BY JEFF OTIENO.

There is a sharp split among Board of Directors of Guardian Bank following alleged massive customers exit from their Biashara branch in Nairobi.

The split has been occasioned by persistent allegations that the Managing Director Vassant Shetty has been exhibiting arrogance and racism to both clients and staff with glee.

Sources within the bank confided to this writer that perturbed by the foregoing,the Board last week summoned an impromptu meeting to look into the allegations bedeviling the CEO which has impacted negatively on the institution’s clientele base,according to close sources within the precincts of the outfit.

One splinter of the Board led by Mr. Hetul Chandaria is said to have described him as hard working though very moody at times.

But the other Board members opined that he had outlived his usefulness and should therefore quit in order for the bank to compete and make strides in the competative banking sector.

ENDS.