Liberty Kenya Holdings Appoints Richard Etemesi as New Chairman After Odera’s Exit
Liberty Kenya Holdings PLC has announced a major leadership transition with the retirement of its long serving chairman, Phillip Odera, effective September 7, 2025. The company made the announcement through a public notice on Tuesday, confirming that Mr Odera will step down from both his role as a director and chairman of the board.
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Mr. Odera joined the board in September 2016 as a non-executive director and later assumed the position of board chairman in October 2018. During his tenure, he also served as the Chairman of the Liberty Kenya Holdings Directors Affairs and Remuneration Committee.
In a statement, the board expressed its appreciation for Odera’s contribution. “We sincerely appreciate Odera for his exceptional service and leadership, commitment and dedication over the years and wishe him the best in his future endeavours,” expressed the board.
Following Odera’s exit, the board has appointed Richard Etemesi as the new chairman. Etemesi, who joined the board as an Independent Non Executive Director on July 17, 2025, received approval from the Insurance Regulatory Authority for his appointment on August 7, 2025.
With a career spanning over 34 years in financial services across Africa, Asia and the Middle East, Etemesi brings a wealth of experience to his new role.
The board expressed confidence in his leadership, stating: “The board wishes Etemesi the best in his role as board chairman and looks forward to his leadership.”
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The transition is seen as part of Liberty Kenya Holdings’ strategic efforts to strengthen governance and leadership as the company navigates the evolving financial services landscape.
The announcement was signed by Company Secretary Doreen N. Orwonga on September 2, 2025 and issued with the approval of the Capital Markets Authority.
