Standard Chartered Bank Kenya Limited has made announcements regarding changes to its Board of Directors, with the departures of Dr. Catherine Adeya and Ms. Julie Browne.
In a notice released on January 2, 2025, the bank revealed that Dr. Catherine Adeya, who had served as an Independent Non-Executive Director for nine years, officially retired from the role as of December 31, 2024. During her tenure, Dr. Adeya was praised for her exceptional vision and dedication, with her contributions playing a key role in shaping the bank’s strategic direction, strengthening its governance practices, and contributing to its overall success.
“The bank acknowledges Dr. Adeya’s outstanding service, highlighting how her leadership greatly influenced the institution’s strategy, governance, and achievements,” the statement said.
Meanwhile, the bank also announced that Ms. Julie Browne stepped down from her position as a Non-Executive Director on December 31, 2024. Ms. Browne had joined the Board on December 15, 2020, and was recognized for her valuable contributions to the bank’s growth during her time on the Board.
“The Board expresses sincere gratitude for Ms. Browne’s dedicated service and extends its best wishes for her future endeavors,” the notice added.
The changes to the board were made with approval from the Capital Markets Authority, in compliance with the regulations outlined in the Capital Markets (Public Offers, Listings, and Disclosures) Regulations, 2023.
