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Lancet CEO seeks Sh1.9bn pay amid shareholder row

businessdailyafrica.com · 512 words · saved by 1 readers

Lancet Kenya CEO Ahmed Kalebi is seeking close to Sh1.9 billion from the laboratory services firm in the wake of a shareholder fallout.

By Sam Kiplagat Court Reporter Nation Media Group Lancet Kenya CEO Ahmed Kalebi is seeking close to Sh1.9 billion from the laboratory services firm in the wake of a shareholder fallout with his French and South African partners. Dr Kalebi, who helped found the firm in 2009, Monday sent a separation agreement to the director of Lancet ahead of the firm’s board meeting Tuesday, setting the stage for one of Kenya’s largest executive payouts. He informed his South African and French partners of his intention to quit the firm on April 30 when his employment contract as East Africa CEO and…

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