Nairobi, June 28 -- Abdi Mohamed has resigned as Absa Bank Kenya chief executive officer (CEO) three years after he took the job.

The Business Daily has established that a leadership transition is already underway at the bank.

Long-serving chief financial officer Yusuf Omari is expected to hold the fort at the corner office, as he did in October 2022 when the then CEO, Jeremy Awori, stepped down to take a job at Ecobank Transnational.

Sources indicate that Mr Mohamed, who took over as Absa Bank Kenya boss on May 1, 2023, is set to take up a leadership role at another bank within the Kenyan market. Some sources linked him to a new role at regional lender I&M Bank even though the Business Daily could not immediately verify that.

Mr Moha...