The Mt Kenya Times 
I&M Bank Kenya has appointed Abdi Mohamed as its new Chief Executive Officer
The new CEO takes charge as the lender doubles down on digital growth and deeper customer engagement
By Hadassah Karangu
I&M Bank Kenya has appointed Abdi Mohamed as its new Chief Executive Officer with effect from October 5, 2026, following regulatory approval by the Central Bank of Kenya.
Mohamed steps into the role at a moment of considerable movement across Kenya’s banking sector. Technological innovation, shifting customer expectations and intensifying competition among lenders are reshaping what banks must offer and how quickly they must move to remain relevant. The days when a broad branch network and a range of conventional products were sufficient to hold customer loyalty are giving way to a more demanding environment — one in which speed, convenience, personalisation and digital accessibility increasingly determine where people choose to bank.
His appointment is therefore expected to bring renewed focus to I&M Bank’s growth agenda, its digital transformation priorities and its efforts to deepen relationships with both existing and prospective customers. The bank will be watching closely how Mohamed translates those ambitions into tangible services and experiences that resonate in a crowded and fast-moving market.
The wider context is significant. Kenyan banks have invested heavily in digital platforms and mobile banking in recent years, and the ability to keep pace with that shift — while maintaining sound governance and financial stability — has become one of the defining tests of executive leadership in the sector. For a new chief executive, that balance between innovation and discipline is not an occasional consideration but a constant one.
For I&M Bank, the change in leadership represents more than a straightforward transition at the top. It arrives at a defining moment for an institution, and an industry, being reshaped by forces that show no sign of slowing. As Mohamed begins his tenure, the bank’s attention will turn to how effectively he positions I&M to grow, compete and serve Kenyans through what promises to be a period of continued transformation across the financial services sector.
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