Stanbic Holdings PLC has appointed Joshua Oigara as its new Chief Executive and Director, effective 1 March 2026, pending the necessary regulatory approvals.
In a statement on February 12, Stanbic PLC announced that Dr. Oigara’s appointment follows the upcoming retirement of Patrick Mweheire as Chief Executive and Director, effective February 28, 2026.
“The Board is pleased to announce the appointment of Dr. Joshua Oigara as Chief Executive and Director of Stanbic Holdings Pic, effective 1 March 2026. This appointment is subject to requisite regulatory approvals,” read part of the statement.
During the tenure of Mweheire, he provided decisive leadership in the execution of the Company’s strategic priorities.
Under his stewardship, the Company delivered consistent growth and sustainable value creation, and was instrumental in building Stanbic Kenya into an enviable, well-positioned franchise within the Standard Bank Group.
The Board extended its sincere appreciation to Mweheire for his exemplary leadership and contribution to the Company.
Joshua Oigara Career Background
Oigara currently serves as Standard Bank’s Regional Chief Executive for East Africa, a role he has held since September 2025, overseeing operations in Kenya, Uganda, Malawi, Tanzania, South Sudan, and Ethiopia.
He previously served as Group Chief Executive Officer and Managing Director of KCB Group for close to ten years. Over the last decade, Oigara has been instrumental in driving the growth and development of the banking sector.
Joshua also serves as a Non-Executive Director of Stanbic Nominees Limited.
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He holds an MBA with distinction in International Business Management from Edith Cowan University, Australia; a Bachelor of Commerce degree from the University of Nairobi; and an Advanced Management Programme Graduate from INSEAD, Fontainebleau, France.
Oigara is also a Certified Public Accountant of Kenya, CPA (K), and a member of the Kenya Institute of Bankers (KIB) and the Institute of Certified Public Accountants of Kenya (ICPAK).
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Profile of Exiting Patrick Mweheire
Patrick Mweheire was appointed as the Chief Executive of Stanbic Holdings Plc and Non-Executive Director of Stanbic Bank Kenya Limited on March 3, 2020.
Mweheire previously served as the Chief Executive of Stanbic Bank Uganda Limited from December 2014 until his appointment as the Company’s Chief Executive.
He is a professional banker with a career spanning over 20 years. As the Regional Chief Executive, East Africa, for the Standard Bank Group, he was responsible for operations in Kenya, Ethiopia, South Sudan, Tanzania, and Uganda.
Mweheire also served as a Non-Executive Director on the Boards of Stanbic Bank Tanzania Limited, Stanbic Uganda Holdings Limited, and Stanbic Bank Uganda Limited; as a member of the Uganda Chamber of Mines & Petroleum; and as an Advisor to the Presidential Investors Roundtable.
He holds a Bachelor of Science Degree from Daemen College and a Master of Business Administration from Harvard University Graduate School of Business Administration.
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