The National Bank of Kenya (NBK) on Monday said it has appointed Peter Kioko as acting Managing Director with effect June 10, 2022.

Kioko is currently the Director of Finance, and Strategy at NBK, having joined the bank in November 2016. He takes over from Paul Russo who was appointed as the KCB Group CEO on May 25.

He brings to this new role, 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 and Kenya Shell / BP Limited as the Group Financial Controller.

Kioko 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.

“KCB Group is delighted to have Peter steer National Bank to greater heights as he has played a pivotal role in driving the transformation of the bank, ” Paul Russo while announcing the appointment.


Khusoko is now on Telegram. Click here to join our channel and stay updated with the latest East African business news and updates.

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Leave A Reply Cancel Reply
Exit mobile version