Absa Kenya CEO Abdi Mohamed steps down after 32-year career

Abdi Mohamed will step down as chief executive of Absa Bank Kenya on June 30, ending a three-year tenure atop one of Kenya’s largest lenders and a 32-year career that spanned the bank’s transformation from Barclays to Absa. In a Monday statement, the bank said Mohamed would leave to pursue other career opportunities. Chief financial officer Yusuf Omari will take over as interim chief executive from July 1, subject to regulatory approval.