×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

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

Vocalize Pre-Player Loader

Audio By Vocalize

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.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Safaricom halves M-Pesa merchant fees in CBK-led move
Business
Strain on households mounts as inflation holds stubbornly above 6pc
Business
Safaricom shareholders back changes as State cedes control
Business
Safaricom, EABL spark corporate bonds frenzy