The Board of Directors of Stanbic Holdings Plc has announced leadership changes at the company. In a notice dated Thursday, February 12, 2026, the Board confirmed the retirement of Patrick Mweheire as Chief Executive and Director, effective February 28, 2026. “The Board of Directors of Stanbic Holdings Plc (‘the Company’) announces the retirement of Mr
Standard Bank Group’s Kenyan subsidiary, Stanbic Holdings, is reportedly in advanced talks to acquire NCBA Group Plc in a deal that could reshape Kenya’s banking landscape. According to Bloomberg, the merger would create the country’s third-largest lender with combined assets valued at approximately KSh1.1 trillion (US$8.5 billion). NCBA, which currently holds a market valuation of