Philip Odera
Philip Odera is an economist, businessman and bank executive in Kenya, the largest economy in the East African Community. He is the current designate managing director and chief executive officer of CfC Stanbic Bank Limited,[1] a Kenyan financial institution, with total assets valued at approximately US$2 billion (KES:180.51 billion), as of December 2013.[2] Prior to that, from 2007 until 2014, he served as the CEO and managing director of Stanbic Bank Uganda, the largest commercial bank in Uganda.[3]
Philip Odera | |
|---|---|
| Born | Philip Odera 1961 (age 59–60) Maseno, Kenya |
| Nationality | Kenyan |
| Alma mater | St. Lawrence University (BA.Econ.) Suffolk University (MBA) |
| Occupation | Economist, bank executive, businessman |
| Years active | 1995 – present |
| Title | Managing director & CEO Stanbic Bank |
Background and education
Odera was born in Maseno, Kisumu County, in the former Nyanza Province in western Kenya, circa 1961.[4] He attended local schools before he relocated to the United States for further studies. He holds the degree of Bachelor of Arts in Economics from St. Lawrence University in New York State. He also holds the degree of Master of Business Administration majoring in Finance, from Suffolk University in Massachusetts.[1]
Career
Prior to 2007, Philip Odera worked with Stanbic IBTC Bank, a large banking institution in Nigeria, with total assets valued in excess of NGN:763 billon (US$3.74 billion), as of December 2013.[5] Stanbic IBTC Bank is a subsidiary of Standard Bank of South Africa. From 2007 until 2014, he served as the managing director and CEO of Stanbic Bank Uganda, the country's largest commercial bank by assets.[6] In February 2015, he was appointed by the board of directors at CfC Stanbic Holdings to become the new CEO, pending regulatory approval by the Central Bank of Kenya.[1]
References
- Ngigi, George (15 February 2015). "Odera Gets Board's Approval for CFC Stanbic Bank Top Job". Business Daily Africa (Nairobi). Retrieved 16 February 2015.
- CFC, . (28 February 2014). "CfC Stanbic Holdings Full Year Results 2013" (PDF). CfC Stanbic Bank Holdings (CFC). Archived from the original (PDF) on 1 August 2014. Retrieved 16 February 2015.CS1 maint: numeric names: authors list (link)
- Gachiri, John (6 January 2015). "Ugandan Takes Over From Kenyan at Stanbic Uganda". Business Daily Africa (Nairobi). Retrieved 16 February 2015.
- Bloomberg Business, . (2014). "Company Overview of Stanbic Bank Uganda Limited". Bloomberg L.P. Retrieved 16 February 2015.CS1 maint: numeric names: authors list (link)
- SIBTCH, . (2014). "Stanbic IBTC Holdings: Financial Review – Analysis of The Group's Financial Performance, for Twelve Months Ending 31 December 2013". Stanbic IBTC Bank (SIBTCH). Archived from the original on 28 October 2013. Retrieved 16 February 2015.CS1 maint: numeric names: authors list (link)
- Herbling, David (16 April 2014). "Stanbic Bank Uganda Raises Dividend Despite Net Profit Drop". The EastAfrican (Nairobi). Retrieved 16 February 2015.