David Kipchumba Email and Phone Number

• Founded Beresse Moringa, Kenya limited a company dealing with agribusiness and farming of cereals, fruits and superfoods.• Lead strategic partnerships / market expansion and product development which has enhanced revenue growth.• Introduced mechanised farming/including implementation of cutting edge agricultural technologies and adaptation of irrigation for sustainability.• Concurrently offering consultancy services in risk management in various sectors and industries such as finance and banking, agriculture, energy and oil and gas.

Developed and implemented comprehensive 20-year Master Plan and a 5-year Ksh 200 billion Strategic Plan for KVDA. Accomplishments were :Was able to initiate and roll out KVDA Master Plan (2013-2033) and Strategic Plan (2014-2019) and mobilise Resources to the tune of ksh70 billion for project implementation. Initiated and implemented cherangany water shade conservation through afforestation and protection of water catchment areas. Initiated and completed honey value chain, which involved purchase of honey from local communities. This created a business pipeline for KVDA and also supported local communities on income generation. Was able to implement mango value chain for KVDA which involved targeting 10 million mango trees in the north rift counties and constructed and operationalised a pilot mango concentrate/juice processing plant with the capacity of processing 20 tonnes of mangos per hour. Was able to spearhead the construction of KVDA plaza southern wing through a commercial loan sourced from a financial Institution at the cost of K384 million within 14 months. This building generates revenue of Ksh150 million per annum. Was able to initiate and operationalised a pilot solar driven water harvesting and center pivot irrigation system on 150 acres at Napuu aquiver.Other projects include 2000 acres community irrigation project in West-Pokot and 300 acres in Elgeyo Marakwet.In May 2018, I successfully held a meeting in Washington DC with 3 vice presidents of Millennium Challenge Corporation (MCC), led by MS Kyeh Kim and negotiated for Kenya to be considered for MCC combat operations. In December 2019 the MCC Board of directors approved Kenya's eligibility and in march 31, 2022 MCC board approved a 60 million dollar Kenya threshold program. Initiated and worked with UNESCO to map and create UNESCO Global Geopark sites in the Great Rift Valley, pending certification as the third Global Geopark site in Africa after Morocco and NgoroNgoro in Tanzania.

• Pioneered the creation of the Operational Excellence and Quality Assurance Unit at KCB Group, a strategic move in response to KCB's regional expansion efforts. This initiative played a pivotal role in guaranteeing that services and products maintained the utmost quality standards throughout the organization's diverse footprint.• Assumed a leadership role in this endeavor, focusing on the continuous enhancement of operational efficiency and the implementation of a robust quality assurance framework to safeguard control integrity across the entire spectrum of KCB Group subsidiaries.• Spearheaded efforts to standardize operational processes and quality benchmarks, ensuring that KCB Group's commitment to excellence was consistently upheld.: olemented proactive merse to identy ans miese seational rots, contributing to tene arestling e dusabi opera caus peratis a corevalue within KCB Group.• Achieved significant improvements in customer satisfaction and operational effectiveness through the establishment of best practices and quality control measures within the organization.

• Responsible for creating and executing Group service centre for treasury and trade finance operations. This involved streamlining and centralising Trade Services, Swift Payments, and Treasury Operations within KCB group companies in six countries (Kenya, Tanzania, Uganda, South Sudan, Rwanda and Burundi.) These functions previously reported to various divisions, including Treasury, Corporate Banking, Operations, IT, and Credit, necessitating a major organizational overhaul.• Led consolidation and formulation of robust structures, policies, procedures, and stringent controls, culminating in the creation of a seamless, one-stop shared service centre for the Group's operations. This positioned KCB as a premier provider of Corporate and Investment Banking services in the region.• Within an impressive time span of just 4 months, successfully merged these functions into a highly efficient Trade Services, Swift Payments, and Treasury Operations centre. This center now proudly delivers world-class financial operational support to the KCB Group, benefiting from the dedicated efforts of a team comprising 120 direct employees and an extended network of over 600 indirect staff across the KCB Regional network.• Achieved notable enhancements in operational efficiency, bolstering KCB's reputation as a reliable financial services provider while reinforcing the organization's competitive edge in the market.• Instituted a culture of continuous improvement and innovation, fostering ongoing excellence within the newly established shared service center. This resulted in sustained value creation for the KCB Group and its clientele.

• Assumed responsibility for strategic oversight, administrative coordination, and professional execution of internal audit function encompassing KCB Group's Head Office, Business, Control and Support Units, as well as its subsidiaries, including Savings and Loan, KCB Tanzania, KCB Uganda, KCB Rwanda, and KCB Sudan. Notably, KCB Group's operations span across more than 150 branches in these countries.• Deliveredindependent assurance services to both the Board and Executive Management, offering critical insights into the effectiveness of RiskManagement, control mechanisms, and Governance practices within the diverse landscape of the Group's operations across five East African nations. This assurance function played a pivotal role in ensuring that the group optimized returns on investments while attaining sustainable regional growth, contributing significantly to KB's overall success and reputation in the market.• Spearheaded comprehensive audit initiatives that provided actionable recommendations and insights to enhance the Group's risk mitigation strategies, internal controls, and governance processes, thus fortifying its resilience in a dynamic business environment.• Collaborated closely with cross-functional teams and stakeholders, fostering a culture of accountability and continuous improvement, which resulted in the continual enhancement of operational efficiency and risk management across the organization.• Implemented robust audit methodologies and best practices to ensure that audit activities were carried out efficiently, effectively, and in alignment with international audit standards, bolstering the Group's ability to meet regulatory requirements and adapt to evolving industry demands.• Provided leadership in the implementation and migration of KCB core banking system from TC3 to TC4 and successfully spearheaded the reconciliation of data from the legacy system to the new core banking platform.

Provided expert guidance and recommendations to the CEO and the Audit Committee regarding the assessment of credit, market, and operational risks across the KCB Group. My primary objective was to enhance the quality of management, internal controls, and governance practices. Given the inherent connection between risk and banking activities, this responsibility played a critical role in ensuring that the KCB Group effectively managed its banking operations while adhering to acceptable risk thresholds.• Reviewed, formulated, implemented, and refining policies, procedures, and processes related to various key lending segments within the KCB Group, including Guaranteed Loans, SME Loans, Personal Loans, Structured Trade Finance, and Asset-Based Finance [ABF]. These initiatives were integral in maintaining the Group's commitment to sound risk management practices, promoting responsible lending, and safeguarding the interests of both the institution and its clients.• Collaborated closely with stakeholders, regulatory bodies, and risk management teams to establish a proactive risk assessment framework that enabled the KCB Group to identify, measure, and mitigate credit, market, and operational risks effectively, thereby ensuring the institution's financial stability and regulatory compliance.• Continuously engaged in capacity building and training initiatives, fostering a culture of risk awareness and management excellence among employees within the credit and lending functions, thereby bolstering the Group's overall risk management capabilities.• Strengthened the KCB Group's risk mitigation strategies by establishing robust credit assessment and monitoring mechanisms, facilitating informed decision-making processes, and optimising credit risk models to enhance the institution's competitive edge in the financial market.

• Played a pivotal role during a challenging period marked by inadequate management of a distressed corporate loan portfolio, amounting to Ksh 30 billion. My efforts were instrumental in implementing a robust Debt Recovery System that achieved tangible results within a remarkably short timeframe of just two years.• Led a dynamic audit team comprising six auditors, responsible for planning, coordinating, and executing comprehensive audit assessments across various risk domains, with a particular focus on credit and other lending-related functions. These audit activities were tailored to address evolving business requirements within the KCB Group.• Delivered precise, substantiated, and timely audit reports, offering a thorough examination of the KCB Group's lending operations. These reports were instrumental in enhancing transparency and ensuring the integrity of lending practices.• Spearheaded the development and implementation of innovative strategies for debt recovery, including negotiation tactics, legal interventions, and proactive measures aimed at minimizing credit losses and rehabilitating impaired loans, thereby safeguarding the financial health of the KCB Group.• Collaborated closely with cross-functional teams to identify the root causes of credit impairments and introduced measures to prevent recurrence, optimising the Group's risk management approach and bolstering its ability to navigate challenging economic conditions.

Responsible for reviewing and making decisions on credit proposals presented by Corporate Credit Analysts, focusing on corporate clientele from Corporate Banking Branches, KCFC, and KCB (T) Ltd. These proposals were subject to approval by the Director - Credit, Chief Executive, and the KCB Board of Directors, particularly for credit facilities exceeding Ksh. 20 million.• Played an integral part in the development and packaging of a money market line of credit tailored to meet specific financial needs of corporate customers.This initiative was designed to optimize liquidity management and facilitate strategic financial planning for these valued clients.• Collaborated closely with key stakeholders, including credit analysts and decision-makers, to ensure that credit propositions were meticulously reviewed, rigorously assessed, and aligned with the institution's risk appetite, regulatory compliance, and prudent lending practices.• Actively engaged in ongoing monitoring and evaluation of corporate credit portfolios to identify potential risks and opportunities, ultimately safeguarding the financial stability of the KCB Group and ensuring the highest level of service and satisfaction for corporate clients.• Assisted in structuring credit facilities that supported corporate clients in achieving their strategic business objectives, reflecting the institution's commitment to providing tailored financial solutions that drive economic growth and sustainability in the markets served by the KCB Group.

Conducted comprehensive assessment of facility applications received from various branches, with consideration given to Manager Credit, Director Credit, Chief Executive, and the Board, depending on the request's exposure level and authority limit.• Analysed facility applications originating from Correspondent Banks and Local Banks/financial institutions, received through the Correspondent Banking and International Trade Finance Division, ensuring the adherence to established risk and credit evaluation criteria.• Conducted analysis of credit card applications specifically pertaining to corporate customers, emphasising stringent due diligence and risk assessment protocols to safeguard the institution's credit exposure.• Undertook in-depth analysis and facilitated the preparation of Board Papers related to sector papers, as crafted by the Business Advisory Services Division (BAS), and feasibility reports submitted to the Bank in support of lending proposals. These activities aimed to provide the decision-makers with a comprehensive understanding of the financial landscape and potential risks associated with lending initiatives.• Assured adherence to the Bank's existing policies and guidelines, as delineated in the lending manual and other relevant circulars. Additionally, ensured compliance with the provisions outlined in the Banking Act and various governmental guidelines, primarily issued through the Central Bank of Kenya and The Treasury (Ministry of Finance), thereby mitigating regulatory risks and maintaining the highest ethical and operational standards.

Undertook assessment and credit analysis of facility applications originating from KCB branches, specifically tailored for Retail Customers and Staff.Subsequently, I provided informed recommendations in the form of memoranda for consideration by the Manager of the Credit Division and Credit & BAS.This process aimed to ensure a thorough assessment of creditworthiness and alignment with the institution's lending criteria.• Guided and supported Branch Units in upholding exemplary credit standards, fostering a culture of responsible lending, and creating awareness regarding evolving lending risks, dynamic economic trends, and industry-specific dynamics. This proactive approach was instrumental in equipping the organization to adapt to changing market conditions and emerging challenges effectively.• The scope of this responsibility covered credit exposures valued at Shs. 20 million and below, highlighting the importance of diligent credit evaluation for a wide range of retail customers and staff members. This holistic approach was integral in maintaining a balanced and risk-aware lending portfolio while fostering financial inclusion and customer satisfaction.

• Team leader for KCB branch Credit Audit, I assumed leadership of a team comprising two Assistant Auditors. My primary duty was to oversee and orchestrate credit audit inspections conducted at various KCB branches.• This role involved not only leading the audit team but also managing and executing the comprehensive credit audit process, ensuring adherence to established audit standards, procedures, and protocols.• Responsible for coordinating and scheduling audit activities, prioritizing branch assessments, and assigning specific audit tasks to team members in a manner that optimized efficiency and coverage.• Beyond conducting audits, I played a pivotal role in analyzing audit findings, identifying areas for improvement, and developing actionable recommendations to enhance credit processes, risk management practices, and internal controls.• Collaborated closely with branch managers and relevant stakeholders to facilitate a smooth audit process, address any audit-related concerns or queries, and promote a culture of compliance and continuous improvements.• Proactively monitored industry-specific developments and regulatory changes to ensure that audit practices remained aligned with evolving industry standards and best practices, fortifying the institution's risk management framework and audit capabilities.

• Role involved fostering and nurturing relationships with Corporate Customers, actively addressing their diverse financial requirements and managing a portfolio of over 30 corporate accounts. This encompassed a wide spectrum of banking services tailored to meet their unique needs.• Diligently handling the processing and appraisal of loan and lending applications, presenting well-founded recommendations to KCB Head Office for approval.This ensured that lending decisions were based on a thorough and rigorous evaluation of creditworthiness and risk factors.• Overseeing lines of credit and temporary facility requirements for corporate clients, providing them with flexible and tailored financial solutions that aligned with their short-term and working capital needs, thereby contributing to their financial stability and growth.

• Participated in a rigorous on-the job training program focused on branch operations, which encompassed a comprehensive understanding of key functions, including cash handling, bill processing, savings account management, and clearing department procedures.• Actively engaged in hands-on training activities aimed at gaining practical experience and proficiency in branch operations, ensuring a deep understanding of the intricacies involved in these critical areas.• This training initiative was designed to equip me with a well-rounded skill set, enabling me to contribute effectively to the smooth functioning of the branch and deliver exceptional customer service.• Collaborated closely with experienced professionals and mentors during the training period, benefiting from their expertise and guidance to build a solid foundation of knowledge and practical capabilities.• Aspired to uphold the highest standards of accuracy, efficiency, and compliance with banking regulations and internal policies in all aspects of branch operations.

• Served as a Project Coordinator for World Vision International (Wl) initiatives in Kenya, taking on a multifaceted role that encompassed project inception community mobilisation, funding acquisition, rigorous evaluation, and ongoing monitoring of projects.• Cultivated a network of dedicated donors and volunteers for community projects including fundraising initiatives through child sponsorship. Formed strong relationships with external stakeholders and ensured major donors are well informed and satisfied.• Successfully managed a substantial portfolio of twenty-six (26) projects, overseeing a dedicated team of 130 staff members. These projects were strategically designed to empower and foster self-reliance within targeted communities.• Demonstrated proficiency in project financial management, stewarding annual budgets totaling US$2,000,000 (approximately Shs 255 million). This involved meticulous allocation of resources, cost control, and transparent financial reporting to ensure optimal utilization of funds and adherence to donor Requirements.