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Co-op CEO Muriuki tightens grip on the bank with more shares

By Brian Ngugi | 1yr ago

Co-op Bank Group CEO Gideon Muriuki during the bank's AGM in 2023. [File, Standard]

Gideon Muriuki, the chief executive of Kenya's Cooperative (Coop) Bank, has increased his stake in the tier-one lender, tightening his control over the bank, according to regulatory filings.

Muriuki's shareholding in Coop Bank has risen to 2 per cent from 1.75 per cent previously, the filings showed.

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