Munya extends ex-Chase Bank boss’s tenure at KIE

Trade and Industrialisation Cabinet Secretary Peter Munya. FILE PHOTO | NMG

Trade and Industrialisation Cabinet Secretary Peter Munya on Friday appointed a former top executive director of the troubled Chase Bank (now SBM Bank Kenya) for a second three-year term at the helm of a key State enterprise financier.

Parmain ole Narikae was first appointed to the Kenya Industrial Estates (KIE) chief executive officer post in 2016 by former Industrialisation secretary Adan Mohamed.

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