Former Kenya Commercial Bank (KCB) Managing Director Joshua Oigara has been appointed as Chief Executive Officer for Stanbic Bank Kenya and South Sudan.
His appointment takes effect from December 1, 2022.
Oigara left KCB after serving for nine years.
He had spearheaded the company to greater heights during his time with the institution. He had seen the bank grow its revenues substantially, and his role in building partnerships with other companies, including Safaricom had also allowed the bank to expand its offerings, including products such as KCB M-PESA, and its stake in overdraft Fuliza alongside NCBA.
Oigara will report directly to Standard Bank East Africa Regional CEO, Patrick Mweheire.
Stanbic bank is a member of the Standard Bank Group.
Oigara’s appointment follows the exit of the current MD Charles Mudiwa who retires later this year.
Mudiwa plans to retire after a long and illustrious career at the bank spanning more than two decades.
The bank said in a statement on Tuesday that the retirement will take effect on December 31.
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