Absa Bank Kenya names Yusuf Omari as new CEO, taking over from Jeremy Awori who was recently confirmed as the new Chief Executive of Ecobank – Africa’s largest lender by footprint. Awori had ran the show at Absa since 2009.
Omari’s appointment will take effect on November 1, 2022. He will be familiar with the books, having worked as the bank’s Chief Financial Officer (CFO) for well over a decade. Omari previously worked as a Senior Auditor at KPMG.
Absa will be looking to ensure a smooth transition and settle on a definitive successor as it looks to continue its recent strong financial performance. The NSE-listed lender saw its net profits in the first half of 2022 rise by 12.9 percent to Ksh6.3 billion up from Ksh5.6 billion in H1 2021.
