Equity Bank has announced the appointment of Mr. Moses Okoth Nyabanda, Equity Group Holdings Plc’s Group Chief Finance & Strategy Execution Officer as the Acting Managing Director of Equity Bank Kenya. This appointment is subject to Central Bank of Kenya approval.
The bank has also accepted the request by Mr. Gerald Warui for early retirement. A statement by the bank reads, in part, ‘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.’
Before joining Equity, Mr. Nyabanda was the Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda and a member of PwC Eastern Africa leadership team. He has a proven track 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, Mr. Nyabanda is a key member of the executive team who has demonstrated commitment to the Group’s corporate philosophies and customer value creation. Throughout his career, Mr. Nyabanda has distinguished himself as a disciplined and thorough professional, demonstrating exceptional leadership in promoting robust control environments and productivity.
“The Board is confident that under Mr. Nyabanda’s leadership, Equity Bank Kenya will continue to deliver sustainable profitable growth, while enhancing our customer value proposition and employee engagement,” the bank concluded.
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