Portland boss quits amid boardroom row

Former East African Portland Cement acting MD Stephen Nthei. FILE PHOTO | NMG

East Africa Portland Cement Company #ticker:EAPCC (EAPCC) managing director Stephen Nthei has quit after protracted boardroom wrangles.

Mr Nthei is exiting the listed cement-maker after 14 years at the corner office following a boardroom fallout over sale of two parcels of land to generate more than Sh6.2 billion required to repay a KCB loan.

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