By Esther Nyambura,Standard Business
Copyright standardmedia
Former CBK Chairperson Mohamed NYaoga. [File, Standard]
Absa Bank Kenya has appointed former Central Bank of Kenya (CBK) chairperson, Mohamed Nyaoga, as its new board chair, effective October 1.
Nyaoga takes over from Charles Muchene, who is retiring after serving a full nine-year term.
In a statement, the bank announced, “Absa Bank Kenya PLC (Absa Kenya) is pleased to announce the appointment of Mr. Mohammed Nyaoga, EBS, SC, as the Chairman of its Board of Directors, effective 01 October 2025. He succeeds Mr. Charles Muchene, whose tenure as a Director and Chairman of the Board will end on September 30, 2025, having served his full nine-year term.”
Nyaoga brings over 40 years of distinguished experience in legal practice, specialising in corporate finance, civil and commercial litigation, and corporate governance.
He is a respected Senior Counsel and, at the time of his appointment, served as the Chairman of the African Development Bank Group’s Disclosure and Access to Information Appeals Panel, and as Absa’s non-executive director, a position he was appointed to in August 2025.
A certified director and corporate governance training consultant for over 22 years, Nyaoga has trained numerous boards in Kenya and globally. He has also been a regular trainer and speaker for Central Banking Publications (UK) and the International Monetary Fund (IMF) on corporate governance.
He holds a Bachelor of Laws and a Master of Laws degree from the University of Nairobi and a Diploma in law from the Kenya School of Law. He is a Certified Public Secretary (CPS), a Certified Company Director, and a member of the Institute of Directors of Kenya.
The bank expressed confidence in his leadership, stating, “We are confident that together with the highly dynamic Board and vibrant Management team, Nyaoga will strengthen the Bank’s governance and steer its strategic direction as we navigate a complex and dynamic operating environment and pursue our purpose of empowering Africa’s tomorrow, together, one story at a time.”
