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    Absa Group

    Saviour Chibiya, Regional Chief Executive, Absa Group, addresses staff during a town hall meeting with Absa Bank Uganda employees at the Kampala Sheraton Hotel this week. During his visit to Uganda, Chibiya emphasised Absa’s ambition to become the “bank of choice for economic development” across the markets where it operates.

    “We Want to Be the Bank of Choice for Economic Development”: Saviour Chibiya on Absa’s Strategic Bet on East Africa 

    Muhereza KyamuteteraThe Big StoryMarch 13, 2026March 13, 2026

    Over the past year, Absa Group has been hard to miss in East Africa. From boardroom visits and executive engagements to high-profile financing deals and infrastructure transactions, the bank has…

    Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.

    South Africa’s capital is moving north-east, and East Africa is increasingly the preferred landing strip

    The CEO Magazine TeamThe Big StoryFebruary 13, 2026February 27, 2026

    South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts….

    Kenny Fihla’s bold tech-led retail reset sees him tap Sitoyo Lopokoiyit to power Absa’s next phase of reinvention.

    What Absa Group’s Hiring of M-PESA’s Sitoyo Lopokoiyit Reveals About Kenny Fihla’s Strategic Intentions

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 13, 2026February 13, 2026

    Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…

    Absa Group Appoints M-PESA Africa CEO Sitoyo Lopokoiyit as Head of Personal and Private Banking

    Paul MurungiBanking & Financial ServicesThe Big StoryFebruary 11, 2026February 11, 2026

    Absa Group has confirmed the appointment of M-PESA Africa chief executive Sitoyo Lopokoiyit as the new head of its Personal and Private Banking division, marking a significant leadership move as…

    What Must Happen for Africa’s Economic Breakthrough? Absa Group CEO Kenny Fihla Has a Powerful Answer

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 28, 2025November 28, 2025

    When Kenny Fihla walked onto the stage at the B20 Summit in Johannesburg, there was a sense that the room was bracing for more than a corporate address.  As the…

    Absa Group Bets Big on East Africa: Yasmin Masithela Reveals the Scale, Digital Ambition, and Regional Push Behind the StanChart Uganda Deal 

    Paul MurungiBanking & Financial ServicesThe Big StoryNovember 28, 2025November 28, 2025

    Let’s start off with why Absa Group is involved in this B20 summit.  When we decided to participate in B20, it was largely because we’re a pan-African bank, and this…

    A photo montage of Absa’s David Wandera and Standard Chartered Bank’s Sanjay Rughani. Absa’s acquisition of Standard Chartered’s retail and wealth business reshapes Uganda’s banking sector, boosting deposits, expanding assets, and strengthening retail depth as regulators begin reviewing one of the industry’s most significant restructurings.

    Absa–Standard Chartered Wealth and Retail Business Acquisition Deal Enters Regulatory Review as Sector Impact Becomes Clear

    Muhereza KyamuteteraThe Big StoryNovember 21, 2025November 21, 2025

    Less than a year after Standard Chartered announced its plan to exit its Wealth and Retail Business (WRB) segment, the long-anticipated transfer to Absa Uganda has entered a decisive phase….

    Meet Emmanuel Kiberu, Ecobank’s New Chief Financial Officer

    Brian EmorutExecutive ProfilesNews & AnalysisNovember 4, 2025November 4, 2025

    Ecobank Uganda has appointed Emmanuel Kiberu as its new Chief Financial Officer (CFO), marking a significant addition to the bank’s executive leadership team. A qualified Chartered Accountant with over a…

    Absa Bank Acquires Standard Chartered’s Retail and Wealth Business in Uganda

    Paul MurungiThe Big StoryOctober 24, 2025October 24, 2025

    Absa Bank Uganda has entered into an agreement to acquire the Wealth and Retail Banking (WRB) business of Standard Chartered Bank Uganda. The acquisition marks a major shift in Uganda’s…

    Absa Group CEO Kenny Fihla Visits Uganda as Part of East Africa Roadshow

    Brian EmorutBusiness & MarketsCompany NewsJuly 24, 2025July 24, 2025

    Absa Group CEO Kenny Fihla visited Uganda this week as part of his first strategic East Africa roadshow since taking up the role of Group CEO last month, aimed at…

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