Kenya: Jamii Bora Bank CEO Resigns From Uchumi Board

The boss of Uchumi's biggest shareholder, Jamii Bora Bank, has resigned from the troubled retailer's board of directors.

In a regulatory filling, Uchumi indicates that the Tier III lender's CEO Samuel Kimani has resigned from its board and will be replaced by Jamii Bora's Chief Operating Officer, Mr Tim Kabiru.

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