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Court backs Mbadi in ouster of Consolidated Bank CEO

Treasury Cabinet Secretary John Mbadi addressing members of the National Assembly's Departmental Committee on Finance and National Planning at Bunge Tower, Nairobi, on November 18, 2025.

Photo credit: Dennis Onsongo | Nation Media Group

By  Patrick Alushula

Business Reporter

Nation Media Group

Former Consolidated Bank of Kenya CEO Samuel Muturi has lost his bid for reappointment after Treasury Cabinet Secretary John Mbadi blocked the bank board from giving him a fresh three-year term, sparking a legal battle.

Mr Muturi had sued the bank, alongside Mr Mbadi and acting CEO Dominic Murage, seeking either a fresh term based on the board’s favourable recommendation or damages and reliefs of at least Sh76.35 million.

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