@muganda - I am a Warren Buffett fan who says that Management & Shareholders should have similar goals for the firm...
He puts his money where his mouth is... He is BH's largest shareholder (plus all the shares he gave away to charity)...
MOO may talk the walk but when I see the progress made since Terry Davidson left... I see a KCB that has lagged most other banks...
I had bought into the prior Rights & saw nothing but losses... KCB keeps on having scams after scams after scams...
I was comparing growth (ROE) for the top 10 banks including the 'private' banks over past 5 years & KCB is at the bottom!
Equity is #1, Barclays has done well, SCBK has done very well. Even NBK has sort of done better than KCB.
NIC & DTBK are doing great! The ROE on their Rights Issue started off slow but it is growing rapidly.
Some smaller 'private' banks are doing much better than KCB including Prime Bank + I&M Bank. CBA & Citibank are phenomenal cash machines! Huge ROEs.
CFC-Stanbic post-merger seems to be a laggard.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett