NCBA Group PLC has announced the appointment of Muhoho Kenyatta as a Non-Executive Director.
In a notice on November 26, the Group Managing Director, John Gachora, announced that Muhoho’s appointment as a Non-Executive Director is effective December 1, 2025.
“The Board congratulates Mr. Kenyatta on his appointment and welcomes him to the NCBA Group PLC Board.”
Kenyatta is an accomplished business executive with over 35 years of experience leading and developing businesses across East Africa, spanning diverse sectors such as manufacturing, healthcare, insurance, and banking.
He has previously served on the boards of several national and industry development organisations, including the Kenya Association of Manufacturers, Kenya Private Sector Alliance, Kenya Dairy Board, Kenya Dairy Processors’ Association, Kenya Shippers Council, and Kenya Sisal Board, among others.
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Kenyatta has previously served as Deputy Chairman of one of the predecessor institutions of NCBA between 2000 and 2019, and as a director of NCBA Bank Uganda.
He continues to support the Group’s digital strategy as a member of the Board of LOOP DFS Limited, a wholly owned subsidiary of NCBA Group PLC.
“He brings to the NCBA Group Board a strong track record in business leadership, governance, and strategic growth.”
Muhoho holds a Bachelor of Arts (Hons) degree in Economics and Political Science from Williams College, Massachusetts, USA, and a Pan-African Advanced Management Program Certification jointly offered by IESE Business School, University of Navarra (Spain), and Strathmore University Business School. He also holds several executive leadership and corporate governance certifications.
NCBA Group is primarily owned by former Central Bank of Kenya (CBK) Governor Philip Ndegwa’s family, which had overtaken the Kenyatta family as the largest shareholde as of December 2024.
Through the First Chartered Securities Limited, Ndegwa’s family owned a 14.94% stake as of December 31, 2024.
The Kenyatta family on its part holds a 13.20% stake in NCBA through Enke Investments Limited followed by D&M Management Services LLP (11.54%) which completes the Group’s top three shareholders.
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