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Former Uchumi Supermarkets Chief Executive Officer Jonathan Ciano walked into a boardroom in September 2012 for an important meeting with the retailer’s board of directors.
The man, who at the time was still one of the most celebrated turnaround CEOs, was accompanied by his right hand man, Mr Chadwick Okumu, the firm’s Chief Finance Officer (CFO). The two were to root for support from the board to endorse the retailers plan to raise money from the market.
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