Corporate

Moses Muthui named as Absa Kenya Consumer Banking Director

Moses Muthui has been appointed as the new Director for Consumer Banking at Absa Bank Kenya. Before taking on this new role, Moses served the Pan-African lender as Chief Strategy Officer and Head of CIB Finance.

In his upcoming role, which is pending regulatory approval, Moses will be responsible for leading the retail banking unit of the Nairobi Securities Exchange-listed bank. He will oversee sales and distribution, as well as steer the bank’s product propositions and segments, cards and payments, bancassurance, and Absa’s asset management business.

Furthermore, Moses will continue to provide overall leadership to the marketing team in our efforts to establish a trusted and beloved brand in the market,” noted Absa CEO Abdi Mohamed.

Read also: Absa’s Wezesha Stock offers SMEs up to Sh10 million in loans

Chief Operating and Digital Officer

Moses’s deployment is part of the latest management realignment under Abdi, which will introduce a new role, Chief Operating and Digital Officer, within the bank. “This role will be responsible for driving our technology and innovation agenda,” explained the CEO.

In other changes, Absa’s Chief Finance Officer, Yusuf Omari, will also take on additional responsibilities. Yusuf has been assigned to oversee the bank’s treasury, strategy, transformation, sustainability, and citizenship functions. Abdi further added, “I have also asked Yusuf to assume the additional responsibility of collaborating with the business heads to accelerate the growth and commercialisation of our new businesses.”

Meanwhile, Elizabeth Wasunna has been promoted to the position of Country Management Committee Director, where she will lead the Business Banking division and report directly to the CEO. Elizabeth’s appointment is also awaiting regulatory approval.

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