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Co-operative Bank appoints John Murugu as new Board chairman

Co-operative Bank’s new Board Chairman John Murugu.

Nairobi, Kenya: The Board of Directors of Co-operative Bank of Kenya has appointed John Murugu to serve as the chairman effective October 1, 2017.

Stanley Muchiri the bank’s chairman retired from the board after attaining the set retirement age. Muchiri has an exemplary record in leadership at the bank. During his tenure Co-op Bank successfully grew to one of the largest banks in the region with an asset base of over Sh365 billion and over 6.2 million account-holders in 148 branches.

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