chief exec quits

Land Bank chief executive Alan Mukoki has resigned, the board of directors said yesterday. Mukoki was one of three bank executives who agreed to "step aside" earlier this year to allow an objective assessment of the bank's state of affairs to be conducted. This came after claims of mismanagement. In May, the three were asked to resume their duties after the submission of a preliminary report on the bank's turn-around strategy. Mukoki will vacate his position by the end of August. - Sapa

Land Bank chief executive Alan Mukoki has resigned, the board of directors said yesterday. Mukoki was one of three bank executives who agreed to "step aside" earlier this year to allow an objective assessment of the bank's state of affairs to be conducted. This came after claims of mismanagement. In May, the three were asked to resume their duties after the submission of a preliminary report on the bank's turn-around strategy. Mukoki will vacate his position by the end of August. - Sapa

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