Dr. Soumendra K. Dash Appointed as Board Chairperson at SBM Bank Kenya

Dr. Soumendra K. Dash has been appointed as Board Chairperson of SBM Bank Kenya, bringing extensive experience in financial risk management, banking, corporate governance and strategic leadership to the role. His appointment is expected to contribute to strengthening the bank’s board oversight and supporting its strategic growth agenda.

Dr. Dash currently serves as Senior Vice President, Risk Management at Africa Finance Corporation, where he focuses on risk assessment and management. Previously, he spent over 13 years at the African Development Bank Group as Principal Credit Risk Officer, gaining extensive experience in transaction risk and sovereign risk assessment.

His professional journey also includes serving as Chief Economist and Head of Sovereign Risk at CARE Ratings, alongside academic experience as Professor of Capital Market and Financial Risk at IFIM (DSJ Group). He also serves on the Compliance and Best Practice Committee of the African Private Capital Association, adding further depth to his experience in governance and risk oversight.