Sidian Bank has appointed John Okulo as its new Managing Director and Chief Executive Officer, effective May 1, 2026. Okulo joins from KCB Bank Kenya, where he was the Director of Corporate Banking.

• Sidian Bank reported a 502 percent jump in net profit to Sh1.73 billion for the year ended December 31, 2025.
• John Okulo will replace Chege Thumbi, who is retiring on June 30, 2026, after a significant transformation of the lender.
• Thumbi's tenure saw the bank grow its trade finance portfolio, expand to fifty branches, and enhance digital banking and foreign exchange income streams, culminating in its elevation to a Tier II bank in September 2025.

KCB Bank Kenya has secured Sh12.5 billion from the Green Climate Fund (GCF) to support green projects for Micro, Small and Medium Enterprises (MSMEs) and farmers.

• The funding, a blended finance initiative, will support value-chain and gender-inclusive interventions including solar adoption, clean cooking, climate-smart agriculture, and waste management.
• Key organizations involved are KCB Bank Kenya and the Green Climate Fund (GCF).
• Approximately 60 percent of investments will focus on climate adaptation, with the remaining 40 percent dedicated to mitigation efforts.

KCB Bank Kenya has appointed Peter Kipkorir Ng’eno as its new Director of Corporate Banking, effective March 27, 2026. This appointment follows the departure of John Okulo and is subject to regulatory approval.

• Peter Kipkorir Ng’eno is the new Director of Corporate Banking at KCB Bank Kenya.
• Ng’eno brings over 20 years of banking experience and previously served as Executive Head of Client Coverage and Business Development.
• His responsibilities will include driving growth in the bank's corporate banking segment, leveraging the Group's scale and capabilities.