Former Principal Secretary Esther Koimett has emerged as the largest shareholder in Middle East Bank Kenya following a multi-billion shilling wealth transfer from her late father, Nicholas Biwott.
Regulatory disclosures from the bank show that Ms Koimett holds a 17.48 percent stake, making her the single-largest investor in the institution, which has roots in Dubai and was initially owned by the Al-Futtaim Group, associated with Carrefour supermarkets.
