Former Roads Cabinet Secretary, James Macharia was appointed as the Chairman of Sidian Bank in changes.
He took over from Centum Investment Company Group CEO, Dr James Mworia.
The announcement was made after days of speculations over his take over.
Macharia is a veteran banker who has had a 42-year career journey, both in the private and public sectors, with responsibilities across a variety of areas.
He served as a Cabinet Secretary for transport, and later Health in President Uhuru Kenyatta’s Cabinet.
“I’m happy to be joining Sidian Bank at a very exciting growth phase of the business.
I thank my predecessors for a job well done, as I look forward to an exciting and transformational journey ahead,” Macharia said in a statement.
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