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Stanbic Bank Appoints New Acting CEO

Mary WanjohibyMary Wanjohi
March 11, 2026
Reading Time: 3 mins read
Stanbic Bank Appoints New Acting Ceo

A collage photo of Abraham Ongenge the new Acting Chief Executive Officer.PHOTO/Mwango-X

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Stanbic Bank Kenya has appointed Abraham Ongenge as the new Acting Chief Executive Officer, effective 1 March 2026, pending regulatory approval.

The bank announced the leadership change as part of its ongoing plan to improve operations and continue to grow in the Kenyan market.

“We are pleased to announce the appointment of Abraham Ongenge as the Acting Chief Executive of Stanbic Bank Kenya Limited, effective 1st March 2026, subject to regulatory approval,” read part of the notice.

Abraham Ongenge Rise Through the Ranks

According to Stanbic Bank, Abraham Ongenge currently serves as the Head of Personal and Private Banking at Stanbic Bank Kenya, a role he has held since November 2023.

His appointment follows a long and accomplished career within the Standard Bank Group, where he has taken on various leadership roles across Kenya, South Africa, and Uganda.

Starting his career as a Financial Accountant, Ongenge rose through positions including Chief Finance and Value Officer. He has also worked as a Finance Director in a local financial institution, giving him wide experience in financial management and strategic leadership.


Also Read: KRA Announces Two New Executive Appointments

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A graduate of the University of Nairobi, Ongenge holds a Bachelor of Commerce degree in Finance and earned First Class Honours. He is a Certified Public Accountant in both Kenya and Uganda and is a member of the Institute of Certified Public Accountants of Kenya (ICPAK). His executive training includes programs at Columbia Business School, Strathmore Business School, and IESE Business School in Spain.

“Abraham has also invested in continuous learning and professional development, earning a certificate in Digital Strategies for Business from Columbia Business School, as well as completing the Advanced Management Program from Strathmore Business School and IESE School of Business Spain,” wrote Stanbic Bank.

Stanbic Bank says the appointment shows its confidence in the ability of Abraham Ongenge’s ability to guide the institution during an important time and to help strengthen its position in the competitive banking sector.


Also Read: Meet Ruth Kulundu and Obadiah Keitany, IEBC Top Officials Bypassed in Acting CEO Appointment


Leading Bank Shaping Kenya’s Financial Future

Stanbic Bank, one of Kenya’s large banks, is part of the Standard Bank Group, a major African banking group operating across many countries. The bank provides everyday services such as personal accounts, loans, business banking, investment services, and insurance.

Stanbic serves all types of customers, individuals, small businesses, large companies, and even international organizations. The bank has operated for decades and has grown into a strong, trusted financial institution in Kenya. It also runs operations in South Sudan, making it part of the broader East African banking network.

Stanbic Bank focuses heavily on digital banking, making most transactions easy to complete online. The bank also supports community projects, helps small businesses, and invests in sustainability and financial inclusion.

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Overall, Stanbic Bank aims to offer reliable banking services while supporting economic growth in Kenya and the region.

Stanbic Bank Appoints Abraham Ongenge As New Acting Ceo
A photo of the Stanbic Bank branch in Kenya PHOTO/UGC

 

Tags: Abraham OngengeStanbic Bank
Mary Wanjohi

Mary Wanjohi

Mary Wanjohi is a digital news correspondent at The Kenya Times driven by a deep commitment to truth, storytelling, and public service. With a background in Communication and Journalism, she has developed a strong foundation in news reporting, feature writing, and investigative research. Mary is passionate about uncovering stories that matter from community issues and social justice to politics and culture. She approaches every assignment with curiosity, integrity, and a dedication to accuracy. Her work reflects a belief that journalism is not just about reporting facts, but about giving voice to the voiceless and holding power to account. She can be reached at [email protected]

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