Author: Lorine Otamo

Limuru Tea PLC has appointed Advocate Leila Chebet as Company Secretary from 8 October 2026, two weeks after Janet Akoth Ocholla left the post. Board chair Dorcas Muli signed the announcement, which the company said it issued under Regulation 89 and Clause 10.1.5 of the Thirteenth Schedule of the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023. The board congratulated Chebet and said it “welcomes her to the company”. Muli has chaired the board since 1 October 2021. She has more than 15 years in audit, compliance and risk management, starting at the Auditor General’s office before moving to…

SanlamAllianz Kenya has named Jacqueline Karasha chief executive from 1 November 2026. She replaces Dr Nyamemba Patrick Tumbo, EBS, who retires on 31 October after more than eight years in the role. The board of Sanlam Allianz Holdings (Kenya) PLC, the Nairobi Securities Exchange listed insurer that trades under the SanlamAllianz Kenya brand, announced the change in a notice dated 15 October. It said it was “pleased to announce the appointment of Jacqueline Karasha”. She is now CEO and Principal Officer of Sanlam Allianz Life Insurance (Kenya) Limited, the subsidiary the group plans to absorb into the listed parent. Who…

Eva Ngigi Sarwari, managing director of Finserve Africa and Equity Group’s director of payments and international banking, has died at 45 while on a business trip to China. Her colleagues announced her death on Tuesday 20 October and called the news a “sudden and profound shock”. The statement gave no cause or date of death. It said updates would follow as details became available and that “thoughts and prayers are with Eva’s family, friends and colleagues”. Equity Group had not issued a separate public statement in the first reports. From an internship to Equity Group’s payments business Ngigi Sarwari’s career…

Eric Muriuki has left NCBA Group, where he ran the LOOP digital banking business, to join Absa Group as Managing Executive for Pan African Growth Strategy, Platforms and Digital Ventures. His LinkedIn profile says he starts at Absa this month and will work from the Johannesburg area. Anyone in Kenya who has borrowed, saved or covered a payment from a phone has probably used a product he helped build. Two decades in Kenyan banking Muriuki joined Citi in Kenya in 1999 as a Business Systems Manager and stayed almost five years. In 2004 he moved to Co-operative Bank of Kenya…

Turaco promoted Cedrick Todwell to Chief Commercial Officer, Africa, on 1 October 2026, which puts one executive in charge of revenue, partnerships and country teams as the insurer enters more markets. What changes at Turaco Todwell joined Turaco in October 2024 as Director of Business Development. He built relationships with banks, microfinance institutions, fintech companies and telecom operators, mostly in East Africa. He now sets commercial strategy across the continent. His remit covers revenue, market share, partnerships, country teams, business units that pay their own way, and entry into new markets. For a bank or telecom operator that sells Turaco…

Anne Juuko became Director General of the East African Development Bank (EADB) on October 2, 2026. Her arrival ends almost two years of acting leadership at the Kampala based lender, which finances businesses and projects in Kenya, Uganda, Tanzania and Rwanda. A markets banker takes the top seat EADB’s Governing Council announced the appointment in Kampala. Juuko moves from Standard Bank Group, where she served as Regional Head of Global Markets for Eastern Africa. Standard Bank named her to that role effective April 1, 2024, after four years as chief executive of Stanbic Bank Uganda. She began her banking career…