BUSINESS

NCBA Marks Strong Growth in Asset Finance at Johari Awards Celebrations

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NCBA Group has concluded the 2025 Johari Awards with a grand finale in Nairobi, capping a nationwide celebration of excellence across Kenya’s Asset Finance, Insurance Premium Finance (IPF), and Bancassurance sectors.

The 19th edition of the Johari Awards began with regional mini-galas held in Mombasa, Western Kenya, Eldoret, the Mt. Kenya Region, and Thika, underscoring NCBA’s commitment to recognising performance at the grassroots and strengthening partnerships across the country. A total of 154 outstanding performers were honoured this year, including 75 regional winners and 79 national winners recognised at the Nairobi finale.

The awards ceremony came against the backdrop of NCBA’s robust financial performance for the third quarter of 2025. The Group posted a profit after tax of KSh 16.4 billion, reflecting an 8.5 percent year-on-year growth. Profit before tax rose by 11 percent to KSh 20.5 billion, while operating income increased by 13.8 percent to KSh 53.4 billion. NCBA’s non-banking subsidiaries, including Insurance, Leasing, Investment Banking, and Bancassurance, recorded a 48 percent increase in their contribution to profit before tax, highlighting the strength of the Group’s diversified business model.

Speaking during the gala, NCBA Kenya Managing Director James Gossip said the Johari Awards continue to demonstrate the power of partnerships in driving business growth.

“The Johari Awards showcase the resilience, ambition, and collaboration that define our ecosystem. Every winner reflects the strength of our dealers, brokers, agents, intermediaries, and teams who fuel our leadership in Asset Finance and Insurance. Our strong Q3 performance affirms that when we grow together, we go further together,” said Gossip.

This year’s awards recognised excellence across multiple regional and national categories. In the New Market Best Brands (Dealership Volume) category, Isuzu East Africa Limited emerged as the overall winner, followed by Sinotruk Kenya Ltd as first runner-up and CFAO Mobility Kenya Limited as second runner-up.

In the Pre-Owned Market Dealership Value category, Carsoko Limited took top honours, with Avix Motors Ltd – Rashid as first runner-up and Cratos Automobile Ltd as second runner-up. Windsor Automobiles Limited clinched the top spot in the Pre-Owned Market Dealership Volume category, ahead of Waleed Motor Ltd – Mary Mugure and Yahya Car Sales (K) Ltd – Ushamdeen.

Under the Gold Category for Insurance Brokers, Liaison Group (Insurance Brokers) Limited emerged as the overall winner after booking over KSh 50 million in IPF business, followed by Shashi Insurance Brokers Limited and ETG Insurance Broker Limited. Jubilee Health Insurance Limited topped the Insurance Companies Top IPF Contributors category, with APA Insurance Company Limited and Old Mutual Insurance Company Limited taking second and third positions respectively.

In the individual Asset Finance category, Patrick Wangombe of Ryce East Africa Limited was crowned the overall top sales winner, earning a fully paid trip for two to Malaysia. Charity Njoki Asembo of Printan Ltd took first runner-up with a trip to Dubai, while Lucy Minoo Mbilo of Buffalo TBS secured second runner-up with a Zanzibar getaway.

In the IPF Individual Agents Linked to an Underwriter category, Rosemary Manyara emerged as the overall winner with a four-night trip to Diani, followed by Rose Papa as first runner-up and Florence Wamaitha Mwaura as second runner-up.

NCBA said the awards reflect the diversity and strength of its partner network, spanning individual performers, dealership champions, and leading insurance institutions. The incentives and recognitions underscore the Group’s continued investment in rewarding excellence and driving performance.

Now in its nineteenth year, the Johari Awards remain one of Kenya’s most prestigious platforms for recognising excellence in Asset Finance and Insurance Premium Financing. NCBA reaffirmed its commitment to empowering its partners and customers as it continues to expand its footprint across the financial services sector.

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