KDIC CEO Champions Financial Inclusion and Empowerment at Kakamega Investment Conference

The Kenya Deposit Insurance Corporation (KDIC) Chief Executive Officer Mrs. Hellen Chepkwony has passionately appealed for financial inclusion and empowerment of local communities in the country. Addressing delegates at the first Kakamega International Investment Conference, Chepkwony underscored the imperative of protecting depositors' interests and fortifying the nation's financial system.

At the heart of her presentation was a call to depositors in collapsed institutions to reach out to KDIC for prompt reimbursement of their insured deposits. With conviction, she outlined KDIC's steadfast commitment to deposit insurance and the expeditious resolution of banking crises, reassuring stakeholders of the Corporation's unwavering support.

She further explained KDIC's collaborative initiatives with stakeholders, underscoring a unified approach toward bolstering Kenya's financial sector.

Away from the Conference, CEO Chepkwony’s outreach efforts extended to grassroots communities in marking this year’s Global Money Week (GMW). Engaging with boda boda riders in Kakamega, she championed financial literacy, urging them to embrace conventional banking practices. As a testament to KDIC's holistic approach to public welfare, she distributed branded reflector jackets, prioritizing financial and road safety.

The Corporation’s advocacy reflects its overarching commitment to fostering financial inclusion, stability, and community welfare in the country.

The theme of the GMW 2024 is, “Protect your money, secure your future”. It focuses on safe money management and highlights the importance of adopting a responsible and informed approach to personal finances, by being aware of potential risks in the financial sector and protecting one's hard-earned money.