Peter Kioko replaces Russo as National Bank managing director in interim capacity

Peter Kioko replaces Russo as National Bank managing director in interim capacity

National Bank of Kenya (NBK) Board has appointed Peter Kioko as the Managing Director in an interim capacity, effective June 10, 2022.

The position became vacant following the appointment of Paul Russo as the KCB Group PLC Chief Executive Officer on May 25, 2022.

“KCB Group is delighted to have Peter steer National Bank to greater heights. Peter has played a pivotal role in driving the transformation of the National Bank. Hence his appointment reflects our commitment to continue strengthening the business,” said Russo, the current KCB Group CEO.

Peter is currently the Director, Finance and Strategy at NBK, having joined the bank in November 2016.

He has over 25 years of cumulative financial management experience having served in an array of leadership roles in various local and international organizations. This includes East African Breweries Group Limited as the Head of Risk & Audit, Stanbic Bank as the Finance Manager – Corporate and Investment Banking as well as the Kenya Shell / BP Limited as the Group Financial Controller.

Prior to joining National Bank, he worked at EABL as the Finance Director.

He holds a Bachelor of Commerce (Accounting Option) from the University of Nairobi, a Post Graduate Diploma from the University of Bradford, and is a Certified Public Accountant.

He is also a member of ICPAK

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Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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