The National Bank of Kenya (NBK) has appointed Peter Kioko as acting Managing Director effective June 10, 2022.
Kioko will take over from Paul Russo who was appointed as the KCB Group CEO on 25th, May.
“KCB Group is delighted to have Peter steer National Bank to greater heights. Peter has played a pivotal role in driving the transformation of the National Bank. Hence his appointment reflects our commitment to continue strengthening the business,” said Russo, the current KCB Group CEO.
Peter is currently the Director of Finance and Strategy at NBK, having joined the bank in November 2016.
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 and Audit, Stanbic Bank as the Finance Manager – Corporate and Investment Banking as well as Kenya Shell / BP Limited as the Group Financial Controller.
Before joining the National Bank, he also worked at EABL as the Finance Director.
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. He is also a member of ICPAK.