Our History

The KCB Foundation was established in 2007 to implement the KCB Bank Group’s Corporate Social Responsibility programs and as a sign of commitment to sustainable development to alleviate poverty and enhance well-being.

To date, the KCB Foundation has invested an estimated 3 Billion Kenya Shillings in community programs in Kenya, South Sudan, Rwanda Tanzania, Uganda and Burundi. As a good corporate citizen, the KCB Bank Group is committed to sustainable development, prosperity and poverty reduction to address the hardship, high poverty levels and interconnected challenges that affect communities in Eastern Africa.

The KCB Foundation programs are designed to address issues of relevance specifically within the thematic areas of Education, Enterprise Development, Health, Environment and Humanitarian Intervention. The programs are customized in each of the KCB countries to ensure that they are answering to the relevant development priorities.

The KCB Foundation 2020 Annual Report

The KCB Foundation 2019 Annual Report

The KCB Foundation 2018 Annual Report


Building Communities to Bank on Themselves


To transform Lives to Enable Progress




The Foundation is governed by a Board of Trustees and it provides guidance and leadership on policy, strategy and approval of the investments. The day to day affairs of the Foundation are managed and coordinated by a team lead by a Director.

  • Ahmed Mohamed Ahmed Mohamed Chairman ×

    Ahmed Mohamud Mohamed is an advocate of the High Court of Kenya and an experienced commercial lawyer specializing in financing agreements and Islamic finance, corporate law, and transactions agreements. He holds a Masters Degree in Law (LLM) and Bachelors of Law Degree (LLB) from the University of Liverpool in the United Kingdom and a Post Graduate Diploma in Law from the College of Law, London, England.

  • Alice Kirenge Alice Kirenge Director ×

    Alice Kirenge holds a BCom. in Management and MBA in Strategic Marketing. She is a Fellow of the Life Management Institute (FLMI) USA, a qualified Underwriter, and an Associate in Customer Service. In addition, she has qualifications in Project Management, Enterprise Development and is an Alumnus of Strathmore Business School and the Babson Business School – Boston, Mass USA.

    She has several years’ experience in senior management roles in the Corporate World with close to 30 years in the Insurance/Financial services sector. Her experience in the insurance industry includes serving as the General Manager at Monarch Insurance Company, the Director of Operations at CFC Life Insurance Company. She has also had a stint in banking with the CFC Bank Group and also served as General Manager in Health Care and Property Development sectors.

    She is a Founder member of the Starehe Girls Centre and has served on the Women’s Enterprises International Board. She currently sits on the Board of Sokoni Women’s Development Initiative and Lamu Port South Sudan Ethiopia Transport (LAPSSET) Corridor Board where she serves as the Chair of the Finance and Administration Committee. She is a member of the Institute of Directors (IoD).

  • Joseph Muigai 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.


  • Paul Russo Paul Russo Director ×

    Paul Russo, EBS, is the Chief Executive Officer of KCB Group PLC, appointed in May 2022. He is 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 lobby.

    Paul also sits in the Boards of the National Investment Council, 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 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 in 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.

    He 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. Paul is passionate about transforming the lives of communities, entrenching sustainable business practices and empowering people. “We must drive and deliver meaningful change and contribution in the society. At the end of the day, to claim success, we must challenge the status quo, take deliberate steps that may be outside our comfort zone to create a lasting and sustainable impact to the lives of the communities which we serve.”

    Previously, Paul served as the Regional Business Director, KCB Group Plc, and the MD NBK. A HR practioner, 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.

  • Annastacia Kimtai Annastacia Kimtai Director ×

    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.

  • Rosalind Gichuru Rosalind Gichuru Director ×

    Rosalind was appointed the Group Director Marketing & Communication, KCB Group PLC on August 9th, 2021. She has a career spanning over 21 years, having served in various local and international corporations.

    Rosalind joined KCB from NCBA Group PLC where she has been serving in a similar capacity since 2019. She has previously worked for NIC Group PLC, Coca-Cola SABCO (now Coca-Cola Beverages Africa), The Coca-Cola Company, and The Gillette Company (now Proctor and Gamble).

    She holds a Master of Business Administration (MBA) from Northeastern University, Boston, USA and a Bachelor of Commerce (General Management) from McMaster University Hamilton, Ontario, Canada. She is also a Certified Executive Coach by the Academy of Executive Coaching, United Kingdom.

Community Engagement Framework

We believe in setting pillars in our communities to provide a stable foundation for each individual to improve their livelihood.

Sustainable Transformation of Communities

  • AID


    - Environmental program
    - Humanitarian Aid

  • CSR

    Strategic CSR

    - Education Programs
    - Health Programs


    Shared Value

    2Jiajiri Mifugo ni Mali