Mr. Omar Gubo Ailia is a Senior Corporate Relationship Manager with one of leading local banks in Kenya, a dynamic and experienced Banking Professional with over 15 years banking experience across relationship management, risk management in domestic lending, corporate lending, structured project financing, Credit Administration, Operations, remedial and market risk management. I have been working in banking industry since 2009 rising through the rank to current position as a Senior Corporate Relationship Manager at African Banking Corporation Limited. Prior to joining banks, I was working as an accountant and administration officer in one of the busy construction firm. Academically, I am qualified for award of Masters of Science, Finance option at the University of Nairobi. I also hold undergraduate degree in B.Com finance option from KCA University and Advance Diploma in Accounting and Business (ACCA).
Abstract
The study aimed to find out how corporate governance contributes to changes in Kenyan commercial banks’ financial performance. The investigation time frame was a five-year term from 2014 to 2018. CBK database and financial statements published from 2014 to 2018 among selected banks were crucial information bases for the investigator while focusing on net profit, assets, deposits, liabilities, equity among other related information. Descriptive statistics and correlations of the factors were carried out. ANOVA and F-Statistic at a significance of 5% level was used in finding out regression model significance whereas adjusted R-square, was used to find out extent of variability in financial performance indicated by variables which were independent. Basing on findings, adjusted R square was 0.065 showing 6.5% of the effect of board size, board composition, liquidity and bank size on the financial performance was clarified by the model. The investigation presumed that corporate governance influences the financial performance of the commercial banks in Kenya. The investigation recommends for a similar study incorporating qualitative factors.
This will ensure both the qualitative and quantitative factors are considered in the analysis to ensure the results provide more Insights.
Research Supervisors
Mr. James Nga'nga
Lecturer, Department of Finance and Accounting, School of
Business, University of Nairobi.