CIB Kenya has announced the appointment of Abhinav Nehra as its new Chief Executive Officer (CEO) and Managing Director.
- Nehra brings over 30 years of experience in the banking and payments sector, having worked across Africa, Asia, and other emerging markets.
- Nehra has held significant leadership positions at several prominent financial institutions, including CitiGroup, United Bank for Africa (UBA), Network International, and Ecobank Transnational.
Among his notable achievements, Nehra managed and restructured Ecobank Transnational’s retail and commercial banking portfolio, which operates in 34 African countries. He also played a key role in expanding UBA’s retail financial services from 2 to 16 markets. At Network International, he led the company’s operations in Francophone and East Africa, overseeing Africa’s largest “Payment as a Service” platform. Additionally, he built and scaled CitiFinancial India into one of CitiGroup’s most profitable consumer finance franchises.
Tom Gitogo, Chairman of the Board at CIB Kenya, expressed confidence in Nehra’s ability to lead the bank. “Abhinav Nehra has a proven track record of driving growth and innovation in the banking sector. His strategic vision aligns with our goals, and we believe he will guide CIB Kenya to new heights,” Gitogo said.
In his statement, Nehra expressed enthusiasm about his new role. “I am honored to join CIB Kenya and look forward to working with the team to drive growth and innovation. Our focus will be on delivering solutions that improve our clients’ financial experiences and contribute to financial inclusion in Kenya,” he said.
RELATED;
Egyptian lender CIB announces 100% acquisition of Mayfair Bank Kenya
CIB Group Roots for Equity Financing in Fight against Climate Change
