Absa Bank Kenya Plc long-serving Chief Executive Officer and Managing Director Jeremy Awori announced his resignation on Thursday, September 8.
Moreover, Mr. Awori is expected to step down from his role on October 31 to pursue a career opportunity outside the Absa Group.
“I am honoured to have led Absa Kenya in making a difference in our society while achieving significant commercial milestones over the past decade. I am confident that Absa Kenya will scale greater heights going into the future,” Jeremy Awori said in a statement.
Nonetheless, the board of the bank has commenced the recruitment process to replace the departing long-serving CEO.
In addition, Jeremy Awori became Absa Bank Kenya CEO (then Barclays Bank Kenya Limited) in February 2013 after ending a four-year stint as the Chief Executive Officer of Standard Chartered Bank Tanzania.
Furthermore, Awori started his banking career at Standard Chartered in 1999 where he served as an Executive Board Director and the Head of Consumer Banking East Africa.
Similarly, he held other roles within the Standard Chartered Group including serving as Head of its Consumer Banking unit in the United Arab Emirates (UAE) and as the Regional Sales Director for the Middle East, South Asia and Africa.
Furthermore, Jeremy Awori worked as the Chairman of the Kenya Bankers Association (KBA) between June 2013 and July of 2014.
The Outgoing Absa boss holds a Master’s Degree in Finance and International Business from the McGill University.
Awori also oversaw the transition of the lender from Barclays Bank Kenya brand to Absa Bank Kenya between 2018 and 2020.
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