G. Kennedy Thompson G. Kennedy Thompson G. Kennedy "Ken" Thompson (born November 25, 1950) is an American businessman who was previously chairman, president, and CEO of Wachovia Corporation, formerly First Union Corporation, from 2000 through 2008. First Union Corporation acquired Wachovia Corporation and changed its name to Wachovia in September 2001 after fending off a hostile takeover attempt by SunTrust Bank. Thompson succeeded Edward E. Crutchfield in 2000, who stepped down due to health reasons. Previous positions at First Union included vice chairman of the corporation and head of Global Capital Markets; president, First Union-Florida; senior vice president and head of First Union
Credit Bank billion), with shareholders' equity valued at US$13.96 million (KES:1.392 billion). At that time, the bank was ranked number 38, by assets, out of the 43 licensed commercial banks in Kenya. The bank was founded in 1986, as a non-bank financial institution (NBFI); Credit Kenya Limited. In 1995, the institution was awarded a commercial banking license and it rebranded to Credit Bank Limited. As at January 2016, the shares of stock of Credit Bank are privately owned by corporate and individual investors, including the following: In January 2016, Fountain Enterprises Programme Group (FEP) announced plans to acquire a controlling 75 per