Ex-Absa boss Abdi Mohamed officially takes over at I&M Bank
Former Absa Bank Kenya chief executive Abdi Mohamed has officially taken over as the head of I&M Bank Kenya after receiving approval from the Central Bank of Kenya (CBK).
Mr Mohamed assumed office on Monday, October 5, and will lead the lender’s Kenya business with a focus on customer relationships, growth and the bank’s ongoing transformation.
He takes over from Kihara Maina, who had been serving as interim chief executive and now returns to his role as I&M Group regional chief executive.
“The Board is pleased to welcome Abdi to I&M Group and is confident that his extensive banking experience, strong leadership credentials and deep understanding of the Kenyan and regional financial services landscape will be instrumental in leading the Bank through its next phase of growth,” said I&M Group executive director Sarit Raja Shah.
Mr Mohamed joins I&M from Absa Bank Kenya, where he served as country chief executive and managing director. He has more than three decades of experience in banking and financial services.
“I am deeply honored to join I&M Bank Kenya and to be part of an institution with such a strong heritage, talented people and deep customer relationships,” said Mr Mohamed.
“I look forward to working closely with the team, our customers and our partners as we build on the bank’s achievements and pursue the opportunities ahead.”
Mr Mohamed chairs the UN Global Compact Network Kenya and sits on the governing council of the Kenya Bankers Association (KBA)
He is also a board member of Integrated Payment Services Limited (IPSL), the operator of the PesaLink interbank transfer platform, and Touch Health.
His appointment comes as I&M seeks to strengthen its position in the Kenyan market and support the wider growth of the group across the region.
I&M Bank is a wholly owned subsidiary of I&M Group, which is listed on the Nairobi Securities Exchange and has operations in Kenya, Uganda, Tanzania, Rwanda and Mauritius.
Real ESG impact doesn’t happen in panels alone, it happens in the rooms where financiers, operators, and policymakers actually align. Our GreenShift Forum 2026 cuts the noise, bringing together the people rewiring Africa’s sustainability and energy frameworks for one focused day in Nairobi. Secure your seat.
Go to TECHTRENDSKE.co.ke for more tech and business news from the African continent and across the world.
Follow us on WhatsApp, Telegram, Twitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates. Send tips to info@techtrendsmedia.co.ke
