Mutiga appointed CEO of Stanbic Bank Kenya

Stanbic Bank Kenya has appointed Michael Mutiga as its new Chief Executive Officer following approval from the Central Bank of Kenya. Mutiga succeeds Abraham Ongenge, who had been acting in the position since March 2026. The appointment of Joshua Oigara as Chief Executive and Director of Stanbic Holdings Plc preceded Mutiga's promotion. The Central Bank of Kenya officially approved Mutiga's appointment on September 11, 2026.

Mutiga, a seasoned lawyer and banker, will lead the lender into its next phase of growth as the bank aims to bolster its first-half 2026 performance. Before joining Stanbic Bank Kenya, Mutiga served as Chief Business Development and Strategy Officer at Safaricom PLC and held senior positions at Citibank and Absa across Sub-Saharan Africa.

Joe Muganda, Chairman of the Board, described Mutiga as a respected leader with extensive experience in banking and finance, both in Kenya and across the region. He highlighted Mutiga's unique combination of investment banking expertise and strategic leadership in the telecommunications sector, which positions him well to guide Stanbic Bank Kenya into the future.

Muganda expressed confidence that Mutiga will build on the bank's current momentum to drive sustainable growth, improve customer experience, and deliver value to shareholders.

In accepting his appointment, Mutiga pledged to deepen customer relationships, accelerate the bank's digital transformation, and partner with key sectors of the economy to contribute to Kenya's sustainable development. He emphasized that it is a formidable institution with a rich history in the country and a strong foundation for future growth.

The recent performance of the bank is a testament to the talented team and their commitment to clients. Abraham Ongenge will now return to his substantive role as Head of Personal and Private Banking at Stanbic Bank Kenya.