John Gachora is an electrical engineer and bank executive in Kenya, the largest economy in the East African Community. He is the Group managing director and group chief executive officer of NCBA Group,[1] a banking conglomerate, with subsidiaries in Kenya, Tanzania, Uganda and Rwanda.[2]
John Gachora | |
|---|---|
| Born | 1968 (age 55–56) Gatamaiyu, Kenya |
| Nationality | Kenyan |
| Alma mater | Massachusetts Institute of Technology (BSc. in Electrical Engineering) (MSc. in Electric Engineering) Wharton Business School (Master of Business Administration) |
| Occupation | Engineer & Bank Executive |
| Years active | 1994 - present |
| Title | Group Managing Director & Group CEO NCBA Group Plc |
Background and education
editGachora was born in Gatamaiyu Village in Kenya's Central Province to subsistence farmers in 1968, the eighth born in a family of thirteen children.[3] He attended Alliance High School. While there, he traveled to the United States as a high school exchange visitor to Brooks School in Andover, Massachusetts. While there, he applied to and was accepted by the Massachusetts Institute of Technology (MIT). He earned both the Bachelor of Science and the Master of Science degrees in Electrical Engineering. Later, in 2002, he received the Executive Master of Business Administration from the Wharton School of Business.[4]
Career
editAfter his master's degree at MIT, he found employment on Wall Street with Credit Suisse. Later, he worked at Bank of America's corporate headquarters in Charlotte, North Carolina, rising to the rank of managing director - group head, investment banking.[3] In January 2009, he joined Absa Capital in Johannesburg, South Africa, rising to the rank of chief executive officer of Absa Africa at Absa Group Limited, in November 2010.[1][5] In September 2013, he was appointed group managing director and group CEO of NIC Bank Group. In 2019, following the merger of NIC Group PLC and Commercial Bank of Africa Limited, he was appointed the group managing director and group CEO of NCBA Group, a position he still occupied as of August 2024.[6][7]
Other considerations
editGachora is a married father of three children.[3]
See also
editReferences
edit- ^ a b "John Gachora: Executive Profile". Businessweek Investing. 2014. Retrieved 29 December 2014.[dead link]
- ^ Waiswa, Baz (10 November 2014). "NIC Bank Puts Aside US$134 Million for Expansion". East Africa Business Week (Kampala). Retrieved 29 December 2014.
- ^ a b c Biko, Jackson (16 January 2014). "John Gachora: Village Boy's Meteoric Rise To The Top". Business Daily Africa (Nairobi). Archived from the original on 29 December 2014. Retrieved 29 December 2014.
- ^ "Alumni Impact: John Gachora Leads Financial Services In East Africa". Wharton School of Business. 2 September 2014. Retrieved 29 December 2014.
- ^ Njeri, Maryanne (11 October 2010). "John Gachora: The Man To Conquer Rest of Africa for Absa". The EastAfrican. Nairobi. Archived from the original on 29 December 2014. Retrieved 29 December 2014.
- ^ Business Daily Reporter (25 July 2013). "NIC Bank Taps Diaspora For New Chief Executive". Business Daily Africa. Nairobi. Retrieved 29 December 2014.
{{cite web}}:|author=has generic name (help) - ^ Charles Wachira (27 October 2014). "Kenya's NIC Prioritizes Capital Returns Over Market Share". Bloomberg News. Retrieved 29 December 2014.