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Stanbic Bank has announced the appointment of Joshua Oigara as the new Regional Chief Executive for East Africa, a role that will see him oversee operations across Kenya, Uganda, Ethiopia, Tanzania, and South Sudan, in addition to subsidiaries including SBG Securities and Stanbic Insurance Agency Limited. The appointment is subject to regulatory approval.
Oigara, who has served as CEO of Stanbic Bank Kenya since December 2022, takes over from Patrick Mweheire, whose five-year tenure as Head of East Africa ends on August 31, 2025. The move underscores the group’s confidence in Oigara’s leadership, honed over a decade of driving transformation in the region’s banking sector.
Before joining Stanbic, Oigara spent nine years as Group CEO of KCB Bank, where he was credited with expanding regional operations and spearheading digital transformation. At Stanbic, he has championed digital banking adoption, enabling millions of customers to access services seamlessly through mobile and online platforms, while also driving efforts to deepen financial inclusion across underserved communities.
Beyond digital innovation, Oigara has been instrumental in shaping policy engagement with regulators and government stakeholders, advocating for frameworks that strengthen trust in financial services and expand access to formal banking. His leadership has been pivotal in positioning Stanbic as a forward-looking institution focused on inclusive growth, risk management, and sustainable finance.
“East Africa is a dynamic and diverse region with significant opportunities for banking and financial services,” the bank said in a statement. “Joshua’s proven track record in digital transformation, stakeholder engagement, and regional leadership makes him well-positioned to drive the next phase of growth.”
As he assumes his new mandate, Oigara will lead efforts to expand Stanbic’s footprint in retail and corporate banking, while strengthening offerings in investments, insurance, and capital markets through the group’s subsidiaries. His appointment is expected to reinforce Stanbic’s strategy of leveraging technology and innovation to support individuals, businesses, and governments across East Africa.
The leadership transition comes at a time when East Africa remains a core growth hub for Standard Bank Group, with rising demand for digital banking solutions, cross-border trade financing, and financial inclusion initiatives. Oigara’s appointment signals Stanbic’s commitment to building a more accessible, technology-driven, and customer-centric financial ecosystem in the region.
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