BUSINESS

Absa Kenya CEO And MD Jeremy Awori Exits

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

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

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
From left Mitesh Shah and Jagat Shah addressing the media
BUSINESSTECHNOLOGY

Mitsumi Invests US$2M in AI Cloud Platform For Kenyan Innovators

Mitsumi, a technology distributor, is investing US$2 million in artificial intelligence cloud...

Kenya Power Chairperson Joy Masinde test driving the new BYD Shark 6 Pick Up
BUSINESS

Kenya Power Earns KSh 382M e-Mobility Revenue

Kenya Power, the state-owned electricity distributor, has announced a record growth in...

CBK headquarters in Nairobi
BUSINESSMARKETSNEWSSTOCKS

CBK Raises KSh 36.6 Billion for Budget Spending in May

CBK (Central Bank of Kenya) accepted bids worth KSh 36.59, falling below...

East African Cables -Equity Bank
BUSINESSSTOCKS

East African Cables Plc Acquired by Cable Experts Limited

East African Cables has been acquired by Cable Experts Limited. In this...