Absa Bank Kenya PLC has appointed Mr. Mohammed Nyaoga, EBS, SC, as Chairman of its Board of Directors, effective October 1, 2025. He takes over from Mr. Charles Muchene, whose nine-year tenure as Director and Board Chairman concludes on September 30, 2025.
Mr. Nyaoga, a Senior Counsel, brings more than four decades of experience in legal practice, with expertise spanning corporate finance, civil and commercial litigation, and corporate governance. His leadership track record includes chairing the Central Bank of Kenya, EcoBank Kenya, and the International Monetary Fund (Washington) External Experts Panel. He currently chairs the African Development Bank Group’s Disclosure and Access to Information Appeals Panel.
Recognized with the prestigious Elder of the Order of the Burning Spear (EBS), Mr. Nyaoga has also spent over 22 years as a certified director and corporate governance training consultant, mentoring boards in Kenya and abroad. He has been a frequent trainer and speaker at Central Banking Publications (UK) governance series in Windsor, Cambridge, and Oxford, as well as at IMF regional capacity-building forums.
In its statement, Absa Bank lauded Mr. Muchene for his “commitment and visionary leadership” over nearly a decade, during which he guided the institution through defining moments that strengthened growth, resilience, and long-term sustainability.
Reflecting on his tenure, Mr. Muchene said:
“It has been a privilege to lead the Bank through a period of change, growth and resilience, during which we achieved significant progress in our strategic ambitions. I am confident that Absa is well-positioned to continue on its growth trajectory. I thank my fellow Board members and the management team for their trust and support and wish them the very best as they continue to write the Absa Kenya story.”
Mr. Nyaoga, in accepting the role, expressed optimism about the Bank’s future:
“I am honoured to assume the role of Chairman of the Board of Absa Bank Kenya PLC. The financial landscape continues to evolve, and I look forward to working with my fellow Board members and the management team to advance our strategic priorities and deliver sustainable value to our customers, colleagues, shareholders, and the communities we serve. I thank Mr. Muchene for his stellar leadership, which has laid a strong foundation for us to accelerate growth into the future.”
Absa Bank extended its gratitude to Mr. Muchene for his service and congratulated Mr. Nyaoga as he takes over the leadership of the Board.
