Jamii Bora Bank has received new chief executive and renamed to Kingdom Bank Limited in major changes by Cooperative Bank of Kenya after acquiring a controlling stake. Co-op Bank Tuesday morning unveiled Mr Anthony Mburu as the new CEO of the rebranded outfit, in changes that also saw it name a new board. Mr Mburu has been the director for credit management at Co-op Bank. New board“The transaction has now been completed and Co-op Bank appointed a new board,” said the Co-op Bank in a statement. The board will be chaired by Margaret Karangatha with Co-op Bank managing director Gideon Muriuki being a member.

Source: Daily Nation August 26, 2020 06:56 UTC