KCB Group spent Sh1.5 billion on a staff voluntary exit programme in the half year ended June, even as it took advantage of the process to bring in new employees with on-demand skill sets, growing the headcount by 779.
The staff rationalisation programme impacted about 400 employees, coinciding with the period KCB Bank Kenya and National Bank of Kenya (NBK) units started running on the same back-end system.
