Stanbic Holdings Plc has appointed Joshua Oigara as its new chief executive and director, marking his return to the helm of a listed banking group nearly four years after leaving KCB Group.
In a statement released by the company, the appointment takes effect on March 1, 2026, and is subject to regulatory approval. He replaces Patrick Mweheire, who retires on February 28 after serving six years in the role.
“The board is pleased to announce the appointment of Joshua Oigara as chief executive and director of Stanbic Holdings Plc, effective March 1, 2026. This appointment is subject to requisite regulatory approvals,” the company said.
Oigara will head the holding company that oversees Stanbic’s banking, investment and insurance businesses in Kenya and South Sudan.
He joined Stanbic Bank Kenya in late 2022 as chief executive after ending a nine-year tenure at KCB Group, where he served from January 2013 to 2022. He exited KCB after completing the maximum term allowed under its governance framework.
In August 2025, he was elevated to oversee Standard Bank Group operations across East Africa. In that regional role, he supervised Stanbic’s businesses in Kenya, Uganda, Tanzania, Malawi, South Sudan and Ethiopia, and also oversaw the group’s investment banking arm, SBG Securities.
Oigara holds a Master of Business Administration in International Business Management from Edith Cowan University and a Bachelor of Commerce degree from the University of Nairobi.
Rebecca Mbithi
In a separate development, Ecobank Kenya appointed Rebecca Mbithi as managing director effective February 9, 2026. She replaces Josephine Anan-Ankomah, who will now focus on her regional responsibilities.
“We are pleased to announce the appointment of Ms Rebecca Mbithi as Managing Director, Ecobank Kenya, effective 9th February 2026, subject to regulatory approval by the Central Bank of Kenya (CBK),” Ecobank said in a statement.
Mbithi previously served as chief executive officer of Family Bank for five years before leaving in November 2023. She holds an MBA from United States International University – Africa, a Global Chief Executive Officer programme certificate from Strathmore University and a Bachelor of Laws degree from the University of Nairobi.
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