Muhoho Kenyatta has returned to the helm of NCBA Group’s leadership structure after the lender announced his appointment as a non-executive director, deepening the Kenyatta family’s influence at the tier-one bank where they are significant shareholders.
In a public notice, NCBA said Mr Kenyatta’s appointment to the NCBA Group PLC board takes effect from 1st December 2025.
“The Board of Directors of NCBA Group PLC is pleased to announce the appointment of Mr. Muhoho Kenyatta as a Non-Executive Director, effective 1st December, 2025,” said the lender in the notice signed by Group Managing Director John Gachora and dated November 26 2025.
The Kenyatta family, through Enke Investments Limited, holds a 13.2 per cent stake in NCBA, making them one of the bank’s largest shareholders.
His return to the board is likely to be read in the market as a strategic move by the influential family to consolidate its position and guide the bank’s next phase of growth.
NCBA described Mr Kenyatta as an accomplished business executive with over 35 years of experience in East Africa’s corporate scene, spanning multiple sectors from industry to finance.
“Mr. Kenyatta is an accomplished business executive with over 35 years of experience in leading and developing businesses across East Africa, spanning diverse sectors including manufacturing, healthcare, insurance, and banking,”says Gachora
He is not a stranger to the lender.
Mr Kenyatta previously served as Deputy Chairman of one of NCBA’s predecessor institutions between 2000 and 2019, giving him nearly two decades of boardroom experience within the group’s history.
He has also served as a director of NCBA Bank Uganda, offering him regional exposure in the group’s operations.
Beyond the bank, he has held influential positions across key private sector and regulatory bodies, underscoring his stature within corporate Kenya.
“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 Kenya Sisal Board, among others,”the notice states.
According to NCBA, Mr Kenyatta brings to the NCBA Group Board a strong track record in business leadership, governance, and strategic growth, qualities expected to be critical as the lender navigates a competitive banking landscape, rising digital adoption, and regional expansion.
Even before his latest appointment, Mr Kenyatta has remained involved in NCBA’s strategic direction, particularly in the fast-growing digital financial services space.
“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,”
the bank said.
LOOP DFS is the group’s digital financial services arm, and his continued presence there signals that his new board role will likely intersect with NCBA’s push to scale up tech-driven products, mobile lending, and digital banking platforms targeting younger and more tech-savvy customers.
NCBA also highlighted Mr Kenyatta’s academic and governance credentials as part of the rationale for his appointment.
“Mr. Kenyatta holds a Bachelor of Arts (Hons) degree in Economics and Political Science from Williams College, Massachusetts, USA, and a Pan-African Advanced Management Program Certification jointly offered by IESE Business School, University of Navarra (Spain) and Strathmore University Business School,”reads the public notice.
“He also holds several executive leadership and corporate governance certifications,” the lender added, underscoring the board’s focus on strengthening governance and strategic oversight at a time when banks are under closer regulatory and public scrutiny.
In closing the announcement, NCBA’s board formally welcomed him back into the fold.
“The Board congratulates Mr. Kenyatta on his appointment and welcomes him to the NCBA Group PLC Board,”the notice concludes, under the signature, “By order of the Board, John Gachora, Group Managing Director.”
NCBA Group PLC, which is regulated by the Central Bank of Kenya and the Capital Markets Authority, has in recent years pursued an aggressive regional and digital growth strategy.
Mr Kenyatta’s appointment as a non-executive director is expected to reinforce continuity in ownership influence while tapping into his long-standing experience in corporate leadership, sectoral policy, and regional business expansion.
