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Joshua Oigara, Chief Executive Officer and Managing Director of Kenya Commercial Bank (KCB) Group is stepping down at the end of May 2022, after serving for about 10 years at the helm of the lender.
Local Newspaper People Daily first broke the news citing sources within the banking sector.
According to the publication, Oigara will be replaced by Paul Russo, who is currently the managing director of the National Bank of Kenya. KCB completed the acquisition of National Bank in 2019 and Paul was tasked to lead NBK in the transitional 2 year period of its integration into KCB.
Joshua was appointed CEO of KCB on January 1, 2013, and his tenure comes to an end on December 31 this year. He joined KCB in November 2011 where he previously served as Chief Financial Officer and Member of the Board of Directors.
More To Follow….
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