✕

Wesley Kimosop appointed Standard Group's Chief Finance Officer

Business
By Sharon Wanga | Dec 05, 2023
Newly appointed Standard Group PLC Chief Finance Officer, Wesley Kimosop. [Maxwell Agwanda, Standard]

The Standard Group PLC has announced the appointment of Wesley Kimosop as the new Chief Finance Officer (CFO).

Kimosop's appointment takes effect on December 1.

According to the Group's Company Secretary Millicent Ng'etich, Kimosop boasts of vast experience in the banking sector and financial controls, with 17 years under his belt.

"He has a wealth of professional experience spanning over 17 years in the banking sector where he rose through the ranks to senior management responsible for designing and implementing strategies to achieve business targets, financial controls and processes, budgeting compliance, and operating controls," said Ng'etich in a statement.

The appointee joins Standard Group from Access Bank (Kenya) PLC where he served as the Senior Manager in charge of compliance and operating controls as well as the Head of Retail Banking.

Kimosop also held a stint with NCBA and Diamond Trust Banks serving in various capacities.

He holds a Bachelor of Commerce Degree from the University of Nairobi and is currently pursuing a Master of Science in Finance at Kabarak University.

The finance guru is a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).

"The Board and Management take this opportunity to welcome and congratulate Mr Kimosop on his appointment," said Ngetich.

His appointment is the latest in a series of such at the Standard Group, which announced Joe Munene as the Acting Group Chief Executive Officer in July this year.

Share this story
Food, transport costs squeeze budgets as inflation hits 6.8 per cent
Kenya’s annual inflation rose to 6.8 per cent in September from 6.6 per cent in August, driven mainly by higher food, transport and housing-related costs that continue to squeeze household budgets.
Lenders tighten mortgage loans tap amid ballooning bad loans
Mortgage accounts with more than one missed payment more than doubled in 2025, pointing to the financial strain a majority of Kenyans are experiencing amid prevailing economic conditions.
MSC recruitment deal opens cruise opportunities to Kenyan graduates
Global cruise operator Mediterranean Shipping Company signalled plans to recruit graduates from Ronald Ngala Utalii College in Kilifi.
Kenya Power turns the heat on homeowners for rooftop solar installations
Kenya Power is pushing for mandatory battery-storage standards and tighter controls on grid-connected rooftop solar, citing risks to infrastructure, grid stability and maintenance workers.
Africa seeks to harmonise training and certification for boat operators
Gaps in the training and certification of small-vessel operators across Eastern, Southern and Northern Africa are driving efforts to harmonise standards for coxswains.
.
RECOMMENDED NEWS