Ex-Health CS James Macharia Named Sidian Bank Chairman


Former Health Cabinet Secretary James Macharia has been appointed as the new Chairman of Sidian Bank, taking over from Centum Investments CEO James Mworia, who has held this role since 2014.

  The bank has stated that Mworia will continue to serve on the Sidian Bank board. Macharia, who possesses extensive experience in accountancy, consultancy, financial management, and commercial banking, began his professional journey at Deloitte’s Tax Consultancy Division in London before returning to Kenya in 1989. He subsequently worked at Standard Chartered Bank and the African Banking Corporation, where he advanced to the position of Managing Director for the Zambian and Tanzanian operations. In 2005, he was appointed Group Managing Director of NIC Bank, overseeing its expansion into Tanzania and Uganda. Macharia entered public service in 2013, where he held the position of Cabinet Secretary in the Ministries of Health, Transport, Infrastructure, Housing, and Public Works, in addition to serving as Acting CS for Water and Irrigation. He earned a Bachelor of Commerce degree from the University of Nairobi and an MBA from Henley Management College in the UK. He is also a Certified Public Accountant (Kenya) and a Chartered Accountant with the Institute of Chartered Accountants in England and Wales. Sidian Bank has also announced the addition of two new board members — Prof. Paul Gachanja and Apollo Ong’ara. Prof. Gachanja serves as an Associate Professor of Economics and Registrar (Administration and Finance) at Kenyatta University, while Ong’ara is a Financial Consultant and the Managing Partner of Baker Tilly.

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