Ex-Health CS James Macharia named Sidian Bank Chairman

NAIROBI, Kenya, Oct 21 - Former Health Cabinet Secretary James Macharia has been appointed the new Chairman of Sidian Bank, succeeding Centum Investments Kenya breaking news | Kenya news today |..

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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.

James Macharia previously served in various ministerial roles, including Cabinet Secretary for Health and Transport, Infrastructure, Housing, and Public Works.
He previously held the position of Group Managing Director at NIC Bank, leading its expansion.
Sidian Bank also announced the appointment of two new board members: Prof. Paul Gachanja and Apollo Ong’ara.

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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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