National Bank of Kenya (NBK) has announced that it has appointed an acting MD. Peter Kioko, who has more than 25 years of experience, has been appointed as acting MD of the bank. In the position, Kioko is to replace Paul Russo, who was appointed CEO of Kenya Commercial Bank last month.
Kioko joined the bank in November 2016 and is now the director, Finance and Strategy at NBK. He is to retain his current position after he takes over the new role.