Hours after Absa Bank Kenya announced the departure of chief executive Abdi Mohamed after a 32-year career at the lender, rival I&M Group named him as the next CEO of its Kenyan banking business.

The exit of Mr Mohamed as Absa Bank Kenya's boss brings to a close an era dominated by enhanced operational efficiency through aggressive investment in digital transformation.

Abdi Mohamed, CEO of Absa Bank Kenya, will step down on June 30 after three years in the role and a 32-year career with the lender.

Hours after Absa Bank Kenya announced the departure of chief executive Abdi Mohamed after a 32-year career at the lender, rival I&M Group named him as the next CEO of its Kenyan…

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