The Board of Caritas Microfinance Bank has appointed David Mukaru as the Chief Executive Officer effective from 21sr April 2021.
“The Board is pleased to announce the appointment of Mr. David Mukaru as the Chief Executive Officer effective from 21st April 2021.” The Lender said in a statement.
David Mukaru has 28 years of banking experience.
Mukaru is joining Caritas Microfinance Bank from Faulu MFB where he was the Head of Business Growth, and before that he was in Equity Bank Kenya and Tanzania where he was the Head of Micro Credit and General Manager credit.
“He is a highly experienced professional with a strong leadership record of developing diverse finance, non-financial products and consolidating highly performing teams.
Central Bank of Kenya has approved his appointment.
“The Board takes this opportunity to congratulate him on his appointment.” Said
CPA Patrick Kinyori (FKIM), Chairman – Board of Directors
Mr. Mukaru holds a Bachelor’s degree in Business Administration from the Kenya Methodist University. In addition, he is undertaking a Masters in Management of Agribusiness (MMA) at Strathmore Business School.
He also holds a Diploma in Business Administration from the Mombasa Polytechnic University College, an Advanced Certificate in Business Management from the Kenya Institute of Management and a Diploma in Banking 1 from the Kenya National Examination Council.
The new CEO attended several trainings such as Microfinance Advanced Leadership at Wharton Business School, Boulder Microfinance Training – Turin Italy, and many more courses that will be of benefit to his role as the CEO.
Mukaru is also a Certified Financial Education Master Trainer.