Global lender Citi just poached Martin Mugambi from Commercial Bank of Africa to oversee its operations in Zambia, Kenya, Tanzania and Uganda.
In a statement, the firm said Mr Mugambi, who was CBA’s group executive director in charge of subsidiary businesses and digital banking, will take over as Citi Country Officer Kenya and the East Africa cluster, a position earlier held by Joyce-Ann Wainaina, who has been appointed as Citi’s Global Subsidiaries Group sub-Saharan Africa head. Mr Mugambi took up the position at CBA in November 2016.
As the group executive director, he provided oversight over subsidiary countries the lender operates in.
Prior to CBA, he was CEO and managing director for Citibank Zambia Limited, a position he was appointed to in November 2014.