Mr. David Irungu
Kenya Deposit Insurance Corporation
David is an accomplished executive and initiative-driven thought leader with a proven acumen and track record in both public and private sectors.
David’s illustrious career spanning over 15 years, has seen him leave an imprint in the Banking Sector. As a practitioner and regulator, David excelled ineffective human capital management, driving organizational performance while implementing best practices for the benefit of stakeholders. In addition, David is an experienced professional in strategy development and implementation, people management, relationship management, and business growth and development.
Before joining the Kenya Deposit Insurance Corporation as the General Manager in charge of the Directorate of Resolution, David, held various management positions in several commercial banks in Kenya. These include Co-operative Bank, Housing Finance, Consolidated Bank of Kenya, Equity Bank (K) Ltd, and Key Micro Finance Bank Ltd where he was the Chief Executive Officer.
At KDIC, David oversees the Liquidation of the 18 financial institutions/ banks as well as operations of subsidiaries of failed banks aimed at generating optimal returns for depositors and creditors. He holds a Bachelor of Commerce Degree in Finance, Masters of Science Degree in Finance & Investments, CPA (K), and is a certified PRINCE 11 Practitioner. He is also an associate at Toronto Training Centre (Canada) on Banks Resolution and Financial sector crisis management. Further, David has attended several local and international courses on leadership and Bank resolution including; Financial Sector Crisis management and risk simulation management (Toronto Training Centre – Canada); Banks resolution and risk management (Korea Deposit Insurance Corporation), and Senior Leadership Development Programme (Kenya School of Government).
He is a member of the Technical Committee of the East African Community, Financial Sector Crisis Management committee on Convergence Criteria, and Financial Integration of the East African community. Other members include the Country’s Steering Committee on Development of a Macro-Prudential policy and Crisis Management Framework for the Financial Sector under the National Treasury and Economic Planning as well as the Governing Council of Credit Information Sharing