Category Archives: News

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.

October 24, 2024 Ag KWFT MD Kariuki Kitabu welcomed Thomas Thompson Essel, Secretary General of the African Rural and Agricultural Credit Association (AFRACA) for a courtesy visit. As a member of AFRACA, KWFT has long partnered with the association to drive innovative financial solutions that benefit rural and agricultural communities across Kenya. This visit highlighted the ongoing collaboration between KWFT and AFRACA in promoting financial inclusion for smallholder farmers and underserved populations.

This visit reaffirms KWFT’s dedication to its mission of empowering rural communities through tailored financial services. With AFRACA’s support, KWFT continues to play a key role in transforming the agricultural sector and contributing to the economic empowerment of rural Kenya.

As part of Customer Service Week celebrations, Ag Managing Director Kariuki Kitabu made a special visit to the River Road branch which is one of KWFT’s Nairobi-serving branches. The visit showcased KWFT’s commitment to staying connected with its customers and providing exceptional support.

Several customers who visited the branch had the opportunity to engage with Mr. Kariuki, sharing their experiences, challenges and aspirations for their businesses. Mr. Kariuki reiterated KWFT’s unwavering dedication to helping its clients grow their businesses and improve their lives through tailored financial solutions.

“KWFT is dedicated to ensuring our clients have the tools and services they need to thrive in business,” said Mr. Kitabu. “We remain committed to supporting entrepreneurs and individuals as they build better futures for themselves and their communities.”

KWFT is focused on maintaining strong relationships with its customers and continuing to deliver impactful customer-centered services.

On October 11th, KWFT hosted a delegation from AAR Insurance, led by their Group Chief Executive Officer (GCEO) Justine Kosgei. Accompanied by two relationship managers, the AAR team visited to reinforce the ongoing collaboration between AAR Insurance and KWFT. AAR Insurance, an underwriter for KWFT, has been instrumental in providing critical insurance solutions to KWFT’s clients and staff. This visit was in observance of customer service week.

The delegation was received by Ag Managing Director Kariuki Kitabu, Director Credit Admin Jackline Ogero and General Manager Human Resources Carol Mungai. This collaboration underscores the importance of SDG 17: Partnerships for the Goals and SDG 3: Good Health and Well-Being providing both institutions an opportunity to highlight the importance of their partnership in delivering health and financial security solutions to the communities they serve.

This visit underscored KWFT and AAR Insurance’s shared commitment to serving their customers with excellence and working together to build a healthier and more secure future for all.

KWFT staff from various regions enthusiastically celebrated Customer Service Week in their offices, dressed in vibrant African wear that symbolized unity and cultural pride. This provided an opportunity to recognize staff for their dedication and commitment to providing financial solutions to the communities.

The celebrations featured a special cake-cutting ceremony with customers to mark the occasion and appreciate them for banking with KWFT.

KWFT reaffirms its commitment to continue serving its customers through its branch network of 190 branches across 45 out of 47 Kenyan counties, delivering financial services that empower individuals and communities.