I&M Bank Kenya has appointed Abdi Mohamed as Chief Executive Officer following regulatory approval from the Central Bank of Kenya. Mohamed’s appointment became effective on October 5, 2026.
He joins I&M Bank at what the company described as an important stage in its growth and will provide strategic leadership to the Kenya business.
His priorities will include strengthening customer relationships, supporting continued transformation and driving sustainable growth.
Mohamed brings more than three decades of experience spanning banking, financial services and corporate leadership.
He joins I&M Bank from Absa Bank Kenya, where he served as Country CEO and Managing Director and led the organization’s growth and transformation.
Beyond his executive roles, Mohamed currently serves as Chairperson of the UN Global Compact Network Kenya.
He is also a member of the Kenya Bankers Association Governing Council and serves on the boards of Integrated Payment Services Limited and Touch Health.
Mohamed succeeds Kihara Maina, who had been serving as interim CEO of I&M Bank Limited.
Following Mohamed’s appointment, Maina will resume his role as Regional CEO of I&M Group.
The leadership transition comes as I&M Bank continues seeking to strengthen its position in Kenya’s financial services industry while supporting I&M Group’s broader regional expansion strategy.
KEY QUOTES:
“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.”
Sarit Raja Shah, Group Executive Director of I&M Group
“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. 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. This is a journey we will undertake together, with a continued focus on creating meaningful value for our customers, colleagues and stakeholders.”
Abdi Mohamed, CEO of I&M Bank Kenya
