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Co-op Bank retires 160 managers as it adopts new growth model

NAIROBI, KENYA: Co-operative Bank said on Thursday that it will lay off 160 managers in a restructuring process come December 22.

According to a statement signed by CEO Gideon Muriuki,  the new strategies are expected to accelerate the aggressive growth momentum of the Bank, as one of the largest financial institution in the region. It has an asset base of over Sh270 Billion.

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