Joshua Oigara to steer Stanbic’s East Africa growth as regional CEO

Stanbic Bank Chief Executive Officer Joshua Oigara will now double as the Regional Chief Executive for East Africa following his latest elevation to the new regional boss.

Standard Bank Group made the announcement terming it as a strategic leadership appointment within its Africa Regions business underscore its commitment to continued growth, strengthening its regional franchises, and leveraging the extensive expertise within its organization.

These transitions will take effect beginning September 1, 2025 following regulatory approvals.

Dr. Joshua Oigara has been appointed as Regional Chief Executive (RCE) for East Africa. He will continue to serve as Chief Executive of Stanbic Bank Kenya, a position he has held since December 2022, while taking on the additional RCE responsibilities. The appointment is subject to regulatory approval,” the bank said in a quick dispatch to newsrooms.

Having previously held the role of Chief Executive Officer for a regional bank in East Africa, his in-depth knowledge of the East Africa market positions him well to lead the Bank’s ambitions across the region.

Oigara has been lauded as an industry pioneer who has advanced the region’s growth through transformative leadership. He was instrumental in catalysing digitization in East Africa’s banking sector and partnered with regulators and key industry players to expand financial inclusion across the region through technology driven solutions and enabling policies.

Oigara also served as the chairman of the Kenya Bankers Association (KBA) Governing Council for two terms, and a current council member, Oigara continues to champion substantial progress towards improved stability, accessibility, inclusivity, and efficiency in the banking sector.

Oigara will succeed Patrick Mweheire, who is currently the Regional Chief Executive (RCE) for East Africa and the Chief Executive Officer for Stanbic Kenya Holdings and will be concluding his 5-year tenure as RCE on August 31, 2025.

However, Mweheire will remain serving as a Senior Executive within the Standard Bank Group and will continue to hold the role of Chief Executive of Stanbic Kenya Holdings.

Patrick has been instrumental in organically growing our East African franchise into being the second most profitable regional bank, while actively driving collaboration amongst the teams and providing executive sponsorship of our multi-national and regional clients.

The transitions are set to take place effective next month, subject to regulatory approval.

Having previously held the role of Chief Executive Officer for a regional bank in East Africa, his in-depth knowledge of the East Africa market positions him well to lead the Bank’s ambitions across the region.