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Uchumi picks Kipng’etich from Equity Bank as new CEO

Dr Julius Kipngetich

KENYA: Uchumi Supermarkets has picked conservationist, Julius Kipng’etich, from Equity Bank to lead its turnaround and deliver it from its financial troubles.

The retail chain said late yesterday that it had selected the accountant, who has been the deputy chief executive at Equity Bank since 2012, as the substantive replacement to Jonathan Ciano who was fired in June.

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