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Kurwitu Ventures MD owns half the company
From left: National Bank board chairman Mohammed Hassan, bank director Wangui Mwaniki and Nairobi Securities Exchange vice-chairman Bob Karina. Mr Hassan is one of the brains behind the little-known Kurwitu Ventures. PHOTO | DIANA NGILA | NATION MEDIA GROUP
The man who will run Kurwitu Ventures following its public listing by introduction at the Nairobi Securities Exchange (NSE) on Thursday is also its controlling shareholder.
Managing Director Abdirahman Abdillahi holds a majority stake of 51 per cent while fellow director Mohammed Hassan owns 27 per cent, the firm revealed in their listing documents. Their combined stake will be valued at about Sh100 million after Thursday’s listing.
