Latest stories tagged “Absa Bank”
Absa Bank Kenya and Unilever Kenya have entered into a KSh 4 billion financing agreement aimed at improving access to working capital for distributors and retailers. This initiative is intended to enhance Kenya's consumer goods value chain and support the growth of small and medium-sized enterprises (SMEs).
Absa Bank Kenya PLC has appointed Diana Mwaniki as its Acting Chief Financial Officer (CFO), effective July 1, 2026, to ensure leadership continuity following recent executive changes. This appointment is subject to regulatory approval and follows the naming of former CFO Yusuf Omari as Interim Managing Director.
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.
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.
Absa Bank Kenya Plc has partnered with Google Hustle Academy to offer business training and financial support to small and medium-sized enterprises (SMEs) in Kenya over the next year. The initiative aims to reach and impact 3,000 SMEs and has already launched three cohort training sessions.
Absa Bank Kenya and Unilever Kenya have entered into a KSh 4 billion financing agreement aimed at improving access to working capital for distributors and retailers. This initiative is intended to enhance Kenya's consumer goods value chain and support the growth of small and medium-sized enterprises (SMEs).
Absa Bank Kenya PLC has appointed Diana Mwaniki as its Acting Chief Financial Officer (CFO), effective July 1, 2026, to ensure leadership continuity following recent executive changes. This appointment is subject to regulatory approval and follows the naming of former CFO Yusuf Omari as Interim Managing Director.
Absa Bank Kenya Plc has partnered with Google Hustle Academy to offer business training and financial support to small and medium-sized enterprises (SMEs) in Kenya over the next year. The initiative aims to reach and impact 3,000 SMEs and has already launched three cohort training sessions.