Joshua Oigara on winning with customers as loan defaults rise 

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Joshua Oigara is the chief executive of Stanbic Bank Kenya and South Sudan. ILLUSTRATION | JOSEPH BARASA | NMG

Joshua Oigara has completed one year as the CEO of Stanbic Bank Kenya and South Sudan, leading the Kenyan business in posting a nine-month net profit that was more than what was recorded in the full year ended December 2022.

Mr Oigara spoke to the Business Daily about his journey at Stanbic, what worked for the bank in 2023, his view on 2024 and how the bank is responding to challenges such as elevated interest rates and increased defaults. 

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