KCB Group Management

Management criteria checks 4/4

KCB Group's CEO is Paul Russo, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is KES177.65M, comprised of 42.2% salary and 57.8% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth UGX111.33M. The average tenure of the management team and the board of directors is 5.3 years and 5.3 years respectively.

Key information

Paul Russo

Chief executive officer

KSh177.7m

Total compensation

CEO salary percentage42.2%
CEO tenure2.5yrs
CEO ownership0.003%
Management average tenure5.3yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Russo's remuneration changed compared to KCB Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

KSh50b

Mar 31 2024n/an/a

KSh43b

Dec 31 2023KSh178mKSh75m

KSh36b

Sep 30 2023n/an/a

KSh40b

Jun 30 2023n/an/a

KSh37b

Mar 31 2023n/an/a

KSh40b

Dec 31 2022KSh266mKSh73m

KSh41b

Compensation vs Market: Paul's total compensation ($USD1.37M) is about average for companies of similar size in the UG market ($USD1.06M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


CEO

Paul Russo (48 yo)

2.5yrs

Tenure

KSh177,651,000

Compensation

Mr. Paul Rushdie Russo, EBS, serves as Group Chief Executive Officer at KCB Group PLC since May 25, 2022 and served as its Group Regional Businesses Director & Managing Director of NBK until May 25, 2022....


Leadership Team

NamePositionTenureCompensationOwnership
Paul Russo
Group Chief Executive Officer2.5yrsKSh177.65m0.0031%
UGX 111.3m
Lawrence Kiambi
Group Director of Finance & Executive Director9.5yrsKSh98.14mno data
Simon Mbogo
Group Director of Technologyno datano datano data
David Kitheka
Head of Investor Relationsno datano datano data
Bonnie Okumu
Group General Counsel & Company Secretary6.3yrsno datano data
Rosalind Gichuru
Group Director Marketing & Communications3.8yrsno datano data
Japheth Achola
Group Human Resource Director5.3yrsno datano data
Samuel Makome
Chief Commercial Officerno datano datano data
John Mukulu
Group Chief Risk Officerno datano datano data
Bernard Okello
Acting Group Director Creditno datano datano data
Shalin Gudka
Group Director of Treasuryno datano datano data
Angela Mwirigi
Director of Marketing & Communication - KCB Bankno datano datano data

5.3yrs

Average Tenure

51yo

Average Age

Experienced Management: KCB's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lawrence Kiambi
Group Director of Finance & Executive Director9.5yrsKSh98.14mno data
Joseph Kinyua
Independent Non-Executive Chairman1.7yrsKSh10.46mno data
Joseph Muiru
Chairman of S&l18.3yrsno datano data
Alice Kirenge
Independent Non-Executive Director3yrsKSh13.00m0.00047%
UGX 16.8m
Edmund Mndolwa
Chairman of KCB (Tanzania) Limited14.6yrsno datano data
Samwiri H. Njuki
Chairman of KCB Bank Uganda Limited17yrsno datano data
Lawrence Mark Njiru
Independent Non-Executive Director6.3yrsKSh17.37mno data
Ahmed Mohamud Mohamed
Independent Non Executive Director4.3yrsKSh13.29mno data
Anuja Pandit
Independent Non -Executive Director2.3yrsKSh9.51mno data
Geoffrey Malombe
Alternate Director2.2yrsKSh14.05mno data

5.3yrs

Average Tenure

54yo

Average Age

Experienced Board: KCB's board of directors are considered experienced (5.3 years average tenure).