Mohammed Nyaoga appointed Absa Bank board chairman
Senior Counsel Mohammed Nyaoga who also served as former Central Bank board chairman has been appointed Absa Bank Kenya board chairman effective next month, October, 2025.
Nyaoga will succeed Charles Muchene whose tenure as the director and chairman of the board will end at the end of this month, having served his full nine-year term.
The appointment of Nyaoga was announced yesterday by the lender.
He brings to the Board more than 40 years of distinguished experience in legal practice as a respected Senior Counsel, specialising in Corporate Finance, Civil, Commercial Litigation, and Corporate Governance.
He has extensive leadership experience gained from various senior positions across the public and private sectors, having served as the Chairman of the Central Bank of Kenya, Chairman of EcoBank Kenya, and Chairman of the International Monetary Fund (Washington) External Experts Panel.
He currently serves as the Chairman of the African Development Bank Group’s Disclosure and Access to Information Appeals Panel and was bestowed the prestigious Presidential Award of the Elder of the Order of the Burning Spear (EBS) for his distinguished service to the country.
Nyaoga is a certified director and corporate governance training consultant for over 22 years and has trained several boards in Kenya and globally.
He has been a regular trainer and speaker at Central Banking Publications (UK) Governance Training Series at Windsor, Cambridge, and Oxford, and for the International Monetary Fund (IMF) in their regional corporate governance capacity building training forums.
In a statement while accepting the appointment, Nyaoga thanked its outgoing Chairman for his commitment and visionary leadership through the last nine years.
During his tenure, Mr. Muchene has steered the Bank through defining moments that have not only created strong business growth but also enhanced organizational resilience, evolving Absa into a formidable financial institution that is well positioned for long-term sustainability.
His chairmanship has been marked by foresight, stability, and purpose, leaving an enduring imprint on the Absa Kenya story.
