Robert Kibaara
Robert Kibaara | |
|---|---|
| Born | 1974 Kenya |
| Occupation(s) | Entrepreneur, corporate executive |
| Years active | 1995–present |
| Known for | CEO of Housing Finance Group of Kenya |
Robert Kibaara is a prominent Kenyan entrepreneur and corporate leader currently holding the position of chief executive officer at Housing Finance Group of Kenya (HFGK), the parent company of Housing Finance Company of Kenya, a commercial banking institution. He took on this leadership role in December 2018.
Before his appointment at HFGK, Kibaara held executive roles in banking at NIC Bank prior to its consolidation with Commercial Bank of Africa, which resulted in the creation of NCBA Bank Kenya.
Early life and education
Born around 1974 in Kenya, Kibaara was raised in a large polygamous household consisting of one father, three mothers, and 30 siblings. His father died in 1988, and his mother passed away in 1995.
His academic qualifications include a Bachelor’s degree in Banking and Finance from the University of Sunderland, a Diploma in Marketing awarded by the Chartered Institute of Marketing, and a Master of Business Administration from the Edinburgh Business School.
Career
At 21 years old in 1995, Kibaara left Kenyatta University to embark on a career in banking, beginning as a teller at Barclays Bank of Kenya (currently known as Absa Bank Kenya Plc).
He subsequently progressed through various positions at Standard Chartered Bank and National Bank of Kenya before joining HFGK. In his capacity as CEO, he is steering HFGK’s evolution from its traditional role as a mortgage lender toward becoming a diversified retail bank. This strategic shift includes reintegrating the subsidiary Housing Finance Development and Investment Limited into the parent company to reduce financial losses and enhance capital reserves.
Personal life
Robert Kibaara is married and has children.