KenGen Trims Board by a Third in Governance Overhaul
KenGen has become the first state-owned enterprise to restructure its board under Kenya's Government Owned Enterprises Act 2025, cutting directors from 14 to 9 and triggering the exit of three independent non-executive directors, including Board Chairman Hon. Alfred Agoi Masadia. Shareholders approved the changes at an EGM on 12th February 2026, introducing a Class A and B share structure that ring-fences minority investor voting on independent director elections. The reconstituted board must elect its own chairperson from among independent directors, ending the era of government-appointed chairs
Kenya Airways Overhauls Board as Search for New CEO Intensifies
Kenya Airways appointed Kiprono Kittony as chairman as economist David Ndii, corporate strategist Chris Diaz and finance scholar Winnie Nyamute join the airline’s board in a leadership overhaul. The appointments come as the loss-making carrier advances its turnaround strategy and searches for a strategic investor following a profit warning, aircraft groundings and the exit of former CEO Allan Kilavuka.BAT Kenya MD and CFO Exit After Record KSh 70/share Dividend
British American Tobacco Kenya has announced a leadership transition days after declaring a record KSh 70 per share dividend for 2025. Managing Director Crispin Achola will exit in June 2026, while Finance Director Philemon Kipkemoi steps down in March. The board has appointed internal executives Sidney Wafula and Catherine Chepkong’a as successors, signalling continuity amid illicit trade pressure and stable earnings.APA Insurance's Parent Company Taps EABL CFO Risper Ohaga to Lead Next Growth Phase
Financial services conglomerate APA Apollo, the parent company of APA Insurance, has appointed Risper Ohaga to succeed Ashok Shah, who has led the company for fifty years, as CEO
StanChart Kenya Names Gladys Warirah as CFO
Standard Chartered Bank Kenya has appointed Gladys Warirah as Chief Financial Officer, replacing Chemutai Murgor who will exit on 31 May 2026 after more than 25 years at the bank. The transition comes ahead of FY 2025 results due on 18 March, after the lender warned that net profit for the year would fall by at least 25 percent, largely due to pension settlement costs.Inside the Race to Succeed Faith Odhiambo as LSK President
Whatever the outcome, the debate has made one thing clear: the advocates of Kenya are not short of opinions about what their society should stand for.
Ecobank Taps Former Family Bank CEO Rebecca Mbithi as Kenya MD
Ecobank Kenya has appointed Rebecca Mbithi, who served as Family Bank CEO from 2019 until December 2023, as Managing Director.President Ruto Reappoints CMA Chair Ugass Mohamed
Capital Markets Authority leadership has been renewed after President William Ruto and Treasury CS John Mbadi reappointed the chairperson and five board members for fresh three-year terms effective February 24, 2026. Ugass Mohamed retains the non-executive chair role, alongside Natasha Aduwo, Elena Pellegrini, Meshack Kiprono, Gibson Maina, and Prof. Michael Bowen, extending board continuity as the CMA steps up licensing and market development activity.Stanbic Holdings Taps Joshua Oigara as CEO, Mweheire Moves to Group Role
Stanbic Holdings Plc has named Joshua Oigara as its next chief executive, replacing Patrick Mweheire who will retire at the end of February,M-PESA Africa Chief Sitoyo Lopokoiyit Joins Absa Group
Absa Group has appointed Sitoyo Lopokoiyit, the outgoing Managing Director of M-PESA Africa, as Chief Executive of its Personal and Private Banking division.Yogupay Appoints Kevin Ng'ang'a as Chief Commercial Officer
YoguPay has appointed Kevin Kigima Ng’ang’a as Chief Commercial Officer to drive its commercial strategy and scale its cross-border payments infrastructure.Kariuki Ngari Set to Retire as StanChart CEO, Birju Sanghrajka to Take Over
Standard Chartered Bank Kenya has appointed Birju Sanghrajka as Managing Director and Chief Executive Officer, subject to approvals, ahead of the retirement of Kariuki Ngari in April 2026. Ngari exits after a 24-year career at the group, having led the Kenyan unit since 2019 and also held an Africa regional chief executive role. During his tenure, profit more than doubled, dividends rose sharply, and the bank shifted toward higher-quality earnings and digital-led growth at Standard Chartered Bank Kenya Limited.
