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.