Sidian Bank Appoints New Chairman as NSE Partners for Innovation Lab and NCBA Hits KSh 150Bn Valuation - October 2025

Former Cabinet Secretary for Health, James Macharia, has been appointed the new Chairman of Sidian Bank, succeeding James Mworia. In another development in Kenya's financial sector, the Nairobi Securities Exchange (NSE) has partnered with Hedera and Hashgraph to launch the NSE Innovation Lab. This initiative aims to modernize market infrastructure and promote financial inclusion in the country's capital markets. Concurrently, NCBA Group's market valuation has soared past KSh 150 billion to reach a record high. This surge is largely attributed to speculation regarding a potential acquisition by Stanbic Bank Kenya.

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Wednesday 2:10 PMCapital Business

Ex-Health CS James Macharia named Sidian Bank Chairman

Former Cabinet Secretary for Health, James Macharia, has been appointed the new Chairman of Sidian Bank, succeeding James Mworia, who will remain on the board. This appointment follows Macharia's extensive career in finance and public service.