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.
A dormitory at Sameta Boys High School in Kisii County caught fire on Monday afternoon,…
Heineken has secured temporary relief in its long-running dispute with businessman Ngugi Kiuna after the…
I&M Group PLC has significantly strengthened its hold on its Tanzanian banking business after increasing…
Kenya has not recorded any confirmed Ebola cases, Health Principal Secretary Mary Muthoni has announced,…
Detectives investigating the deadly fire at Utumishi Girls Academy in Gilgil have arrested eight students…
The Kenya Power and Lighting Company (KPLC) reliance on multimillion-shilling diesel tenders to power its…