Stanbic Bank is set to elevate its leadership structure with the appointment of Joshua Oigara as Regional Chief Executive for East Africa, a move that reflects the institution’s ambition to bolster its presence across the region.
The announcement, made on August 20, 2025, indicates that Oigara will assume the expanded role effective September 1, while continuing to serve as Chief Executive of Stanbic Bank Kenya, a position he has held since December 2022. The appointment is subject to regulatory approval.
Born in Kisii in 1975, Oigara brings a rich blend of leadership acumen and deep-rooted experience in East Africa’s banking sector. He rose to prominence as the youngest CEO of a publicly traded bank in Kenya when he took charge of KCB Group in 2013, where he served until May 2022.
His extensive regional expertise, especially his prior work in expanding financial inclusion and digital banking, positions him well to lead the region’s growth strategy.
Oigara’s appointment comes as current Regional Chief Executive Patrick Mweheire concludes his five‑year term on August 31, 2025. Mweheire will continue to contribute to the Standard Bank Group in a senior executive capacity.
Analysts view the transition as a strategic step for Standard Bank Group, Africa’s largest by assets, to deepen its influence and operations across East Africa. Oigara’s dual role signals confidence in his leadership ability and underscores the bank’s intent to consolidate its regional footprint.
His track record at Stanbic Kenya and South Sudan is marked by a digital transformation agenda, sustainable financing initiatives, and a strong emphasis on financial inclusion.
Under his stewardship, Stanbic Bank Kenya reported strong financial performance, including significant growth in deposits, turnover in digital transactions and sustained investment in renewable energy projects.
He also led efforts to scale sustainability, equity, and inclusive lending cornerstones of the bank’s regional strategy.
Given his academic and professional credentials, including an MBA in International Business Management (with distinction) and executive education from prestigious institutions, Oigara is well-equipped to steer regional operations.
As Kenya’s banking landscape becomes increasingly competitive and integrated, this leadership transition represents a critical juncture. Oigara’s elevation comes at a time when Stanbic is looking to seize opportunities arising from the African Continental Free Trade Area and digitisation trends both of which require cohesive regional oversight.
In sum, Joshua Oigara’s appointment as Regional Chief Executive East Africa reinforces Standard Bank Group’s pledge to deepen its regional impact.
Backed by a proven leader with a track record of innovation, sustainability, and growth, the bank is poised to strengthen its strategic drive across East Africa in the years ahead.
Written By Ian Maleve
