NAIROBI, Kenya – Standard Group PLC Chief Executive Officer Chaacha Mwita has resigned from his position, barely seven months after his appointment as the media company’s substantive CEO.
In a notice issued on Friday, October 16, the company said Mwita would also relinquish his position as an executive director, with his departure taking effect on November 1, 2026.
The board notified shareholders and the general public of the decision in accordance with the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023.
“Pursuant to the provisions of Paragraph 10 of the Thirteenth Schedule of the The Capital Markets (Public Offers, Listings, and Disclosures) Regulations, 2023, the Board of Directors of The Standard Group PLC wishes to notify its shareholders and the general public of the resignation of Chaacha Mwita, as Chief Executive Officer and an Executive Director of the Company, effective 1st November 2026,” the notice read.
The board thanked Mwita for his service, citing his dedication and contribution to the company, and wished him success in his future endeavours.
The notice did not disclose the reason for his resignation or name a successor.
Mwita Was Appointed CEO In April
Mwita was appointed substantive CEO effective April 1, 2026, after serving as acting chief executive since July 2025.
In a statement issued on April 1, the board said his appointment followed an evaluation of his performance and a structured recruitment process.
“Following a comprehensive evaluation of his performance and a structured appointment process, the Board is satisfied that Mwita has demonstrated the requisite leadership capability, experience and integrity to assume the role on a substantive basis,” the board said at the time.
During his tenure as acting CEO, Mwita was credited by the board with providing strategic direction, maintaining operational stability and overseeing the continued implementation of the company’s business objectives.
The board also highlighted his experience in leadership, operations, corporate strategy, organisational management and stakeholder engagement.
Academic And Professional Background
Mwita holds a Master of Business Administration (MBA) from the University of St. Gallen in Switzerland, a Postgraduate Diploma in Mass Communication and a Bachelor of Education degree from the University of Nairobi.
His resignation will bring his tenure as substantive CEO to an end on November 1, less than a year after he took over the position permanently.
The company has yet to announce who will take over leadership of the media group.
