NAIROBI, Kenya — Stanbic Holdings Plc has announced a leadership transition, with current Chief Executive Officer Patrick Mweheire set to retire on 28 February 2026 and Dr. Joshua Oigara appointed as the incoming CEO effective 1 March 2026, pending regulatory approvals.
Mr. Mweheire, who has led Stanbic Holdings since March 2020, will continue to serve in a senior executive capacity within the Standard Bank Group.
Under his leadership, the company recorded consistent growth, strengthened its market position, and built a well-recognised franchise in Kenya. The Board of Directors expressed gratitude for his “exemplary leadership and contribution” and wished him success in his continued role within the group.
Dr. Oigara, previously Standard Bank Regional Chief Executive for East Africa—a role covering Kenya, Uganda, Malawi, Tanzania, South Sudan, and Ethiopia—will assume the CEO role for Stanbic Holdings in addition to his regional responsibilities.
He has also served as Chief Executive Officer of a regional bank in East Africa, bringing extensive experience in banking sector transformation, regional market development, and financial inclusion.
Dr. Oigara holds an MBA with Distinction in International Business Management from Edith Cowan University, Australia, and a Bachelor of Commerce degree from the University of Nairobi.
He is a Certified Public Accountant of Kenya (CPA, K) and a member of the Kenya Institute of Bankers (KIB) and the Institute of Certified Public Accountants of Kenya (ICPAK). He is also a graduate of the Advanced Management Programme at the International Institute for Management Development (IMD), Lausanne, Switzerland.
The Board stated it is confident that Dr. Oigara’s leadership will guide the company through its next growth phase while leveraging his proven track record in strategic transformation and regional operations.
