NCBA Group PLC appointed Muhoho Kenyatta as a Non-Executive Director effective December 1, 2025, citing his over 35 years of business leadership across East Africa.
The Kenyatta family holds a 13.2 per cent stake in NCBA through Enke Investments Limited. The bank says he brings a strong record in governance and strategic growth, having previously served within the Group for nearly two decades.
The notice released on Wednesday describes Kenyatta as an accomplished business executive with over 35 years of experience in leading and developing businesses across East Africa, with a career spanning diverse sectors including manufacturing, healthcare, insurance, and banking.
NCBA says this breadth of experience positions him as a key addition to the Board as the Group continues to strengthen its governance and growth agenda.
His appointment comes against the backdrop of the family’s significant shareholding in the institution.
The Kenyatta family holds a 13.2 per cent stake in NCBA Group PLC through Enke Investments Limited, reaffirming the family’s longstanding connection to the bank’s ownership and governance structure.
The Board’s communication highlights his extensive boardroom experience across Kenya’s economic landscape.
According to the notice, he has previously served on the boards of several national and industry development organisations, including the Kenya Association of Manufacturers, Kenya Private Sector Alliance, Kenya Dairy Board, Kenya Dairy Processors’ Association, Kenya Shippers Council, and the Kenya Sisal Board, among others.
NCBA says he brings a strong track record in business leadership, governance, and strategic growth.
Kenyatta is also not new to the NCBA ecosystem. He previously served as Deputy Chairman of one of the predecessor institutions of NCBA between 2000 and 2019, and as a director of NCBA Bank Uganda.
NCBA notes that he has continued to contribute to the Group’s broader digital expansion, stating that he “continues to support the Group’s growth in its digital strategy as a member of the Board of LOOP DFS Limited, a wholly owned subsidiary of NCBA Group PLC.”
His educational background, as outlined in the notice, includes a Bachelor of Arts (Honours) degree in Economics and Political Science from Williams College, Massachusetts, USA.
He also holds a Pan-African Advanced Management Program Certification jointly offered by IESE Business School, University of Navarra, Spain, and Strathmore University Business School.
The Board further notes that he holds “several executive leadership and corporate governance certifications.”
The appointment is presented as part of NCBA’s broader strategy to strengthen board leadership with individuals who have deep institutional knowledge and experience in East Africa’s corporate landscape.
The Board expressed confidence in his ability to contribute meaningfully to the Group’s next phase of development.
In the formal statement, the Board wrote, “The Board congratulates Kenyatta on his appointment and welcomes him to the NCBA Group PLC Board.”
The notice, signed by Group Managing Director John Gachora and dated November 26, 2025, reaffirms that the announcement is issued “By order of the Board,” reinforcing the formality and significance of the appointment.
NCBA Group PLC, which operates under the oversight of the Central Bank of Kenya and the Capital Markets Authority, emphasized that the appointment aligns with its governance structure and future strategic priorities.
With Kenyatta’s long history in business leadership, prior board roles, and previous involvement in NCBA’s predecessor institutions, the Group says his presence on the Board is expected to enhance oversight, strategic direction, and long-term value creation.
