Restructuring / Structuring

Supporting a top tier commercial bank in Kenya transition to a non-operating holding company

PwC partnered with a leading local commercial bank to design and implement a non-operating holding company that anchors its operations across 6 countries and in commercial banking, investment banking, and insurance. Ou role spanned the full journey – starting with conceptual design of the structure, aligning it with strategic objectives, and ensuring it meets governance, regulatory, and operational needs. We provided hands on support through every stage, including developing the implementation roadmap, engaging with regulators, and securing the necessary approvals. By walking alongside the commercial bank throughout the process, we helped position the group with a stronger, more agile structure to drive regional growth, regulatory compliance, and long-term sustainability. 

• Diagnostic review: Conducted a comprehensive assessment of the group’s multi-country operations and regulatory environment to evaluate structuring options 
• Structure design: Designed a non-operating holding company model aligned with the group’s strategic, governance, and operational objectives 
• Technical alignment: Balanced tax, legal, risk, and regulatory considerations to ensure the proposed structure was both efficient and compliant 
• Implementation roadmap: Developed and guided a detailed plan to move from structural design through to full execution 
• Regulatory engagement: Supported continuous dialogue with regulators across multiple jurisdictions and secured all requisite approvals  

Through this engagement, we helped the commercial brank establish a robust, regulator-approved holding company structure to oversee its operations across six countries. The new model enhanced governance and risk management by clearly separating oversight functions from day-to-day operations, while also creating a platform that provides greater strategic flexibility, supports future capital raising, and enables growth across both banking and insurance businesses. Ultimately, the restructuring strengthened the bank’s position as a leading regional financial services group, equipping it with improved agility and long-term sustainability.