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Sidian Bank has appointed veteran banker and former cabinet secretary James Macharia as its new Chairman as part of a board overhaul as it seeks to transform into a leading market player, the fast-growing lender said on Wednesday.
Macharia, who has over four decades of experience in finance and served in two high-profile ministerial roles for 10 years during the Uhuru Kenyatta administration, takes over the role from James Mworia, the Group CEO of major shareholder Centum Investment Company Plc. Mworia will remain on the bank's board.
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