Author: Lorine Otamo

Jubilee Holdings will change its chief executive on 1 December 2026. Group CEO Dr Julius Kipngetich retires on 30 November, and Deputy Group CEO Juan Cazcarra takes over the next day. Kipngetich has led the group since January 2018, when the board appointed him regional CEO. He succeeded Dietmar Raich. Cazcarra joined in July 2021 as Group Chief Operating Officer and became Deputy Group CEO in April 2025. What the board and the group said Group Chairman Zul Abdul thanked Kipngetich for his leadership and service to Jubilee. The board credits his tenure with strengthening the group’s regional position, supporting…

 Britam has appointed Gwen Kinisu as Chief Executive Officer and Principal Officer of Britam Life Assurance Kenya, effective 1 November 2026. She joins from Prudential Life Assurance Kenya, where she served as CEO and Managing Director. Britam said she arrives as the life business works to grow. Its statement described the task as “deepening customer trust” and expanding access to insurance, alongside building a business ready for the next phase of its ASCEND strategy. Britam sets out the mandate Britam advertised the role in 2026. The job listing says the CEO leads the development and execution of the ASCEND 2026…

Guaranty Trust Bank (Kenya) Limited has appointed Ann Njogu as Chairperson of its Board of Directors, Irene Irungu as Acting Managing Director and Esther Kihara as Head of Legal and Company Secretary. The Central Bank of Kenya approved all three. Irungu took office as Acting Managing Director on 29 October 2026. Kihara’s appointment took effect on 8 October 2026.  The changes follow the July announcement that Managing Director Jubril Adeniji would leave once his tenure ended, after the parent company in Nigeria recalled him. Adeniji joined the group in 2006 and led GTBank Tanzania from its 2016 launch before his…

The Standard Group PLC has appointed Dr Naim Bilal Yaseen as Group Chief Executive Officer from 1 November 2026, six days after the board named an acting chief executive to succeed Chaacha Mwita. The board made the appointment after a recruitment process, according to a notice dated 29 October 2026 and issued by the Company Secretary. The notice states that the appointment supersedes the earlier acting appointment and places Yaseen in office with full effect from 1 November. Appointment replaces the acting arrangement On 23 October, the board announced that John Bundotich, the Acting Editor in Chief, would serve as…

Ecobank Kenya has appointed Risper Alaro, Group Finance Director at Centum Investment Company PLC, as a Non Executive Director after approval from the Central Bank of Kenya (CBK). The appointment gives women five of the nine seats on the bank’s board. Board adds a fifth woman Alaro joins a board that has changed in 2026. Rebecca Mbithi became Managing Director on 9 February, succeeding Josephine Anan-Ankomah, who moved to a regional role as Regional Executive for Central, Eastern and Southern Africa (CESA) at Ecobank Group. Flora Mutahi, founder and chief executive of Melvin Marsh International and the first woman to…

Naima Yusuf has left Safaricom after 19 years to join Absa Group as Executive Head of Absa Pay. She announced the move in a farewell note that traces a career from a retail counter in Mombasa to the leadership of M-Pesa’s product and payments business. A career that began at a Mombasa retail centre Yusuf joined Safaricom in July 2007 as a retail centre agent in Mombasa. She spent six months in the role. Her duties included meeting the centre’s revenue targets, keeping operating costs within budget and updating customer records. She sold phones worth more than 1 million in…