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.