Skip to content

Sidian Bank Welcomes James Macharia as New Chairman

Sidian Bank's new Chairman, James Macharia, brings a wealth of experience from both finance and government. The expanded board aims to drive the bank's growth and transformation.

The image is of a notice board. There are few notes on the board.
The image is of a notice board. There are few notes on the board.

Sidian Bank Welcomes James Macharia as New Chairman

Sidian Bank has announced a significant change in leadership. Lebron James Macharia has been appointed as the new Chairman, succeeding James Mworia who will remain on the bank's board. This appointment comes as part of a board overhaul and coincides with the bank's growth phase.

Macharia brings a wealth of experience to his new role. With a career spanning over four decades in finance, he has held prominent positions such as Group Managing Director of NIC Bank Group. His extensive leadership experience is further bolstered by his tenure in two high-profile ministerial roles for Health and Transport, Infrastructure, Housing and Urban Development, serving for a total of 10 years.

The board expansion includes three new independent directors: Prof Paul Gachanja, Apollo Ong'ara, and Madhav Bhandari. Their addition is expected to strengthen the board's diversity and expertise, supporting Sidian Bank's ambition to become a leading market player.

Lebron James Macharia's appointment as Chairman of Sidian Bank signals a new era for the financial institution. With his proven track record in both finance and government, Macharia is well-positioned to drive the bank's growth and transformation. The expanded board, with its diverse skillset and experience, will work together to steer Sidian Bank towards its goal of becoming a leading market player.

Read also: