Our Leaders

Board of Directors

• Lawrence Njiru Chairman
  

  Lawrence Njiru

  Chairman

  Lawrence holds a Bachelor of Commerce (Accounting) degree from Kenyatta University and is a member of the Institute of Certified Public Accountants of Kenya (CPA-K). He has over 20 year’s senior management experience in business strategy, finance, commercial, audit and accounting. He worked at Standard Media Group Kenya Limited as Assistant Group Commercial Director and also served as Group Financial Controller in the same Group. Prior to this, he worked as a senior auditor at KPMG East Africa.

  OTHER DIRECTORSHIPS: Lawrence is a non-executive director of Kenya Seed Company Limited where he chairs the Audit committee. He also serves as the Chairman of Simlaw Seeds Company Limited.

• PAUL RUSSO, EBS Group Chief Executive Officer
  

  PAUL RUSSO, EBS

  Group Chief Executive Officer

  Paul Russo, EBS, is the Chief Executive Officer of KCB Group PLC, appointed in May 2022. He is also a member of the Boards of KCB Group PLC, KCB Bank Kenya, National Bank of Kenya (NBK), KCB Investment Bank, KCB Foundation, BPR Bank Rwanda Plc, and Trust Merchant Bank (TMB). He is also a member of the Kenya Bankers Association Governing Council, the banking industry lobbying arm.

  Paul sits in the Boards of the National Investment Council, the Presidential Taskforce on the establishment of a National Lottery and the National Steering Committee on Drought Response, appointed by Kenya’s President William Ruto. He is also a member of the Steering Committee for the World Rally Championship (WRC) Safari Rally Project.

  He was feted with a state commendation- Elder of the Order of the Burning Spear (EBS) by the President for his immense contribution to Kenya’s financial services sector. He also serves in the United Nations Environment Programme Finance (UNEP-FI) Leadership Council, joining other global leaders in mainstreaming and deepening sustainability integration across the financial industry.

  Paul is responsible for overseeing the transformation of KCB Group into the undisputed leader in the financial services sector and a customer-focused financial powerhouse. He has extensive experience in banking, strategy, operational, and people management. He has been involved in running key strategic assignments within the Group, including serving as receiver manager for Chase Bank (in Receivership), leading NBK’s turnaround strategy as the MD NBK, and looking after the KCB Group’s international subsidiaries.

  Previously, he served as the Regional Business Director, of KCB Group Plc, and the MD NBK. A HR practitioner, he has close to 25 years of work experience spanning executive and key roles including Group HR Director, KCB. He has served in other big corporates such as Barclays, PwC, K-Rep Bank, EABL, and Unga Holdings. He holds an MBA from Strathmore University Business School and a Bachelor of Business Management from Moi University. He also has a senior executive program for Africa Certificate from Harvard Business School.

• CABINET SECRETARY National Treasury
  

  CABINET SECRETARY

  National Treasury

  The Government of Kenya has maintained varied levels of ownership in the company since acquisition in 1970. This has been managed through the Office of the Cabinet Secretary Treasury (formerly, Permanent Secretary Treasury). Below is a chronology of the evolution in the ownership:

  1. The Government of Kenya acquired 100% shareholding in National and Grindlays Bank in 1970 and re-named it Kenya Commercial Bank (now KCB Group Plc)

  2. In 1998, the Government sold 20% of its shares at the NSE through an IPO that saw 120,000 new shareholders acquire the company

  3. The Government sold 10%, 10% and 25% in 1990,1996 and 1998 respectively, reducing its shareholding to 35%

  4. A series of rights issues in 2004, 2008 and 2010 were conducted by the company, with proceeds channeled towards growing the business and financing regional expansion. The Government opted not to take up its rights effectively diluting its ownership to 26.2%, 23.6% and 17.3% respectively

  5. The Board in 2016 introduced a scrip dividend where shareholders received dividends partly in cash and partly as additional shares. The Government took up this offer, marginally increasing its shareholding to the current level of 17.5%.

  6. In 2019, KCB Group Plc concluded the acquisition of National Bank of Kenya via swap shares. From the transaction, the C.S. National Treasury, being a shareholder of National Bank, received additional KCB Group Plc shares increasing the total shareholding from 17.5% to 19.76%.

• SIMEON RONO Director
  

  SIMEON RONO

  Director

  Simeon Rono has over 20 years’ experience in banking having previously worked in various capacities at the Central Bank of Kenya. He holds a Bachelor of Commerce Degree (Hons.), Marketing Option, from the University of Nairobi. He. He has attended several courses, both locally and internationally in banking, corporate management and regulatory oversight.

  Simeon has a wealth of knowledge and experience in financial management, Anti Money laundering (AML) controls, internal controls, risk management and regulatory oversight. He is also well versed with the formulation of management policies and is a keen promoter of social and economic development.

  Simeon is a founder and director of several companies engaged in the hospitality industry.

• NJERI ONYANGO Director
  

  NJERI ONYANGO

  Director

  Mrs Njeri Onyango a graduate of the University of Nairobi, is an Advocate of the High Court of Kenya with 30 years’ experience in legal practise. She has engaged in broad practise of law such as civil and criminal litigation, arbitration, commercial law, property transactions, labour relations and sports law. She is a Certified Professional Mediator having received her certification from the Mediation Training Institute International (MTI). Mrs Onyango has also done remarkable consultancy services with a wide range of institutions. She has chaired legal, constitutional and disciplinary committees in various sports federations and has participated in constitution writing and reviews for federations such as Tennis Kenya and Kenya Volleyball Federation. She has served in various international disciplinary and legal tribunals such as The World Volleyball Federation (FIVB) and the World Swimming Federation. (FINA)
  She was appointed as a legal consultant for The Ministry of Youth Sports, Culture and The Arts to offer consultancy services to the Ministry on the Kenya Anti Doping Bill and Policy, which become the Kenya Anti Doping Act, 2016. She has also acted as a legal consultant for the Kenya Anti-Doping Agency (KADA); she chaired the Legal Committee of KADA in the preparation of the Rules for Anti-Doping in Sports in Kenya that were consequently approved and adopted by the world Anti-Doping Agency. She has provided legal consultancy services to a number of NGOs. Mrs Onyango is currently a Board member of the Independent Policing Oversight Authority (IPOA) and a member of the Kenya Sports Disputes Tribunal.
  Mrs Onyango is a member a number of professional bodies such as the Law Society of Kenya, the Chartered Institute of Arbitrators both, International Bar Association, International Federation of Women Lawyers (FIDA).

• CAROLINE RABAR OKONG’O Director
  

  CAROLINE RABAR OKONG’O

  Director

  Caroline Okong’o has over 20 years’ experience in finance, risk, audit, strategy development and implementation support. She is a results-oriented leader with a history of achieving excellence and impact through teams.

  Having worked both locally and internationally, Caroline has had multi-jurisdiction exposure dealing with various regulatory reporting requirements in the financial services sector. She has held leadership roles in various organizations which include Assistant Vice President at Willis Management (Bermuda), Director at Lattice Consulting Limited and Senior Manager at Deloitte where she worked in both East Africa and Bermuda.

  Caroline holds a Bachelor of Arts in Building Economics from the University of Nairobi, is a CPA (K) member of ICPAK, and a Certified Professional Coach (CPC) accredited by the International Coaching Federation. She runs an advisory consulting and coaching practice.

  Caroline is an Independent Non-Executive Board Member at Prudential Life Assurance Kenya Limited, and a Non-Executive Board Member of WWF Kenya.

• JOSEPH MUIGAI Director
  

  JOSEPH MUIGAI

  Director

  Joseph is a certified public accountant with vast experience spanning over 30 years in audit, tax and financial advisory services. Joseph is the founding partner of Muigai & Associates; a leading accountancy firm in Kenya that has served local and international organisations cutting across multiple industries and sectors. Previously held roles include Treasurer at Karen Country Club, Technical Partner at Kangethe & Associates, and Senior Audit Manager at Deloitte. Joseph holds a Bachelor's Degree in Business Administration from the United States International University (USIU) and is a Member of the Institute of Certified Public Accountants of Kenya (ICPAK).

  Joseph serves as the Chairman of KCB Bank Burundi and the Audit Committee Chair of KCB Bank Kenya.

• Eunice Nyala Director
  

  Eunice Nyala

  Director

  Eunice is a holder of Master of Science in Marketing (MSc) from University of Glamorgan, Wales UK and Post-graduate Diploma from Chartered Institute of Marketing, (CIM) UK. She is a certified Executive Coach Practitioner from Academy of Executive Coaching (AoEC), UK being a diploma holder in this field. In addition, she is a Vital Voices Leadership Fellow and a member of WCD Global, the world’s largest membership organization of women directors. She is an alumni of Strathmore University Business School, Women Directors Leadership Summit (WDLS), a corporate governance program in partnership with Cranefield University, UK.

  She has 27 years of commercial financial services, leadership experience and executive coaching having worked for multi-national organizations in the corporate sector, with a great track record of ‘Firsts’ that have remained key milestones in her corporate career. She worked at Absa Bank Kenya Ltd (formerly Barclays Bank Kenya), Barclays Bank Head Office in London, UK and Barclaycard International where she was responsible for a number of countries in Africa. She later worked for G4S Kenya at executive level as Commercial Director.

  Eunice is an adjunct Executive Coach at Strathmore University Business School and a seasoned entrepreneur in niche sectors, with focus on corporate soft skills development. She has been instrumental in the training of ambassadors & diplomats at Foreign Service Academy, Ministry of Foreign Affairs. She previously served as Business Advisor Goldman Sachs 10K Women program at United States International University (USIU) Africa, offering business advisory services to entrepreneurs. Her entrepreneurship skills drawn from Babson College, USA and MCTC Israel.

  She has a number of past and active roles on board service as both Chair and Non-Executive Director (NED) for financial institutions, global listed companies and Not-For-Profit organizations, being an alumni of corporate governance training (WDLS She is a member of  Kenya Private Sector Alliance (KEPSA) Foundation where she serves on the Anti-Corruption Multi Sectorial Steering Committee.
  

• Kendi Ntwiga Director
  

  Kendi Ntwiga

  Director

  Kendi has over 17 years’ experience crafting, leading, and implementing business strategies for tech organizations in the Sub-Sahara Africa region having worked for high tech global companies HP, Oracle, Intel, and Check Point. She excels at breaking down technical lingo into graspable milestones that help organizations maximize on technology to achieve their mandate.

  She is currently the Global Head (Misrepresentation) in Community Operations at Meta (Facebook), where she leads the enforcement of the company’s community standards by working with various teams (Engineering, Product Dev, Data Science, Business & Operations) to develop operational protocols for Meta’s users across its platforms. Previously, she was the Country Leader at Microsoft Kenya, where she was responsible for developing and maintaining effective relationships across the company subsidiary to increase Microsoft’s share of voice in the region.

  Kendi has studied Computer science and holds a degree in International Business Management and a masters in strategy and finance. She is a Santander African Women Foundation Fellow, having studied entrepreneurial leadership at the Babson College, USA.

  She is a Board Director of Mercy Corps Europe where she also serves in the Risk and Audit Committee.

• Annastacia Kimtai MD KCB Bank Kenya Ltd
  

  Annastacia Kimtai

  MD KCB Bank Kenya Ltd

  Mrs. Annastacia Kimtai is the Managing Director of KCB Bank Kenya, appointed in April 2023. Annastacia is a member of KCB Bank Kenya Board and KCB Foundation Board.

  An astute senior executive banker with over twenty years in banking, she has an extensive track record working with cross functional teams. Until the current appointment, Annastacia was KCB Bank Kenya’s Retail Banking Director, a position she held since 2011. She joined KCB Bank Kenya in 1998 as a Management Trainee, growing through the ranks and serving in various capacities.

  She holds an MBA (Strategic Management), Master of Arts - Rural Economics and Cooperation, Bachelor of Arts (Economics, Rural Economics and Cooperation) as well as a host of Executive Certifications among them the Harvard Business School’s Senior Executive Program - Africa.