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Kenya-based Finserve's managing director to join Microsoft

Finserve Africa Ltd Managing Director Jack Ngare will take up the same post at Microsoft Corp.'s newly launched research and development facility in Nairobi, Business Daily Africa reported.

Ngare, who is resigning after 1.5 years as managing director of Finserve, the mobile money arm of Equity Group Holdings PLC, will join Microsoft's Africa Development Center opened in May, the report said.