Stanbic Holdings PLC has picked former Nation Media Group (NMG) CEO Joseph Muganda to chair its board from January 1, 2024, following the retirement of Kitili Mbathi who has held the position since May 9, 2019.
In a public notice on Thursday, the lender said Mr Mbathi will be proceeding on retirement as director and chairman on December 31, 2023, ending his 16-year service at the company’s board which he joined as a non-executive director on October 9, 2007.
