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Showing posts with label Compliance Risk Manager Job In Kenya. Show all posts
Showing posts with label Compliance Risk Manager Job In Kenya. Show all posts

Saturday, October 9, 2010

Kenya Jobs Vacancy: Compliance Risk Manager - KCB Job Vacancies 09 October,2010

Kenya Jobs Vacancy: Compliance Risk Manager - KCB Job Vacancies 09 October,2010
HISTORICAL BACKGROUND
    * The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda.
    * The next major change in the Bank’s history came in 1958. Grindlays Bank merged with the National Bank of India to form the National and Grindlays Bank.
    * Upon independence the Government of Kenya acquired 60% shareholding in National & Grindlays Bank in an effort to bring banking closer to the majority of Kenyans.  In 1970, the Government   acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grindlays Bank was renamed Kenya Commercial Bank.
    * In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance.
    * In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-es-Salaam, Tanzania to provide banking services and promote cross-border trading.  Since then, the subsidiary has 11 branches. 
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