CFC Stanbic of Kenya Hires ex-World Bank Official, Daily Says

CFC Stanbic Holdings Ltd. hired former World Bank official Marcel Mballa-Ekobena to head its equity-research desk in Nairobi, the Kenyan capital, Business Daily reported.

Mballa-Ekobena was previously portfolio officer at the International Finance Corp., where he was in charge of private-equity investments in Latin America, the newspaper said.

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