Standard Group CEO Chaacha Mwita Resigns, Three Directors Appointed
The Standard Group PLC has announced the resignation of Group Chief Executive Officer Chaacha Mwita, alongside the appointment of three independent non-executive directors to its board.
In a notice to shareholders and the public, the media company said Mwita’s resignation would take effect on November 1, 2026.
The board expressed appreciation for his service, citing his dedication and contribution to the company, and wished him well in his future endeavours.
The company did not disclose the reasons for his resignation or name a successor in the announcement.
Separately, Standard Group appointed Anthony Ambaka Kegode, Tom Odongo and Elishah Njeru as independent non-executive directors, effective October 15, 2026.
Three directors join the board
Kegode brings more than 30 years of experience in business leadership, corporate finance, regulatory compliance and strategic management in Kenya and the United States.
He founded and led East African Safari Air and currently directs private companies with interests in agribusiness, real estate and investment management. His qualifications span international law, finance, sociology and computer science, including studies at Harvard University and the University of New Hampshire.
Odongo has more than 20 years of senior leadership and management experience, with expertise in investment strategy, organisational transformation, institutional leadership and cross-border capital deployment.
He holds an MBA in Strategic Management from the University of Nairobi, is a Certified Public Accountant (CPA) and has served on boards across different sectors.
Njeru, a finance and business leader, has more than two decades of experience in financial management, risk oversight, commercial operations and public service across East, West and Central Africa.
He has held senior financial leadership positions in multinational organisations and recently served in a public-sector adjudicative role involving the consideration and determination of tax appeals. He has also chaired a Finance and Planning Committee responsible for budgeting, work planning and expenditure oversight.
Njeru is a CPA and a member of the Institute of Certified Public Accountants of Kenya (ICPAK). He holds a Bachelor of Science in Business Administration from the United States International University and is pursuing a Master of Arts in Sustainable Development, focusing on governance, at Tangaza College of the Catholic University of Eastern Africa.
The appointments and resignations were announced by Company Secretary Catherine Kawira in notices issued under the Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023.
