Absa Bank Kenya PLC has appointed Catherine Adeya as an Independent Non-Executive Director, effective June 25, 2026. The bank's Board of Directors announced that Dr. Adeya brings over 20 years of experience in governance, technology, and development, having worked in various sectors including academia and public institutions.

Abdi Mohamed, the long-serving Managing Director and CEO of Absa Bank Kenya, resigned on or around June 28, 2026, marking a significant change in the bank's leadership. His departure comes amid rising concerns about internal fraud within the organization, highlighting ongoing issues within the bank's boardroom dynamics, according to Kenya Insights.

I&M Group has appointed Abdi Mohamed, the former boss of Absa, as the new CEO of I&M Bank Kenya, subject to approval from the Central Bank.

Flora Mutahi, the former chairperson of the Kenya Private Sector Alliance (KEPSA), has been appointed to the board of Ecobank Kenya. She is noted for her historic role as the first woman to chair the Kenya Association of Manufacturers, where she advocated for private sector growth and industrial development.

Airtel Kenya has appointed Djibril Tobe as its new managing director, taking over from Ashish Malhotra, who is departing the company. The appointment reflects a leadership change within the organization as it continues to navigate the telecommunications market.

The Nairobi Securities Exchange (NSE) has appointed Tom Mulwa as its new chairman, succeeding Kiprono Kittony, who has stepped down after six years. Mulwa, a financial services executive, will lead the exchange as it implements reforms aimed at attracting more companies, expanding retail investing, and enhancing capital formation in Kenya.