The Board of Absa Bank Kenya PLC has announced the resignation of CEO and MD Jeremy Awori, who has served the lender for close to 10 years.
“After nearly 10 years of outstanding leadership, service, and contribution, Jeremy Awori has decided to pursue a career opportunity outside the Absa Group. Consequently, Jeremy will be stepping down as CEO & Managing Director of Absa Bank Kenya PLC on 31 October 2022,” the board said in a statement.
The Board has initiated the process of identifying a suitable successor and will announce the new CEO once the process is completed, subject to regulatory approval.
Read: Absa Kenya’s Half-year Profits Hit Ksh6.3 Billion
“Jeremy has been instrumental in driving significant growth and transformation of our business over the past decade and under his outstanding leadership, Absa Bank Kenya PLC has evolved into a modern-day business that all our stakeholders can be proud of.” – Mr. Charles Muchene, Chairman of the Board, Absa Bank Kenya PLC.
“I am honored to have led Absa Kenya in making a difference in our society while achieving significant commercial milestones over the past decade. I am confident that Absa Kenya will scale greater heights going into the future. I thank the Board of Absa Kenya PLC and Absa Group for the opportunity and pay special tribute to Absa Kenya staff and customers for the honor to serve.” – Jeremy Awori, CEO and Managing Director, Absa Bank Kenya PLC.
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