Paul Russo to replace Joshua Oigara as KCB boss

Joshua Oigara’s term at the Kenya Commercial Bank (KCB) has come to an end following a ten-year reign at one of Kenya’s most profitable bank.

Sources reveal that the bank is set to replace Oigara with Paul Russo, who is currently the Managing Director of the National Bank of Kenya (NBK).

Russo served as group head of human resources at KCB before being appointed to run NBK in 2019 after it was acquired by KCB.

He previously worked at Barclays and PwC.

KCB’s growth under Oigara included the acquisition of lenders in Tanzania and Rwanda.

Oigara’s term at KCB was quietly extended by a year in search for his successor.

This was the second extension for the 47-year old who earlier said he was open to ending his nine-year term end of last year.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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