Former Safaricom executive Michael Mutiga named Stanbic Bank Kenya CEO

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Stanbic Bank Kenya has appointed former Safaricom executive Michael Mutiga as its chief executive, bringing in a telecom and banking veteran to lead the lender as Kenya’s financial sector increasingly converges with digital financial services.

Mutiga will assume the role on August 1, subject to regulatory approval, the bank said in a statement on Thursday. He succeeds Abraham Ongenge, who…

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