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Home Actuarial News

Absa Bank Kenya PLC CEO Jeremy Awori to Step Down

Absa Bank Kenya PLC has announced that its CEO & Managing Director, Mr. Jeremy Awori will be leaving the bank to pursue a new career opportunity outside Absa Group.

September 8, 2022
in Actuarial News
Absa Bank Kenya PLC CEO Jeremy Awori to Step Down
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The Board of Absa Bank Kenya PLC has announced that Jeremy Awori has left the Absa Group after nearly 10 years of leadership. Consequently, Jeremy will be stepping down as CEO & Managing Director of Absa Bank Kenya PLC on 31 October 2022. The Board has initiated the process of identifying a suitable successor and will announce the new CEO once the process is completed, subject to regulatory approval.

Jeremy has been instrumental in driving significant growth and transformation of our business over the past decade and under his outstanding leadership, Absa Bank Kenya PLC has evolved into a modern-day business that all our stakeholders can be proud of.

– Mr. Charles Muchene, Chairman of the Board, Absa Bank Kenya PLC.

Jeremy has been serving as the managing director and chief executive officer of Absa Bank Kenya (formerly Barclays Bank of Kenya) since June 2013. Prior to that, he was at Standard Chartered Tanzania where he was its CEO for 6 years.

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I am honored 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. I thank the Board of Absa Kenya PLC and Absa Group for the opportunity and pay special tribute to Absa Kenya staff and customers for the honor to serve.

– Mr Jeremy Awori, Absa CEO & Managing Director, Bank Kenya PLC 

He was educated at St. Mary’s School, Nairobi, for his elementary and secondary education. In 1989, he was admitted to the University of Manchester in the United Kingdom, graduating in 1991 with a Bachelor of Science degree in Pharmacy. Later in the 1990s, he graduated from McGill University, in Canada with a Master of Business Administration degree, focusing on Finance and International Business.

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After his first degree, Jeremy practiced as a pharmacist in the United Kingdom, before he moved to Canada for his second degree. After his MBA, he was hired by Standard Chartered Bank of Canada.

Jeremy sits on the board of directors of Kenya Private Sector Alliance (KEPSA). He is also a member of the governing council of the Kenya Bankers Association (KBA) and previously served as the chairman of KBA.

TAEA Reporter

TAEA Reporter

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