Stanbic taps Safaricom’s top strategy executive as CEO

mutiga-citi

The newly appointed Stanbic Bank Kenya chief executive Michael Mutiga. 

Photo credit: File | Nation Media Group

Stanbic Bank Kenya has appointed a Safaricom executive, Michael Mutiga, as its chief executive, handing leadership of the lender to a banker credited with driving corporate strategy across banking, telecommunications and digital financial services.

Mr Mutiga will assume office on August 1, subject to regulatory approvals, ending a transition that has seen Abraham Ongenge serve as acting chief executive since March.

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