Absa Bank Kenya PLC has appointed Senior Counsel Mohammed Nyaoga as the new Chairman of its Board of Directors. His appointment takes effect on October 1, 2025.
Nyaoga will succeed Charles Muchene, who steps down on September 30, 2025, after serving the bank for nine years.
Tribute to Charles Muchene
The bank praised Mr. Muchene for his dedicated service. It described his leadership as one of foresight, stability, and purpose.
In his farewell remarks, Mr. Muchene congratulated his successor. He also reflected on the progress achieved during his tenure.
“It has been a privilege for me to lead the Bank through a period of change, growth and resilience. Together, we achieved significant progress in our strategic ambitions and pursued our purpose of empowering Africa’s tomorrow, one story at a time,” said Muchene.
Nyaoga’s Vast Experience
Mr. Nyaoga is a respected corporate governance expert with more than 40 years of legal practice.
His career highlights include:
- Former Chairman of the Central Bank of Kenya (CBK)
- Former Chairman of Ecobank Kenya
- Member of the IMF External Experts Panel in Washington
- Current Chairman of the African Development Bank Group’s Disclosure and Access to Information Appeals Panel
In addition, he holds the Presidential honor of the Elder of the Order of the Burning Spear (EBS).
Looking Ahead
Mr. Nyaoga expressed gratitude for his appointment. He pledged to build on the foundation laid by his predecessor.
With his strong background in governance and finance, Absa Bank Kenya expects his leadership to drive growth, innovation, and stability in the years ahead.
