Guaranty Trust Bank (Kenya) Limited (“the Bank”) is committed to the highest standards of ethical conduct in all its endeavors. As an ethical institution, the Bank has zero tolerance for bribery and corruption, and other forms of unethical practices among employees, between the Bank and its employees, and between the Bank and external parties.
All employees are expected to maintain the highest standards of ethical conduct and integrity in all aspects of their professional and private lives. This is in tandem with the Bank’s vision of creating role models for the society.
The Bank conducts its business in accordance with the highest standard of integrity, due diligence and professionalism and encourages all its employees to do likewise in their interaction with third parties, even in private interactions.
The Bank has put in place policies and procedures articulated in its Staff Handbook and Code of Professional Conduct to prevent corruption among staff, and within business units. These include specific provisions that prohibit acts that could put the individual employees and the Bank in a compromising position, or even remotely linked to corruption.
The Bank’s Orange Rules (Simplicity, Professionalism, Friendliness, Service, Excellence, Trustworthiness, Social responsibility and Innovation) form the bedrock of values on which each employee’s conduct is expected to be founded, with actions flowing from them. Two (2) of these Orange Rules, Professionalism and Trustworthiness, aptly capture the expectation of the Bank from all employees on issues relating to corruption and unethical practices.
The Bank’s abhorrence of corrupt and unethical practices is communicated through its values which are drilled into all employees through induction trainings, continuous awareness initiatives and as new issues emerge.
The Bank continues to sensitize all employees on the ills of corrupt practices, create awareness of possible pitfalls to avoid and ensure that its employees and related third parties comply with the laws governing anti-bribery and corruption practices.
The main legislation in Kenya relating to anti-bribery and corrupt practices is the Ethics and Anti-Corruption Commission Act, Cap.22, Laws of Kenya, 2011(“the Act”).
The Act makes general provisions prohibiting various acts of corrupt practices arising from interaction or transactions between public officers and the general public or private individuals.
The provisions of the Act are binding on the Bank, its employees, suppliers, representatives and Agents.
Employees are required to sign an Oath of Confidentiality upon employment by the Bank, and annually thereafter. Failure to comply with the confidentiality obligations herein will be regarded as serious misconduct and appropriate sanctions will be imposed.