.

In 2012, Munir Ahmed was appointed the Managing Director of National Bank with a set agenda to transform the Bank to a tier one lender by 2017. In May 2013, NBK rebranded and transformed in an effort to stand out from the crowd by coming out of the old National Bank image people used to know to a new image. The rebrand was a great success that the bank was awarded the Rebrand Global Award while Mr. Munir Ahmed won the CEO of the Year in Finance at the East Africa Banking Awards.