By M, KNA
Absa Bank Kenya PLC has appointed Mohammed Nyaoga, as the Chairman of its Board of Directors, effective 1st October 2025.
Nyaoga succeeds Charles Muchene, whose tenure as a Director and Chairman of the Board will end on 30th September 2025, having served his full nine-year term.
Nyaoga brings to the Board more than 40 years of distinguished experience in legal practice as a respected Senior Counsel, specializing in Corporate Finance, Civil, Commercial Litigation, and Corporate Governance.
Nyaoga also has extensive leadership experience gained from various senior positions across the public and private sectors, having served as the Chairman of the Central Bank of Kenya, Chairman of EcoBank Kenya, and Chairman of the International Monetary Fund (Washington) External Experts Panel.
He currently serves as the Chairman of the African Development Bank Group’s Disclosure and Access to Information Appeals Panel and was bestowed the prestigious Presidential Award of the Elder of the Order of the Burning Spear (EBS) for his distinguished service to the country.
Nyaoga is a certified director and corporate governance training consultant for over 22 years and has trained several boards in Kenya and globally.
He has been a regular trainer and speaker at Central Banking Publications (UK) Governance Training Series at Windsor, Cambridge, and Oxford, and for the International Monetary Fund (IMF) in their regional corporate governance capacity building training forums.
In a statement, Absa Kenya thanked the outgoing chairman for his commitment and visionary leadership through the last nine years.
During his tenure, Muchene steered the Bank through defining moments that have not only created strong business growth, but also enhanced organizational resilience, evolving Absa into a formidable financial institution that is well positioned for long-term sustainability.
His Chairmanship was marked by foresight, stability, and purpose, leaving an enduring imprint on the Absa Kenya story.
He however congratulated Nyaoga on his appointment as the Chairman of the Board, saying it was a privilege serving the bank at a period of change, growth and resilience, during which the bank realized significant progress
Nyaoga on the other hand thanked the Board for their trust and confidence, he had been awarded to steward the bank saying he was “looking forward to advancing the b bank’s strategic priorities and deliver sustainable value to its customers, colleagues, shareholders and the communities at large.”
