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Originally published by Techish Kenyatech
June 29, 2026
2h ago
I&M Bank Kenya Names Former Absa Boss Abdi Mohamed as New CEO
I&M Group has named former Absa boss Abdi Mohamed CEO of I&M Bank Kenya, pending Central Bank approval...
✨ Key Highlights
I&M Bank Kenya has appointed Abdi Mohamed, the current Chief Executive Officer of Absa Bank Kenya, as its new CEO, pending regulatory approval from the Central Bank of Kenya (CBK).
- Mohamed brings over 30 years of banking experience, most recently as CEO of larger rival Absa Bank Kenya.
- He will lead I&M Bank Kenya, a lender focusing on expansion and digital banking, with a profit before tax of KES 17.4 billion in 2025.
- His move from a larger competitor to a smaller, growing bank is seen as a significant development in the Kenyan banking sector.
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