Kestrel Capital CEO quits in insider trading fallout

Kestrel Capital executive director Andre DeSimone. FILE PHOTO | NMG

The long-serving chief executive of stockbrokerage firm Kestrel Capital East Africa, Andre DeSimone, has resigned.

Mr DeSimone exits under a cloud of ongoing investigations into suspected insider trading of KenolKobil’s shares ahead of the oil firm’s buyout by French conglomerate Rubis Énergie.

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