Absa Bank Kenya Plc has begun to search for a suitable candidate to succeed Chief Executive Jeremy Awori who is preparing to step down on 31 October 2022 after nearly a decade at the helm.
The board of Absa announced Thursday that Mr Awori will be leaving the company to “pursue a career opportunity outside the Absa Group”.
“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,” Absa board chair Mr Charles Muchene said.
“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,” the lender said in an emailed statement.
Mr Jeremy was appointed to the board in February 2013.
“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,” Mr Awori said.
