Absa Kenya Appoints Ex-CBK Chair Mohammed Nyaoga to Lead Board

Absa Bank Kenya PLC has appointed Mohammed Nyaoga as the new Chairman of its Board of Directors effective 1 October 2025.

• • He succeeds Charles Muchene, whose nine-year tenure as Director and Chairman ends on 30 September 2025.
• •Nyaoga is a Senior Counsel with over four decades of experience in corporate finance, civil and commercial litigation, and corporate governance.
• •He has previously served as Chairman of the Central Bank of Kenya (CBK), Ecobank Kenya, and the IMF External Experts Panel in Washington, who currently chairs the African Development Bank Group’s Disclosure and Access to Information Appeals Panel.

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Nyaoga is a certified director and corporate governance trainer who has trained boards in Kenya and globally, including at the University of Cambridge, Oxford, and the IMF regional forums. He is a Senior Partner at Mohammed Muigai LLP and been a key figure in various legal reform and corporate governance bodies.

Absa Bank credited outgoing Chair Muchene with steering the lender through defining moments that strengthened its resilience and supported growth.

Muchene said he was proud to have led the bank during a transformative period and expressed confidence that Absa is well positioned for the future under Nyaoga’s leadership.

Nyaoga said he is honoured by the appointment and looks forward to advancing Absa’s strategic priorities, adding that the financial landscape is rapidly evolving and requires strong governance and focus on delivering sustainable value to customers, shareholders, and communities.