Categories: Business

Stanbic Bank Kenya Names Joshua Oigara as New CEO

Stanbic Bank Kenya has appointed Joshua Oigara as its next Chief Executive Officer. He will take over from Patrick Mweheire, who is set to retire at the end of February 2026.

The bank said Mweheire will step down as CEO and director on February 28, 2026. Oigara will assume the role from March 1, subject to regulatory approvals. The leadership change strengthens Standard Bank Group’s control and coordination of its operations in East Africa.

Oigara currently serves as Standard Bank’s Regional CEO for East Africa. In his new role, he will combine the Kenya CEO position with his regional duties, which cover Kenya, Uganda, Tanzania, Malawi, South Sudan, and Ethiopia.

Mweheire will remain within the group in a senior executive role, ensuring continuity during the transition.

The appointment comes as Stanbic prepares to release its full-year 2025 financial results next month. The leadership change also takes place as part of wider succession planning at the parent company, where Group CEO Simpiwe Tshabalala is expected to step down at the end of 2027.

Branislav Opudo

Recent Posts

KCB And Inchcape Kenya To Mechanize The Agricultural Sector

KCB Bank Kenya and Inchcape Kenya have launched a strategic partnership providing up to 95%…

3 hours ago

How to Experience Authentic Kilifi A Stay at Marina Camp Site

Kilifi’s Quiet CoastlineKenya’s coast is famous for Diani and Watamu, but Kilifi Creek offers something…

3 hours ago

Two Dead and 17 Injured as Massive Fire Ravages Nairobi’s Gikomba Market

A devastating pre-dawn fire swept through Nairobi’s Gikomba Market on Sunday, killing two people, injuring…

3 hours ago

Lobby Groups Reveal 49 Kenyans Killed By Police Officers Since January

A joint investigative report compiled by local human rights defenders reveals that police officers shot…

3 hours ago

Spiro Strengthens Expansion Plans with Fresh $55 Million Investment

Spiro has secured additional funding to accelerate its growth across Africa. The new investment pushes…

4 hours ago

Irungu Kang’ata:Why Kenya’s Future Depends On Working Smarter,Not Just Harder

Kenya’s economic growth and future stability rely on transitioning from mere physical exertion to strategic…

21 hours ago