Executive with Nakumatt story of three decades

Mr Atul Shah, Nakumatt MD. FILE PHOTO | NMG

For many, it is difficult to mention Nakumatt without talking or thinking about its long-serving managing director Atul Shah, who is set to leave the retailer’s management throne should a proposed takeover get the regulator’s nod.

During a meeting between Nakumatt and its creditors on October 13, the retailer’s lawyer James Kamau, while giving an update on the proposed Tuskys takeover deal, dropped a bombshell.

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