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Ex-Chase Bank director heads State enterprise financier KIE

Mr Parmain ole Narikae, the new Kenya Industrial Estates CEO. PHOTO | ROBERT NGUGI

A former top executive director of the troubled Chase Bank, now under joint management of the deposit insurer and KCB, is at the helm of a key State enterprise financier only months after turbulence stalled the lender.

Industrialisation secretary Adan Mohamed a few months back appointed Parmain ole Narikae the chief executive officer of the Kenya Industrial Estates (KIE).

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