KCB Group’s Paul Russo tops $9.3 million payday for Kenyan bank CEOs


In 2024, the Kenyan banking sector was marked by high interest rates, rising loan defaults, and a credit freeze for small businesses. But the heads of the country’s nine largest commercial banks had reason to celebrate, according to disclosures in their financial statements. KCB Group CEO Paul Russo earned $1.9 million (KES 250.2 million) in total […]


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KCB Group’s Paul Russo tops $9.3 million payday for Kenyan bank CEOs

In 2024, the Kenyan banking sector was marked by high interest rates, rising loan defaults, and a credit freeze for small businesses. But the heads of the country’s nine largest commercial banks had reason to celebrate, according to disclosures in their financial statements. KCB Group CEO Paul Russo earned $1.9 million (KES 250.2 million) in total […]

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