KCB Group added 2,560 employees to its payroll last year following the acquisition of a controlling stake in the Democratic Republic of Congo’s Trust Merchant Bank (TMB) and fresh hiring across other units.
The transaction, which saw KCB acquire 85 percent in TMB mid-December last year, ultimately raised the workforce of the group to 11,098 in the year ended December from 8,538 in the previous year.
