Abdi Mohamed, the Chief Executive Officer of Absa Bank Kenya, will step down on 30 June 2026. The bank's Board has appointed Chief Financial Officer Yusuf Omari as the interim leader, pending regulatory approval.

• Abdi Mohamed served as CEO for three years and has been with Absa Group for three decades.
• Abdi Mohamed, Yusuf Omari, and Absa Bank Kenya are the key entities involved.
• The leadership change occurs as Absa Group seeks to increase its ownership in Absa Bank Kenya to 85% through a Sh31 billion share acquisition offer.