Absa Bank Kenya Plc Confirms Yusuf Omari as Lenders CEO

ABSA Bank Kenya Board Appoints Yusuf Omari as Managing Director(M.D) & Chief Executive Officer(CEO) ;

The Board of Directors of Absa Bank Kenya PLC is pleased to announce the appointment of Yusuf Omari as Managing Director and Chief Executive Officer of Absa Bank Kenya, with immediate effect, following receipt of all required regulatory and internal approvals.

**Yusuf Omar,newly appointed and confirmed CEO& MD Absa Bank Kenya**

Mr Omari has served as Interim Managing Director and Chief Executive Officer of Absa Bank Kenya since 1^st July 2026, having previously served as the Bank’s Chief Financial Officer since 2009.

Mr Omari is a seasoned banking executive with more than two decades of leadership experience spanning finance, treasury, risk management, governance, sustainability, strategy and transformation, and executive management.

Throughout his career, Mr Omari has built a strong track record of driving sustainable growth, financial performance and transformation in complex banking environments.

As Chief Financial Officer, he played a key role in strengthening the Bank’s financial performance, improving its cost-to-income ratio, optimising capital and supporting the growth of Absa Kenya’s Corporate and Investment Banking, Business Banking and Consumer Banking franchises.

He also championed strategic initiatives in digital transformation, ecosystem banking and sustainability.

Commenting on the appointment,Mohammed Nyaoga, Chairman of Absa Bank Kenya,said:

“Yusuf’s appointment reflects his proven ability to lead, deliver sustainable growth and create long-term value.

His extensive experience across the Bank, deep understanding of the Kenyan market,and strong track record of working with customers, colleagues, regulators and other stakeholders position him strongly to lead Absa Bank Kenya into its next chapter.

The Board is confident that under his leadership,the Bank will continue to strengthen its competitiveness,deepen customer relationships and deliver sustainable growth.”

Saviour Chibiya, Regional Executive for East Africa,Absa Group, said:

“Yusuf is a highly accomplished leader who has made a significant contribution to our business and exemplifies the values of excellence, integrity and performance that define our organisation.

We have every confidence in Yusuf as he takes on the leadership of Absa Bank Kenya and wish him every success in this important role.”

Unilever Kenya Managing Director Luck Ochieng (left) and Absa Bank Kenya PLC Chief Executive Officer Yusuf Omari during the signing of a Memorandum of Understanding between Uniliver Kenya and Absa Kenya to launch a KES 4 billion distributor financing programme aimed at strengthening Kenya’s FMCG supply chain and supporting the growth of distributors and retailers.

Commenting on his appointment,Yusuf Omari, Managing Director and Chief Executive Officer of Absa Bank Kenya, said:

“I am deeply honoured by the confidence that the Board and Absa Group have placed in me through this appointment.

Absa Bank Kenya has a strong foundation, an exceptional team and an important role to play in supporting Kenya’s economic growth and development.

My focus will be on building on this foundation, deepening our relationships with customers, accelerating sustainable growth, strengthening our competitiveness and investing in our people and capabilities.

Together,we will continue to make Absa Bank Kenya a bank of choice for our customers and a trusted partner in Kenya’s economic development.”

Mr Omari holds a degree in Economics and a Master of Business Administration.He is also a Fellow of the Institute of Certified Public Accountants of Kenya (FCPA) and a graduate of the Advanced Management Programme delivered by Strathmore and IESE Business School.