BPR Bank Rwanda Plc has appointed Xavier Mugisha Shema as Acting Managing Director after Patience Mutesi resigned from the role, effective 31 October 2026. Shema is the bank’s Executive Director for Commercial Businesses. His appointment still needs regulatory approval. The board will recruit a permanent managing director while he runs the lender in the interim. Mutesi leaves after leading the bank since February 2023 In an official statement, the bank said Mutesi is leaving to pursue other interests. It credited her with steering the lender through rapid growth and change after the merger of BPR and KCB Bank Rwanda. She…
Author: Lorine Otamo
Lorine Otamo
Lorine Otamo is a science journalist who covers health, technology, agriculture, and climate change. She has a Bachelor of Science Degree in Journalism and Mass Communication and a knack for simplifying complex scientific topics.
Britam Holdings has appointed Celestine Munda, a former Partner at Ernst & Young (EY) Kenya, as Board Chairperson. The decision ends an interim arrangement that began after the death of Kuria Muchiru. Appointment follows seven months in the interim role The appointment took effect on 27 October 2026 and remains subject to regulatory approvals, the insurer said in a notice. Munda, an independent director, has led the board since 30 March 2026, when directors named her Interim Chairperson11 days after Muchiru died on 19 March 2026. The board said then that she would hold the role until it announced a…
The Standard Group PLC has appointed John Bundotich as acting Group Chief Executive Officer (CEO), effective November 1, 2026. The board announced the decision in a notice to shareholders and the public dated October 23, 2026. Bundotich takes over as Chaacha Mwita leaves the company on the same date. Kenyans.co.ke reported on October 16 that Mwita will exit, seven months after his substantive appointment on April 1, 2026. He had served as acting CEO from July 1, 2025. What the board said The board issued the notice under Paragraph 11 of the Thirteenth Schedule of the Capital Markets (Public Offers,…
Kenya Electricity Generating Company PLC (KenGen) has appointed Eng. Ronoh Kibet Charles, OGW, as Managing Director and CEO designate. He takes office on 1 February 2027, succeeding Eng. Peter Waweru Njenga, who retires. The board announced the decision on 24 October 2026 after what it described as a competitive recruitment process. A transition period will cover the handover and keep the company’s strategic priorities on course. Kibet runs commercial services at KenGen Kibet is the General Manager for Commercial Services. His office covers energy markets, investments, new business and partnerships, marketing and corporate communication, and sustainability. He brings more than…
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…