Standard Chartered Kenya Limited Board of Directors has appointed Patrick Obath as the new Chairperson to the Board taking over from Anne Mutahi who has held the position since 2012.

While announcing her stepping down during its 33rd Annual General Meeting, Mutahi thanked Clients, Board of Directors, Management and Staff for their support and dedicated contribution in driving the Bank’s agenda during her tenure.

“I would like to officially announce that I will be stepping down from my position as Chair to the Board. My journey with Standard Chartered Bank started way back in February 2009. I have enjoyed serving this great organization for the last 10 years, six years of those as your Chairperson,” she said.

“Over this period the banking sector has really transformed. We have transitioned from what we refer to as Brick and Mortar, where all transactions were done in the Banking Hall to an error where you can access almost all services on your mobile phone, ” she added.

Obath was appointed to the Board on 24 January 2012. He has vast experience in change management, strategy, financial management and controls, turnarounds, governance, and business risk.

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

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