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Originally published by Capital Business
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business
June 29, 2026
3h ago

Absa Bank Kenya CEO Abdi Mohamed resigns

Absa Bank Kenya CEO Abdi Mohamed resigns

The bank has appointed Chief Financial Officer Yusuf Omari as acting Managing Director and Chief Executive Officer pending the appointment of a substantive successor...

✨ Key Highlights

Abdi Mohamed has resigned as Managing Director and Chief Executive Officer of Absa Bank Kenya after 32 years with the institution. The resignation is effective immediately, with the bank citing Mohamed's pursuit of other career opportunities.

  • Abdi Mohamed, MD & CEO of Absa Bank Kenya, has resigned.
  • Absa Bank Kenya appointed Chief Financial Officer Yusuf Omari as acting MD & CEO.
  • The bank reported a net profit of Sh22.9 billion for the year ended December 2025.

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