Joshua Oigara appointed CEO of Stanbic Bank Kenya, South Sudan
Former Kenya Commercial Bank (KCB) boss Joshua Oigara has been appointed as the new chief executive officer of Stanbic Bank Kenya and South Sudan.
The appointment follows the planned retirement of the current managing director Charles Mudiwa, who is planning to leave his role at the end of the year.
Mudiwa announced his retirement on Tuesday, having served the lender for over 20 years.
"I am indeed humbled to have served at Standard Bank Group over the last 20 years, playing a pivotal role as a change agent. I am confident that the group will continue to scale new heights. I would like to express my appreciation to all my colleagues, the wonderful people that I now call my family, many of whom have shaped my journey as Chief Executive and leader," Mudiwa said.
Read: KCB appoints new CEO as Joshua Oigara exits
Oigara will report directly to Standard Bank East Africa Regional CEO, Patrick Mweheire.
Joshua Oigara as KCB boss
Oigara served as the KCB CEO between January 2013 and May 25, 2022, steering the lender to become one of the biggest lenders in the region in terms of asset base and customer base.
Currently, KCB has over 26.8 million accounts and 4,900 employees in 222 branches across the region, with Kenya leading in the number of branches with 178 branches, 20 in South Sudan, Tanzania 12, Uganda 14, Rwanda 11, and Burundi with one.
Oigara holds a Bachelor’s degree in Business Administration and a Master’s degree in Business Administration in Strategic Management and Investments from Edith Cowan University in Australia.
