UCHUMI SUPERMARKETS LIMITED CEO RESIGNS

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Dr Julius Kipngetich has resigned as Uchumi Supermarkets Limited Chief Executive Officer after two years of service in the struggling retailer.

Uchumi Supermarkets Limited today informed its shareholders and stakeholders in a public notice that the board of directors had accepted without reluctance the resignation of Dr Kipngetich as the company’s CEO with effect from November 30, 2017.

The Board said it had started the process of identifying a suitable successor who will be announced in due course as Dr Kipngetich leaves to pursue personal interests.

SRC: STANDARD DIGITAL

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