Former Cooperative Bank Chairman Stanley Muchiri Passes On

Former Coop Bank Chairman, the late Stanley Muchiri

News just hitting our newsdesk have confirmed that Stanley Muchiri, the former Cooperative Bank Of Kenya Chairman passed on a few hours ago.

Further reports indicate he died in Nigeria, though our newsdesk is confirming the Cause of his death in order to bring you more details.

Co-op Bank tapped former CBK executive John Murugu as board chair after Stanley Muchiri retired, late 2017.

Long-serving Co-op Bank chairman Stanley Muchiri retired after attaining the mandatory age of 70, as per Capital Markets Authority code.

Mr Muchiri was a hard-working Kenyan since he is one the guys that helped the co-operative bank grow in profits and asset base, a great achievement. Together with Gideon Muriuki, the Cooperative bank remains the most discplined and scandalless

Condolences to his family, friends and the Cooperative bank fraternity.