Monthly Archives: November 2024

KWFT  is delighted to announce its recognition at the 2024 SFI Catalyst Awards, held on 20th November 2024 at the Radisson Blu Hotel, Upper Hill, Nairobi.

The SFI Catalyst Awards organized by the Kenya Bankers Association (KBA) brought together industry leaders, policymakers and stakeholders to discuss strategies for advancing sustainable finance within the banking sector. There was representation from the National Treasury, KBA, IFC, GIZ and the event was well attended by member banks of Kenya Bankers Association.

Mr Kariuki Kitabu Ag Managing Director was accompanied to the event by GM Marketing – Juliana Wanjiru, GM Human resources – Carol Mungai and Senior Manager Strategy – Vanesa Otonda.

KWFT secured the 2nd position in the Promoting Gender Inclusivity category. This award celebrates financial institutions that demonstrate a strong commitment to gender parity through policy formulation and implementation. KWFT was recognized for its exceptional efforts in empowering women to participate formally in the financial services sector, both in the workplace, marketplace and the community.

KWFT’s achievement at the 2024 SFI Catalyst Awards reaffirms its unwavering commitment to advancing gender equity and sustainability. Through innovative financial solutions, KWFT continues to empower women across Kenya, enabling them to create wealth, build sustainable businesses and improve their livelihoods.

KWFT Bancassurance Intermediary Limited signed a Memorandum of Understanding (MoU) with the Advocates Benevolent Association (ABA), the welfare association for members of the Law Society of Kenya (LSK). This partnership ceremony took place on 8th November 2024, marking a new chapter of collaboration aimed at providing last expense coverage to ABA members.

The event was attended by senior representatives from both organizations led by Ag Managing Director KWFT Kariuki Kitabu, Senior leadership management: Jackline Ogero, Rose Muyanga, Juliana Wanjiru, Dolly Nyambura and Legal Officer Javan Oduwo. ABA was represented by their Chairman, Mr. Byron Menezes, along with two members of the ABA secretariat Esther Muriuki and Felix Owino who attended to witness this occasion.

 Through this partnership, KWFT Bancassurance Intermediary Limited will extend last expense insurance coverage to ABA members, providing financial support to their families during times of bereavement. This service will be available at favorable rates, ensuring ABA members can access high-quality insurance products tailored to their unique needs. The last expense coverage will offer a dignified level of security for families, alleviating the financial strain often associated with unforeseen eventualities.

This partnership underscores KWFT Bancassurance’s commitment to ensuring that all clients, including ABA members, are well-prepared for life’s inevitable transitions.