UMB Bank Appoints Kevin Cain As Director Of Consumer And Business Banking

UMB Bank has announce the appointment of Mr. Kevin Cain, a seasoned banker and small and medium enterprise (SME) development expert as its Director of Consumer and Business Banking.

Mr. Cain will be responsible for the strategic direction and growth of the Personal Banking, Private Banking and Business Banking arms of the bank. He will also drive the expansion of the bank’s transaction and electronic banking channels. UMB Bank is currently securing the necessary regulatory approvals to confirm Mr. Cain’s appointment.

Mr. Cain has over 30 years of international consulting, banking and general management experience in over fifteen countries and has an enviable track record of executing successful SME and commercial banking initiatives.

Speaking on the appointment, the Chief Executive Officer of UMB Bank, Mr. John Awuah, stated that retail banking is a key pillar in the bank’s five year transformation strategy and that Mr. Cain’s depth of experience and exposure is an important addition to the UMB team.

“Kevin is a consummate banking professional with extensive experience in Europe, the Middle East and Africa and we are fortunate that he will be contributing his significant breadth and depth of skills, experience and talent to the UMB family.” Mr. Awuah added.

According to Mr. Awuah, Mr. Cain’s appointment is also a “strong indication of UMB’s intent to execute in accordance with international standards and benchmarks.”

He also noted that Mr. Cain “brings a global perspective that can be harnessed to enhance UMB’s execution and innovation plans.”

Prior to joining UMB Bank, Mr. Cain was a consultant for the East African Development Bank in Uganda. He also completed a 3 year International Finance Corporation (IFC) sponsored project in Kenya where he served as the Resident Advisor to Bank of Africa and assisted in developing their SME business in Kenya, Uganda and Tanzania.

Kevin was also a member of the IFC team that carried out the diagnostic review of Fidelity Bank and Keystone Bank in Lagos, Nigeria. He was also the Head of Wholesale Banking of Doha Bank in Qatar and he is credited with setting up the very successful SME unit within Doha Bank.

Commenting on his new role, Mr. Cain stated “I am very excited to be joining an outstanding financial institution such as UMB. I am also eager to work with the talented team at the Bank to support the growth ambitions of our clients, especially those in the SME sector.”

Universal Merchant Bank (UMB) is a full-service financial institution specializing in customized banking products and services. UMB opened on March 15, 1972 and is a leading Ghanaian indigenous bank with considerable financial expertise. UMB is recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. UMB currently has thirty one (31) branches, one (1) UMB Centre for Businesses and a vast network of ATMs.