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Key Points
- Moses Okoth Nyabanda has been appointed acting managing director of Equity Bank Kenya, awaiting Central Bank of Kenya approval.
- Gerald Warui retires as managing director, recognized for leading Equity Bank through significant growth and customer-centric initiatives.
- Nyabanda brings extensive leadership experience from previous roles, poised to drive Equity Bank’s strategic growth and innovation.
Equity Group, a Nairobi-based financial services giant led by Kenyan multimillionaire banker James Mwangi, has appointed Moses Okoth Nyabanda as the acting managing director of Equity Bank Kenya, following Gerald Warui’s early retirement.
The Central Bank of Kenya must approve Nyabanda’s appointment. This leadership change ushers in a new phase of growth and customer-focused innovation at the bank.
Gerald Warui’s impactful leadership
Gerald Warui shaped Equity Bank during his tenure as managing director. He skillfully oversaw key areas such as customer service, human resources, and finance.
His efforts strengthened the bank’s market position and commitment to improving customer experiences. The Equity Group Board has expressed gratitude for his dedication and highlighted his contributions to the bank’s growth and stability.
Leadership for continued growth: Moses Okoth Nyabanda
Moses Okoth Nyabanda brings extensive experience and insight to his new role. He previously served as the group’s chief finance and strategy execution officer, playing a major role in shaping the bank’s financial strategy and operational efficiency.
His disciplined approach to leadership and commitment to creating customer value have earned him wide recognition. The Board is confident that his guidance will increase profitable growth and further enhance offerings for customers and staff.
Nyabanda has held roles at PricewaterhouseCoopers (PwC), including managing director and country senior partner in Rwanda, with key positions across Eastern Africa. His expertise in business growth, digital transformation, and operational efficiency make him an excellent fit for this role.
