Standard Bank Group assembles an army of homegrown executives ahead of its planned game-changing East African acquisition 

In a March 2023 interview with Bloomberg, Patrick Mweheire, the Standard Bank Group Regional Chief Executive for East Africa, told of the Group’s ambitions for the Kenyan market, revealing that the Group was looking to make a major acquisition by 2025, a milestone if achieved, would propel Stanbic Kenya to the top three banks in the country. As regional East African Chief, Mweheire’s jurisdiction covers  Kenya, Uganda, Tanzania, Ethiopia, Malawi and South Sudan.  Standard Bank Group through Stanbic Africa Holdings Limited, owns 70.53% of Stanbic Holdings Plc Kenya, which in turn owns  100% of Stanbic Kenya Limited, alongside other subsidiaries⏤…