Equity Bank (Kenya) Board has appointed former Deputy Chairperson for the Africa Union Commission (AUC) Ambassador Erastus Mwencha, as its Chairman. Mwencha takes over from Professor Isaac Macharia who was recently appointed Equity Group Holdings Board Chairman.
Ambassador Erastus Mwencha, a career diplomat served has also previously served as the Secretary-General of the Common Market for Eastern and Southern Africa (COMESA) for ten years. He is described in international circles as a Pan Africanist with years of progressive experience in policy formulation and institutional transformation at national, regional and continental levels.
Professor Macharia, a renowned ENT specialist has been on Equity Bank (Kenya) Ltd Board for six years four of which he served as chairman.
Ambassador Mwencha, holds a B.A. (Hons) in Economics from the University of Nairobi and an M.A. in Economics from the University of York.
”Working alongside a highly energetic and talented management team, I am confident that we shall scale greater heights in delivering integrated financial solutions that drive the social-economic engine of our country. Most importantly, I am convinced that Kenya is strategically positioned to hub the economy of the region, and the role of financial institutions such as Equity will be Key” Ambassador Mwencha said while taking over the Chairmanship.