About Co-op Bank South Sudan

Bringing about economic empowerment to the people of South Sudan through the establishment and growth of a strong co-operative movement in every sector of the economy.

Background

The Co-operative Bank South Sudan Limited is a commercial Bank whose aim is to bring about economic empowerment to the people of South Sudan through the establishment and growth of a strong Co-operative movement in every sector of the economy. The bank offers innovative conventional banking services to Co-operatives, SMEs, Microfinance, International Organizations, Institutions, Corporates, Individuals, Government Ministries and Quasi Government Agencies, private and public sector customers with full range of banking services for positive impact of the economy.

Co-operative Bank of South Sudan (COBSS) has been established as a strategic joint venture between the Government of the Republic of South Sudan (RSS) on behalf of the co-operative movement in South Sudan and Co-operative Bank of Kenya (COPK).

History

Co-operative Bank of South Sudan is a member of the Co-operative Bank of Kenya Group, headquartered in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. As of December 2013, the Group’s asset base exceeded US$2.6 billion (KES:231.2 billion), with shareholders’ equity in excess of US$414 million (KES:36.8 billion). The shares of stock of the Cooperative Bank Group are listed on the Nairobi Stock Exchange, where it trades under the symbol: COOP. Members of the Cooperative Bank Group include the following companies:

  • Kingdom Securities Limited – Nairobi, Kenya – 60% shareholding
  • Co-opTrust Investment Services Limited – Nairobi, Kenya – 100% shareholding
  • Co-operative Consultancy Services Kenya Limited – 100% shareholding
  • CIC Insurance Company Limited – 25% shareholding
  • Cooperative Bank of South Sudan – Juba, South Sudan – 51% shareholding

The Bank’s Vision

To be the leading and dominant South Sudanese Bank with a strong countrywide presence, playing a central role in the Co-operative movement and providing relevant and innovative financial services to our customers for the optimum benefit of all our stakeholders

The Bank’s Mission

To offer value-added financial services to our chosen market segments with special emphasis on the co-operative movement through a highly effective network of service points, excellent customer service and a highly motivated team of qualified personnel

Core Values

  • We are proud to be Co­-operative Bank
  • We value our customers
  • We execute at speed
  • We grow our people
  • We employ best practice
  • We value the Bank’s reputation

Cooperative Bank of South Sudan Stock Ownership

The detailed ownership of Cooperative Bank of South Sudan is depicted in the table below

Pie-chart

Rank Name of Owner Percentage Ownership
1 Cooperative Bank of Kenya 51.0
2 Government of South Sudan 49.0
Total 100.0

Board of Directors


Dr Gideon Muriuki

Group Managing Director & CEO

Read More

Dr. Muriuki was appointed Managing Director in 2001 and has presided over the Bank’s turnaround from a massive loss position of Ksh 2.3 billion in the year 2000, to a profit before tax of Ksh 16.4 billion in 2017. He joined the Bank in 1996 as a Senior Corporate Manager then became Director, Corporate and Institutional Banking in 1999 before his appointment as Managing Director in 2001 with a clear mandate to steer the Bank into profitable trading. He holds a Bachelor of Science degree in Mathematics, is a Fellow of the Kenya Institute of Bankers and was awarded an Honorary Doctorate in Business Management in year 2011. He has over 29 years’ experience in banking and finance and he was voted CEO of the Year Africa 2014 by the International Banker. He is a Director of Kingdom Securities Limited, Vice-President Africa – International Co-operative Banking Alliance (ICBA), former Chairman, Governing Council of the Africa International University and former Chairman, African Rural and Agricultural Credit Association (AFRACA). He was decorated in 2005 with the award of Order of the Grand Warrior (OGW), in 2011 with the award of the Moran of the Order of the Burning Spear (MBS) and in 2017 with Chief of the Order of the Burning Spear First Class (CBS) in recognition of his successful turnaround of the Bank and exemplary service to the nation. He is also a recipient of a decoration of Chevalier de L’orde National du Burkina Faso by the President of Burkina Faso in recognition of his outstanding contribution to development of rural finance in Africa, 2016 Lion of Judah Award by Evangelical Alliance of Kenya and Mtumishi Bora Grand Award – 2016 by the Kenya Christian Professionals Forum for his great servant leadership as a committed Christian leader in the market place.


William Mayar Wol

Chairman

Read More

He is a South Sudanese citizen by birth and holds a Higher Diploma in Agriculture Economics from Agriculture College Sudan University of Science and Technology, a Bachelor of Science Degree from Agriculture Engineering College, University of Alexandria – Egypt. He has served in various capacities including acting Head Government Banking in Co-operative Bank South Sudan, Field Officer Ministry of Agriculture in Sudan, development and formation of Co-operatives in South Sudan's various states among others.


Zachary Chianda

Managing Director

Read More


Prof. Mathew Gordon Udo

Director

Read More

He was appointed a director of Co-operative Bank of South Sudan on 23rd August 2012. He is a South Sudanese citizen by birth and is currently Under Secretary in the Ministry of Agriculture, Forestry, Co-operatives and Rural Development in charge of Administrative Affairs, Planning
and Forestry Development. He has a strong base and wide knowledge in different fields of agriculture and natural resource management and has served in various capacities in both the academic field and civil service in South Sudan spanning a period of over 30 years. He holds a MSc. (Agric) Animal Production from the Sokoine University of Agriculture Morogoro Tanzania and a B.A. SA (Hons) Agriculture (Animal Production) from Gezira University of Agriculture wad Medani Sudan. He was appointed Professor of Animal Genetics and Animal Breeding – CNRES University of Juba – a position he continues to hold.


Mr Wani Buyu Dyori

Director

Read More

He was appointed a Director in Co-operative Bank of South Sudan on 23rd August 2012. He is a South Sudanese citizen and is currently Under Secretary at the Ministry of Finance and Planning Juba. He is a seasoned finance and planning technocrat with decorated service on financial matters in South Sudan.

Board of Directors – Subsidiaries


William Mayar Wol

Chairman

Read More

He is a South Sudanese citizen by birth and holds a Higher Diploma in Agriculture Economics from Agriculture College Sudan University of Science and Technology, a Bachelor of Science Degree from Agriculture Engineering College, University of Alexandria – Egypt. He has served in various capacities including acting Head Government Banking in Co-operative Bank South Sudan, Field Officer Ministry of Agriculture in Sudan, development and formation of Co-operatives in South Sudan's various states among others.


Elijah Wamalwa

Managing Director

Read More

He has 19 years’ banking experience and is one of the pioneers of Co-operative Bank of South Sudan where he worked from 2013 as Head of Credit & Risk Management, in 201 5 as Head of Retail and Operations before being appointed Managing Director in 2017. He has served in various other capacities at the Co-operative Bank of Kenya as a Portfolio Manager, Head of Credit Administration and later as Head of Credit – Core Banking Implementation Team. He holds a Master Of Science Degree in Governance attained at International Leadership University (Kenya) and a Bachelor of Arts Degree from Egerton University (Kenya). He has additional qualifications in accounting and project management.


Prof. Mathew Gordon Udo

Director

Read More

He was appointed a director of Co-operative Bank of South Sudan on 23rd August 2012. He is a South Sudanese citizen by birth and is currently Under Secretary in the Ministry of Agriculture, Forestry, Co-operatives and Rural Development in charge of Administrative Affairs, Planning
and Forestry Development. He has a strong base and wide knowledge in different fields of agriculture and natural resource management and has served in various capacities in both the academic field and civil service in South Sudan spanning a period of over 30 years. He holds a MSc. (Agric) Animal Production from the Sokoine University of Agriculture Morogoro Tanzania and a B.A. SA (Hons) Agriculture (Animal Production) from Gezira University of Agriculture wad Medani Sudan. He was appointed Professor of Animal Genetics and Animal Breeding – CNRES University of Juba – a position he continues to hold.


Hon. Wani Buyu Dyori

Director

Read More

He was appointed a Director in Co-operative Bank of South Sudan on 23rd August 2012. He is a South Sudanese citizen and is currently Under Secretary at the Ministry of Finance and Planning Juba. He is a seasoned finance and planning technocrat with decorated service on financial matters in South Sudan.


Rosemary M. Githiga, (Mrs)

Director

Read More

She has over 27 years’ experience as a lawyer having worked in Co-operative Bank since 1996 to March 2017 and previously Hamilton Harrison & Mathews Advocates. As the Company Secretary of the Co-op Bank Group, she had the responsibility of overall provision of legal counsel and company secretarial services, fraud prevention and investigations as well as Trust Secretary for the Co-operative Bank Foundation, the corporate social responsibility vehicle of the bank. She is an Advocate of the High Court of Kenya, a member of the Institute of Certified
Public Secretaries CPS (K) and an Associate Member of the Chartered Institute of Arbitrators. She is also a Director of CIC Insurance Group Limited.

Banking services tailored to bring about economic empowerment to the people of South Sudan