KCB Group
Velma Okoth is an experienced legal professional with a robust background in financial institutions and litigation. Currently serving as Senior Legal Counsel at KCB Bank Group since January 2017, Velma monitors compliance with laws and internal regulations while reviewing documentation to mitigate risks related to fraud and money laundering. Previously, Velma held the position of Legal Officer at Jamii Bora Bank from November 2013 to December 2016, where responsibilities included advising on litigation risks and preparing board minutes. Earlier experience at KAIRU & McCOURT ADVOCATES as a Litigation Associate involved managing complex defense cases, achieving a 50% out-of-court settlement rate and a 95% success rate overall. Velma began the legal career as Associate General Counsel at Koki Mbulu & Company Advocates, focusing on contract drafting and security documentation. The educational background includes a degree from Moi University.
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KCB Group
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KCB Group Plc, formerly KCB Group Limited, is a financial institution. The Bank provides corporate and retail banking and Bancassurance services in various parts of the country. It offers corporate and retail banking services. Its segments include Retail banking, Corporate banking, Mortgages and Treasury. The Retail banking segment incorporates banking services, such as customer current accounts, savings and fixed deposits to individuals. Retail lending are mainly consumer loans and mortgages based lending. The Corporate banking segment incorporates banking services, such as current accounts, fixed deposits, overdrafts, loans and other credit facilities both in local and foreign currencies. The Mortgages segment incorporates the provision of mortgage finance. The Treasury segment operates the Company's funds management activities. Its other operations comprise of trade finance and forex business. It also participates in investments in Treasury Bills and Bonds from the Central Banks.