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Entrepreneur's Corner

Absa Bank’s Abdi Named Top African CEO After A Year At The Helm

BY David Indeje · September 10, 2024 09:09 am

Absa Bank Kenya CEO Mr. Abdi Mohamed has been recognized for excellence in brand building and leadership by the prestigious 2024 Africa Brand Leadership Awards.

Absa tapped Mr. Mohamed to head the Bank in 2023, an insider who prior to the Ceo role served as the Managing Director of Absa Bank Tanzania and acting Managing Executive for Retail and Business Banking, Africa Regional Operations.

Mr. Mohamed who took over the reins of the lender just one year ago has steered the bank through transition from the Barclays brand, to Absa, gaining market share and recognition in the country.

Read Also: Absa Bank Kenya PLC Records 29% Growth In Profit After Tax To Ksh10.7 Billion

The High school math teacher from Garissa, has risen through the ranks in Absa, where he continues to mentor using his leadership style to transform the lender into a new growth strategy to win market share and to solidify Absa’s position on the continent.

The new boss has delivered on profitability in his first year in charge and looks set to grow the bank’s books in its pursuit for market share especially in retail and the small business market.

Read Also: Absa Bank Seeks To Strengthen Its Corporate Banking Market Positioning With Renewed Clients’ Promise

David Indeje is a writer and editor, with interests on how technology is changing journalism, government, Health, and Gender Development stories are his passion. Follow on Twitter @David_Indeje David can be reached on: (020) 528 0222 / Email: info@sokodirectory.com

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