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Diversified financial services firm Britam and Equity Group Holdings Ltd (EGHL) have ended their near-two decade relationship, just five months after the former completed its buyout of the latter’s stake in mortgage lender, Housing Finance (HF).
In a statement released last Thursday, Britam said the bank’s Group Managing Director James Mwangi had voluntarily resigned from its board and described the decision as “mutual,” but left the undercurrents untouched.
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