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Digital News

UAP-Old Mutual drops former CEO from executive team

By Moses Michira | Jul. 3, 2015

The newly formed UAP-Old Mutual Group has dropped Dominic Kiarie from the executive team after the arrival of the UK investors who control a majority stake.

Former Old Mutual Group Chief Executive Peter Mwangi has formally been unveiled as the new head of the merged businesses. Mr Kiarie has been the Group Managing Director of UAP Group since 2011 before the business merger that started in January with the acquisition of 23.33 per cent stake previously held by Centum Investments Chairman Chris Kirubi.

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