Africa Leadership Magazine has named KCB Group Chief Executive Officer (CEO) Paul Russo the African Business Leader of the Year.
The ranking followed rigorous and competitive competition in Africa with leadership qualities, transformative vision, and outstanding contributions being key selection criteria.
Since he assumed the role of CEO, Russo has been unwavering in his commitment to innovation and sustainability, driving socio-economic development across the region and inspiring a future of continuous growth and progress for KCB.
The lender’s asset value grew to Kes 2 trillion during his tenure.
It also reclaimed the title of the most profitable bank in East Africa after posting a 69 percent rise in Q1 net profit to Kes 16.5 billion.
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Speaking after being feted, Russo said the award shows the collective efforts of the entire KCB team and ots commitment to driving positive change and sustainable growth across this region.
“I am humbled by this acknowledgement and remain dedicated to advancing our mission of transforming lives and communities through innovative banking solutions.”
The Africa Leadership Business Leadership Awards (ABLA) honor exceptional corporate practices and outstanding achievers in Africa’s business landscape and private sector.
“The winners exemplify the spirit of innovation, resilience and excellence driving growth and development across the continent,” African Leadership Organization Chairman and Publisher of Africa Leadership Magazine Ken Giami said.
