The National Bank of Kenya (NBK) has appointed Peter Kioko as the acting Managing Director for the Bank, effective June 10, 2022.

Kioko takes over from Paul Russo, who was recently appointed as the KCB Group PLC Chief Executive Officer on May 25, 2022.

“KCB Group is delighted to have Peter steer National Bank to greater heights. Peter has played a pivotal role in driving the transformation of National Bank. Hence his appointment reflects our commitment to continue strengthening the business,” Mr Russo said.

Current role at NBK

Peter is currently the Director, Finance and Strategy at NBK, having joined the bank in November 2016.

Kioko previously worked for East African Breweries Group Limited (EABL) as the Head of Risk and Audit, Stanbic Bank as the Finance Manager – Corporate and Investment Banking as well as the Kenya Shell/BP Limited as the Group Financial Controller.

Prior to joining National Bank, he worked at EABL as the Finance Director.

He 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. He is also a member of ICPAK.