Kenya's Co-op Bank, controlled by Gideon Muriuki, restructures into holding company for expansion

Billionaires Africa | 26.04.2026 16:12
Co-operative Bank of Kenya has told shareholders it plans to restructure into a non-operating holding company, separating its core Kenyan banking business from the broader group and positioning itself to pursue regional expansion that its current structure was not built to accommodate, according to a cautionary notice filed with the Nairobi Securities Exchange on April 21.