Top bank CEOs entrench corporate power with big share purchases

NCBA Bank Group Chief Executive John Gachora. [Wilberforce Okwiri, Standard]

Kenya's top bank executives, among the highest paid in the region, are doubling down on their institutions by aggressively scooping up additional shares, effectively putting their money where their mouth is as they tighten their grip on the country's tier-one lenders.

But it's not just new share purchases. Many of these well-heeled billionaire CEOs have also retained their existing shares, underscoring their confidence in the firms they lead.