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Originally published by The Kenyan Wall Street
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business
October 23, 2025
3d ago

Former CS James Macharia Named Sidian Bank Chair

Former CS James Macharia Named Sidian Bank Chair

Former CS James Macharia takes over as Sidian Bank Chairman from Dr. James Mworia after a decade of growth and ownership transition...

✨ Key Highlights

Former Cabinet Secretary James Macharia has been appointed Chairman of Sidian Bank, succeeding Dr. James Mworia. This appointment marks Macharia's return to the banking sector after serving over a decade in government.

  • Macharia brings over 30 years of banking experience, including eight years as CEO of NIC Bank.
  • The change follows a broader board reshuffle with new directors Paul Gachanja, Apollo Ong’ara, and Madhav Bhandari.
  • Centum Investment recently sold its 64% stake in Sidian Bank for KSh 3.2 billion, preceding this governance shift.

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