19th December, 2018
Mortgage financier HF Group has appointed a new CEO, to replace Frank Ireri who retires in March next year. The position is now occupied by former NIC Bank director of retail banking Robert Kibaara. Sam Waweru, the managing director of the company’s banking subsidiary HFC limited, has been occupying the post in an acting capacity, while Mr Ireri took medical leave ahead of his retirement after 13 years in the post. “the appointment of Mr Kibaara marks a critical milestone for the group as it comes at a time when HF has embarked on a new turnaround strategy focusing on full service banking, with investment in digital and retail banking,” HF’s chairman Steve Mainda said in a statement.