Equity Group announced on Friday that Mr. Moses Okoth Nyabanda, its Chief Finance & Strategy Execution Officer, has been appointed as the Acting Managing Director of Equity Bank Kenya.
His appointment follows the exit of Mr. Gerald Warui whom the bank says has proceeded for early retirement.
”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. ” a statement from the bank reads.
”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” it added.
Before joining Equity Group, Mr. Nyabanda was the Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda and a member of PwC Eastern Africa leadership team.
At Equity Group, Mr. Nyabanda is a key member of the executive team who the bank says 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.” Equity says.
”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.”
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