Absa Bank Kenya has named Chief Finance Officer (CFO) Yusuf Omari interim chief executive effective November 1, 2022.
Omari is set to replace Jeremy Awori, who steps down as CEO on October 31, 2022. Yusuf Omari has been the lender’s CFO since 2009.
“Following regulatory approval, the Board of Absa Bank Kenya PLC has appointed Yusuf Omari to take over as Interim Chief Executive Officer and Managing Director effective 1 November 2022, after Jeremy Awori steps down from office on 31 October 2022,” Absa announced on Friday.
“I am confident that this appointment will help us to continue executing our strategy whilst ensuring a smooth leadership transition,” added Absa Board Chairman Charles Muchene.
Yusuf has held various senior positions within the Bank, including Regional Head of Internal Audit and Regional Head of Compliance. He currently serves as the Chief Finance Officer (CFO), a role he has held since 2009.
Yusuf Omari holds a Master’s in Business Administration from the Strathmore Business School and a Bachelor’s Degree in Economics from the University of Nairobi.
He also holds an Advanced Management Programme (AMP) Certification from the International Institute of Management Development (IMD, Switzerland) and Strathmore Business School in association with IESE Business School (Spain).
Yusuf is a Fellow of the Institute of Certified Public Accountants (FCPA) and a member of the Institute of Certified Internal Auditors.
