Absa Bank Kenya has appointed Abdi Mohamed as CEO and Managing Director, subject to regulatory approval.
Abdi will succeed Yusuf Omari, who has been serving as acting CEO since the exit of former CEO Jeremy Awori, who had served the lender for close to 10 years.
Abdi has over 28 years of financial industry expertise and has held a number of executive positions within the Absa Group.
He presently serves as the managing director of Absa Bank Tanzania and the acting managing executive for retail and business banking for Absa’s regional operations in Africa, a position that covers several of the continent’s operational hubs.
He has also previously worked as the bank’s Chief Operating Officer in Kenya. He has also served as the Retail & Business Banking Director in Kenya and Zambia as well as the Operational Efficiency Manager at Barclays Global Retail & Commercial Banking in London.
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Abdi has degrees in business administration from Edith Cowan University, a master’s degree in business administration from Kenyatta University, and an advanced management program (IMD Business School – Switzerland).
Yusuf will remain in his position as interim managing director while the regulatory approval procedure for Abdi’s hiring is ongoing.
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