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Consolidated Bank has announced the appointment of its new Chief Executive Officer (CEO).
In a notice dated Friday, February 20, 2026, the Company’s Board of Directors announced the appointment of Dr. Dominic Murage as its new CEO, who will serve in an acting capacity.
“The Board of Directors of Consolidated Bank of Kenya Limited is pleased to announce the appointment of Dr Dominic Murage, PhD, CPA (K), CS (K) as the Acting Chief Executive Officer, effective 12th October 2025,” read part of the notice.
Consolidated Bank Announces Appointment of Dr Dominic Murage as Acting CEO
The Board stated that following his appointment, the Central Bank of Kenya completed the required regulatory vetting, resulting in formal approval and clearance.
Dr. Murage is a seasoned finance professional and strategic leader with over twenty (20) years of distinguished experience in Management Taxation, Public Finance, Policy Analysis, Consultancy, Corporate Governance, Research, and Training.
According to the Board, his extensive career in both Public and Private service has enabled him to build a strong and credible professional network across key Government and Private sector institutions.
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Education Background of the Acting CEO
He holds a Bachelor of Business Administration (Finance) and a Master of Business Administration (MBA) in Accounting from the University of Nairobi. He is a Certified Public Accountant of Kenya (CPA-K), a Certified Secretary (CS-K), and a member in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK).
At the same time, the Consolidated Bank Board of Directors stated that Dr. Murage’s vast experience will help steer the company’s growth to the next level.
“The Board expresses its full confidence in Dr. Murage’s ability to provide strategic, visionary leadership and to propel the Bank to the next level of growth and performance. Leveraging his extensive public and private sector experience and strategic networks, he is well-positioned to strengthen partnerships, enhance operational excellence, and accelerate the delivery of the Bank’s strategic priorities,” read the notice.
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The Board further assured Dr. Murage of its unwavering support as he leads the Bank into its next phase of transformation and what it termed sustained success.
Consolidated Bank of Kenya is a government-owned commercial bank established in 1989 to stabilise the financial sector.
Headquartered in Nairobi, it focuses on SME banking and provides products and services through 12 branches and digital channels. The bank is majority-owned by the National Treasury.
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Collage photo of Dominic Murage. PHOTO/Consolidated Bank
