Absa Bank Kenya PLC has named Senior Counsel Mohammed Nyaoga as the new Chairman of its Board of Directors, effective October 1, 2025.

Nyaoga succeeds Charles Muchene, whose nine-year tenure as Director and Chairman will conclude on September 30, 2025.

In a statement, the bank lauded Muchene for steering Absa through a period marked by transformation, growth, and resilience, describing his leadership as one defined by “foresight, stability, and purpose.”

With more than four decades of legal practice, Nyaoga is widely regarded as one of Kenya’s foremost corporate governance experts. He has previously served as Chairman of the Central Bank of Kenya, Ecobank Kenya, and the International Monetary Fund (IMF) External Experts Panel in Washington, D.C.

He currently chairs the African Development Bank Group’s Disclosure and Access to Information Appeals Panel and is a recipient of the Presidential honour, Elder of the Order of the Burning Spear (EBS).

In his farewell message, Muchene congratulated his successor and reflected on his term at the helm.

“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 and resolutely pursued our purpose of empowering Africa’s tomorrow, together, one story at a time,” said Muchene.

Nyaoga expressed gratitude for the appointment and pledged to build on the strong foundation laid by his predecessor as he prepares to officially assume office on October 1.