Nairobi, April 28 -- Absa Bank Kenya spent Sh717 million on voluntary separation with 82 of its employees in January this year, joining peers who have rolled out similar schemes amid accelerated use of technology across the banking sector.

The lender revealed that the voluntary exit programme was completed at the end of January 2026, and was not reflected in the staff numbers for the year ended December 2025.

Absa did not explain the reasons for the staff exit scheme, though it came in the wake of continued investment in technology. The lender says it spends between Sh2 billion and Sh3 billion on technology every year.

Read: Absa bets on tech budget to power digital drive

Many organisations use voluntary exit programmes to cut co...