The world’s largest bank, J.P. Morgan, has appointed Ex-Central Bank of Kenya (CBK) executive Sailepu Montet as its new Country Manager for Kenya. This comes as the bank, which has been serving clients in Sub-Saharan Africa (SSA) for over 90 years, continues to broaden its footprint in the region by establishing new representative offices in Nairobi and Abidjan.
- Sailepu Montet brings over two decades of banking experience from both the public and private sectors, particularly in financial markets.
- Prior to joining J.P. Morgan, Montet held the position of Deputy Director of Financial Markets and Head of Reserves Management at the Central Bank of Kenya.
- His experience also includes senior roles at Barclays Bank of Kenya and Absa Bank Kenya, where he served as Vice President and Head of Balance Sheet Management.
Subject to regulatory approval, he will assume the role of Chief Representative Officer for J.P. Morgan in Kenya.
J.P. Morgan’s expansion into Kenya is part of its broader strategy to tap into the continent’s promising growth opportunities, driven by rapid urbanization, infrastructure development, and abundant natural resources. “We eagerly anticipate this new phase of our partnership with the region,” said Olivier Eweck, Head of Public Sector Coverage for Africa at J.P. Morgan.
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