Mbadi wins in row over Consolidated Bank’s CEO ouster

A Consolidated Bank of Kenya branch in Nairobi.

Photo credit: File | Nation Media Group

Treasury Cabinet Secretary John Mbadi has secured his choice to lead Consolidated Bank of Kenya after staging a boardroom coup in a row that entangled the regulator.

The bank announced on Friday that Dominic Murage, a lecturer at the University of Nairobi, would serve as the interim CEO of the State-backed bank.

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