mkonomtupu wrote:what on earth is going on at KCB I hold a big chunk and i don't like these kind of stories. Is there a grand-coalition infighting anyone with inside info on how bad it is...there is trouble in paradise
"Peter Maina Munyiri, one of KCB’s directors who survived the recent restructuring, has resigned barely a week after he was appointed as chief business officer for Kenya.
The bank’s CEO Martin Oduor-Otieno Tuesday said Mr Munyiri, formerly deputy CEO in charge of group business and Mr David Thuo, the head of treasury, had left the under its “voluntary early retirement programme.” But analysts said the exit was a fallout from the restructuring being spearheaded by McKinsey management consultants that scrapped some positions."
There is no fallout between anyone... KCB simply hired consultants to boost operational efficiency which include restructuring of management...
All retired directors were more than understanding and were given severance packages that even michael joseph would envy..
That doesnt sound like a fallout to me but rather super duper profits coming my way...
Mark 12:29
Deuteronomy 4:16