Appointed as the Chief Executive Officer (CEO) of Kenya Commercial Bank in 2022, Paul Russo has continued the trajectory of placing KCB as one of the most formidable financial institutions in the East African region.
Under his guidance, KCB has continued to expand its footprint in the East African market, offering innovative financial solutions to its customers.
Russo holds a Bachelor of Business Management (BBM) degree from Moi University and Strathmore University.
He is credited with shaping the bank's strategic direction and fostering a positive employee work environment.
Russo emphasizes the importance of resilience in the corporate world, believing that consistent hard work and perseverance are key to success.
Due to this commitment, KCB has seen exponential growth and development.
Under Russo’s leadership, KCB recorded a Ksh45.8 billion profit after tax for the first nine months of 2024, driven by sustained revenue growth. This represents a 49 percent increase from the Ksh30.7 billion posted during the same period last year.
Revenues increased by 22 percent to Ksh142.9 billion, bolstered by funded and non-funded lines across the subsidiaries.