Supermarket chain operator Naivas Limited has appointed a non-family CEO for the first time in its 35-year history, marking a shift in leadership for Kenya’s largest retailer that has been opening up to outsiders through stake sales.
The retailer, which last week hit 110 stores with a new outlet at Nairobi’s Gachie Westbay Mall, announced Tuesday that its co-founder and managing director David Kimani, will be stepping down from his role at the end of this month.
