Equity Bank Appoints New Acting Managing Director

Equity Bank Kenya has announced the appointment of Moses Okoth Nyabanda as the Group’s acting managing director. Until his appointment, Nyabanda was the group’s chief finance and strategy execution officer.

“The Board has today appointed Mr. Moses Okoth Nyabanda, Equity Group Holdings Plc’s Group Chief Finance & Strategy Execution Officer as the Acting Managing Director of Equity Bank Kenya, subject to Central Bank of Kenya approval, and accepted Mr. Gerald Warui’s request for early retirement. The Bank wishes to thank Mr. Warui for his long and dedicated service to the Group which included heading operations, customer service, HR and finally, Equity Bank Kenya as Managing Director,” Equity announced in a statement.

The appointment follows the request by Gerald Warui who was the managing director, to retire early. The board has since accepted his request.

The board thanked Warui for his long and dedicated service to the group which included heading operations, customer service, Human Resources and finally, Equity Bank Kenya as Managing Director.

Before joining Equity Group, Nyabanda was the Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda and a member of the PwC Eastern Africa leadership team.

He has a record of leading effective teams, strategic planning, driving business growth and delivering impactful solutions to businesses and governments in Kenya, Rwanda, Uganda, and the United Kingdom.

While at PwC, he was responsible for driving operational efficiency including resource planning, digital transformation, innovation, and cost management at PwC Eastern Africa.

At Equity Group, Nyabanda is a key member of the executive team who has demonstrated commitment to the group’s corporate philosophies and customer value creation.

The board expressed confidence that under Nyabanda’s leadership, Equity Bank Kenya will continue to deliver sustainable profitable growth while enhancing our customer value proposition and employee engagement.

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