By Prince Dankwa
Kiko Davis is the only Black woman to own a bank in the United States as the majority owner and stockholder of First Independence Bank, located in Detroit and ranked among the top 10 largest Black-owned banks in the nation.
In an exclusive conversation, Davis discussed her unique viewpoint as a female African American leader and credited her success to her capacity to build a beneficial culture and actually connect with people. She clarified, “It’s a God-given talent that comes naturally.” “People tend to lend the very best of themselves when they feel leaders are passionate about them and their environment.”
Pioneers such as Shirley Chisholm, the first Black congresswoman and the first Black presidential contender from a major party in 1972, serve as motivation for Davis. Davis finds great resonance in Chisholm’s statement, “In the end, anti-Black, anti-female, and all forms of discrimination are equivalent to the same thing: anti-humanism.”
In response to a question on her secret to success, Davis stressed the value of taking calculated risks.
She said, “There can be no reward without risk.” “Your mistakes will bring invaluable knowledge that will ultimately become your strategy for winning.
“Kiko’s late husband, Donald Davis, was also a major influence on her path.
She created a foundation in his honour to carry on his legacy-building projects and efforts following his tragic death. Davis also credits rigorous exercise, a nutritious diet, prayer, and an optimistic outlook for her accomplishments. “A balanced lifestyle is crucial for fueling both the body and mind,” she stated.
Davis is a leader who is redefining what it means to be a successful leader in the banking business as the only Black woman bank owner in the country. Her narrative encourages aspirational business owners, especially women of colour, to follow their passions and overcome obstacles. Local community leader Jane Smith described Kiko Davis as “a shining example of what can be achieved through perseverance, resilience, and unwavering determination.”
“Her accomplishments are a testament to the power of representation and will undoubtedly pave the way for future generations.” Davis is making a lasting impression on the financial industry and beyond with her creative leadership and dedication to uplifting people. She is demonstrating that anything is achievable with perseverance and a clear goal.