Kenyan lender KCB picks banking subsidiary head Paul Russo as group CEO

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Kenyan lender KCB picks banking subsidiary head Paul Russo as group CEO
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Kenya's second-biggest lender by assets, KCB Group , named Paul Russo, a human resources expert who turned around a subsidiary bank, as its new chief executive.

Customers wait to be served in the banking hall at the Kenya Commercial Bank , Kencom branch in Nairobi, Kenya July 10, 2018. REUTERS/Thomas Mukoya, named Paul Russo, a human resources expert who turned around a subsidiary bank, as its new chief executive.

Russo served as group head of human resources at KCB before being appointed to run NBK in 2019 after it was acquired by KCB.Under his stewardship, NBK's fortunes were transformed and the subsidiary's profit grew more than four times to reach 1.1 billion shillings last year.

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