Joshua Oigara named Stanbic Holdings CEO
Oigara succeeds Patrick Mweheire, who retired on February 28, 2026, and will continue to serve in a senior executive role within the Standard Bank Group, according to Company Secretary Nancy Kiruki. Kenya breaking news | Kenya news today |..
✨ Key Highlights
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.
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I&M Bank Secures Sh800m for Lending and Opens Nine Branches; Stanbic Holdings Appoints New CEO - February 2026
Stanbic Holdings Plc has announced the appointment of Joshua Oigara as its new Chief Executive Officer and Director, effective March 1, 2026. In other banking sector news, I&M Bank is set to significantly expand its presence in Kenya by opening nine new branches in 2026. This expansion is part of the bank's "Mahali Uko, Tuko" campaign aiming to deepen financial inclusion. Additionally, I&M Bank and Ecobank have provided Sh800 million in local debt to Mogo Kenya. This funding is earmarked for expanding lending to small and micro enterprises, especially in the boda boda and informal transport sectors.
