Equity Group has announced the appointment of Mr. Moses Okoth Nyabanda as the Acting Managing Director of Equity Bank Kenya, following the early retirement of Mr. Gerald Warui. Mr. Nyabanda, who currently serves as the Group Chief Finance & Strategy Execution Officer at Equity Group Holdings Plc, will assume his new role pending approval from the Central Bank of Kenya.
Mr. Gerald Warui, who has served Equity Group with distinction, is retiring early after a long and dedicated career. His contributions included leadership roles in operations, customer service, HR, and most recently as Managing Director of Equity Bank Kenya. The bank has expressed its gratitude for his service and commitment to the organization.
Mr. Nyabanda brings a wealth of experience to his new role, having previously served as the Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda. His experience in leadership and finance is expected to be instrumental in guiding Equity Bank Kenya through its next phase of growth and development.
At Equity Group, Mr. Nyabanda has been a key member of the executive team, recognized for his commitment to the Group’s corporate philosophies and customer value creation. His leadership has been marked by a focus on promoting robust control environments and driving productivity, which has earned him the trust of the Board.
The Board of Equity Group has expressed confidence in Mr. Nyabanda’s ability to lead Equity Bank Kenya towards continued sustainable growth. His appointment is seen as a step towards enhancing the bank’s customer value proposition and strengthening employee engagement, key factors in the bank’s ongoing success.
As Mr. Nyabanda steps into his new role, the bank remains committed to delivering exceptional service and value to its customers, while building on the solid foundation laid by Mr. Warui. The Board looks forward to a seamless transition and continued success under Mr. Nyabanda’s leadership.