Stanbic Holdings Plc has announced the appointment of Joshua Oigara as its new Chief Executive Officer and Director, effective March 1, 2026. He will succeed Patrick Mweheire, who retired on February 28, 2026.

• Oigara currently serves as Standard Bank’s Regional Chief Executive for East Africa and will assume the Stanbic Holdings role while retaining his regional responsibilities.
• He previously served as KCB Group CEO.
• Stanbic Bank Kenya reported a net profit of Sh9.7 billion in the nine months to September last year, a 38.2 percent decline, attributed to a Sh2.7 billion pension settlement.

I&M Bank is set to significantly expand its presence in Kenya by opening nine new branches in 2026. This move is part of the bank's "Mahali Uko, Tuko" campaign, aiming to deepen financial inclusion and target high-growth areas.

• The nine new branches will be located in Ngong Town, Kitengela, Nyahururu, Kitui, Homa Bay, Migori, Wote, Our Mall–Magadi Road, and Utawala.
• Regional CEO Kihara Maina stated these branches will act as community hubs, offering various financial services and literacy programs.
• This expansion follows the opening of 11 branches in 2025, increasing I&M Bank's network to 65 outlets across 27 counties, moving towards a goal of 80 branches by the end of 2026.

Mogo Kenya has secured Sh800 million in local debt from I&M Bank and Ecobank, earmarked for expanding lending to small and micro enterprises, especially in the boda boda and informal transport sectors. This funding, alongside a new bond programme, aims to deepen credit access for entrepreneurs relying on productive assets.

• Most important fact or figure: Mogo Kenya secured Sh800 million from I&M Bank and Ecobank, and launched a bond programme targeting Sh1.5 billion from investors.
• Key person or organization involved: Mogo Kenya, I&M Bank, Ecobank, and Dry Associates Investment Bank.
• Notable detail that adds context: Mogo's funding mix now shifts to 60 percent local and 40 percent international sources, with over 80 percent of liabilities denominated in Kenyan shillings to lower foreign exchange exposure.