Absa Bank Kenya Managing Director Jeremy Awori at a past event.
Absa Bank Kenya Managing Director Jeremy Awori at a past event. [Photo/ Courtesy]

Absa Bank Kenya PLC’s Jeremy Awori is set to step down as CEO & Managing Director of the company on October 31, 2022.

The Board of Absa Bank Kenya PLC announced that after nearly 10 years of service, Awori has decided to pursue a career opportunity outside the Absa Group.

“Jeremy has been instrumental in driving significant growth and transformation of our business over the past decade and under his outstanding leadership, Absa Bank Kenya PLC has evolved into a modern-day business that all our stakeholders can be proud of,” Mr Charles Muchene, Chairman of the Board, Absa Bank Kenya PLC said.

The Board has initiated the process of identifying a suitable successor and will announce the new CEO once the process is completed, subject to regulatory approval.

“I am honoured to have led Absa Kenya in making a difference in our society while achieving significant commercial milestones over the past decade. I am confident that Absa Kenya will scale greater heights going into the future. I thank the Board of Absa Kenya PLC and Absa Group for the opportunity and pay special tribute to Absa Kenya staff and customers for the honour to serve,”  Awori said.

Read: Absa Records 13% Growth Half-year Profit To Ksh6.3B

>>> Absa Bank To Invest Ksh2 Billion In Digital Upgrade

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