Recognise Bank CEO exits; KCB extends term of current CEO

S&P Global Market Intelligence presents a daily roundup of senior management and board changes at financial institutions in Europe, the Middle East and Africa.

Recognise Bank

Jason Oakley, CEO and co-founder of Recognise Bank Ltd., stepped down from the U.K.-based bank, which is the principal operating unit of City of London Group PLC.

Bryce Glover, deputy CEO and co-founder, has been appointed interim CEO with immediate effect.

The board started the process of selecting the new CEO.

KCB

KCB Group PLC extended for the second time the contract of CEO Joshua Oigara until Dec. 31, Business Daily Africa reported, citing an unnamed Capital Markets Authority official.

Oigara previously said he would retire at the end of his second term at 2021-end. He did not respond to the daily's calls requesting for comment.

The Kenyan lender continues to search Oigara's successor, according to the report.

Curve

Curve OS Ltd. COO Nathalie Oestmann, is exiting the British financial technology company, AltFi reported, citing Oestmann's LinkedIn account.

Oestmann said she will make her next move after taking a short break.

The fintech company did not respond to AltFi when asked who will succeed Oestmann.

Mattioli Woods

Mattioli Woods PLC appointed David Kiddie nonexecutive chairman.

Kiddie succeeds Joanne Lake who has stepped down from the U.K.-based wealth manager's board with immediate effect.

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