Former Kenya Commercial Bank (KCB) boss Joshua Oigara has been appointed the Chief Executive Officer for Stanbic Bank Kenya and South Sudan.
Oigara's appointment will take effect on December 1, 2022, and he will take over from Charles Mudiwa, who will be leaving the bank at that time.
The ex-KCB Managing Director will report directly to Standard Bank East Africa Regional CEO, Patrick Mweheire, upon taking up his new role.
Oigara left KCB in May after serving the bank for nine and a half years after joining as the managing director in 2013.
He was replaced by Paul Russo in an official statement by the bank.
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"The KCB Group PLC Board has today appointed Paul Russo as the company’s Group Chief Executive Officer (GCEO) effective May 25, 2022. He replaces Mr. Joshua Oigara, who has been the GCEO for the last nine and a half years," KCB stated.
Oigara will now replace Mudiwa at Stanbic bank, who has served in the bank for the last 20 years.
Standard Bank Group is the parent company for Stanbic Bank.