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Standard Chartered backs CFO Awards in push to strengthen financial leadership

Partnership aims to help senior finance executives sharpen their strategic and wealth preservation capabilities

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by STAR REPORTER

News03 December 2025 - 07:00
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In Summary


  • The bank says the role of CFOs has widened significantly, with leaders now expected to guide both corporate and personal wealth planning amid heightened economic volatility.
  • “Kenya’s trajectory is increasingly tied to the ability of its corporate leaders to balance short-term performance and long-term wealth creation,” said Edith Chumba, Head of Wealth & Retail Banking, Standard Chartered Kenya & East Africa.
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Edith Chumba, Head of Wealth & Retail Banking, Standard Chartered Kenya & East Africa, and KC Rottok Chesaina, CFO East Africa’s EA Director, Executive Communities, during the launch of the partnership with CFOs East Africa aimed at strengthening financial leadership and wealth management capabilities among Chief Financial Officers (CFOs) and senior finance professionals across Africa./HANDOUT
Standard Chartered Bank has deepened its support for financial leaders across East Africa through a new partnership with CFOs East Africa, marking a major step in strengthening wealth management and leadership skills among chief financial officers in the region.

The partnership builds on the bank’s sponsorship of the 2025 CFOs East Africa Awards and introduces an expanded advisory programme aimed at helping senior finance executives sharpen their strategic and wealth preservation capabilities.

The initiative will deliver wealth management advisory services to more than 400 top financial decision-makers across East Africa.

The programme will target CFOs from global, African, and local organizations, including public sector institutions, development finance bodies, and private companies.

The bank says the role of CFOs has widened significantly, with leaders now expected to guide both corporate and personal wealth planning amid heightened economic volatility.

“Kenya’s trajectory is increasingly tied to the ability of its corporate leaders to balance short-term performance and long-term wealth creation,” said Edith Chumba, Head of Wealth & Retail Banking, Standard Chartered Kenya & East Africa.

“By partnering with CFOs East Africa, we are positioning our finance talent to lead with insight, agility, and a wealth preservation mindset that fuels sustainable growth. We congratulate all the winners at the inaugural CFO’s E.A. Awards.”

CFOs East Africa Executive Communities Director KC Rottok Chesaina said the partnership will elevate how financial leaders approach value creation.

“When a CFO can speak fluently about risk-adjusted returns and wealth preservation, the boardroom shifts from cost control to value creation. Standard Chartered’s expertise gives our members that competitive edge.”

This year’s CFO East Africa Awards recognised outstanding performance and strategic leadership among top finance executives in the region.

Safaricom Group CFO Dilip Pal won East Africa’s CFO of the Year, as well as the Strategy Execution Award for leading the company’s entry into Ethiopia.

MTN Uganda CFO Andrew Bugembe took home the Finance Transformation Award, while Vodacom Tanzania Finance Director Hilda Bujiku won the High-Performance Team Award. Standard Chartered says the awards align with its mission to empower businesses navigating economic volatility, geopolitical uncertainty and policy shifts.

The Bank offers a comprehensive suite of wealth management and investment advisory services for corporates and small and medium-sized enterprises, supporting leaders with financial planning, risk analysis, and investment strategy.

The CFO East Africa Awards celebrate excellence, innovation, and strategic foresight among CFOs in listed companies, state-owned entities, government institutions, and major corporations.

The awards highlight financial executives who have made significant contributions to their organisations and the broader business community.

Standard Chartered, which has operated in Kenya for more than 110 years, says the partnership reflects its long-standing commitment to supporting economic growth and advancing professional excellence across the region.

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