His place will be taken by Timothy Kabiru, the Deputy CEO, in an acting capacity when Kimani leaves next month.
Kimani will however retain his seat on the board, according to board chairman Richard Kiplagat, who said that Mr Kimani will be available for consultations during the transition period.
“He will continue to support the bank through the transition which we expect to be smooth as his successor has been an insider at the bank,” said Mr Kiplagat.
Read: World Bank President Jim Yong Kim Resigns Three Years To Retirement
In 2016, Mr Kimani was appointed the chairman of the Nairobi Securities Exchange (NSE), taking over from former KenGen MD Mr Eddy Njoroge.
He has previously worked at the Kenya Commercial Bank (KCB) in the capacity of a Finance Director and later as the Deputy CEO. He also worked at Central Bank of Kenya as the Chief Banking Manager and Deputy Director, Financial Markets.
Mr Kimani holds a Bachelor of Science Degree in civil engineering and an MBA from the University of Nairobi.
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