Paul Russo, CEO of KCB Group, has been honored as the African Business Leader of the Year by Africa Leadership Magazine, recognizing his transformative vision and outstanding contributions to the banking sector across the continent.
Russo’s selection followed a rigorous competition across Africa, where his leadership qualities, commitment to innovation, and contributions to socio-economic development were key criteria.
Under Russo’s leadership, KCB Group has achieved significant milestones, including growing its asset value to Sh2 trillion and reclaiming its position as the most profitable bank in East Africa with a 69 percent rise in Q1 net profit to Sh16.5 billion.
“This award is a testament to the collective efforts of the entire KCB team and our commitment to driving positive change and sustainable growth in the region,” said Paul Russo. “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) celebrate exceptional corporate practices and outstanding achievers in Africa’s business landscape and private sector, highlighting leaders who embody innovation, resilience, and excellence in driving growth and development across the continent.
Ken Giami, Chairman of the African Leadership Organization and Publisher of Africa Leadership Magazine, praised the winners, stating, “The winners exemplify the spirit of innovation, resilience, and excellence driving growth and development across the continent.”
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