The Equity Bank (Kenya) Limited 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. 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 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. 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.
Equity Bank (Kenya) Limited, a subsidiary of Equity Group Holdings Plc, is one of Kenya’s leading banks. Equity Group Holdings Plc is a Pan-African financial services company listed on the Nairobi Securities Exchange, Uganda Securities Exchange, and Rwanda Stock Exchange. The Group operates in DRC, Rwanda, Uganda, Tanzania, South Sudan, and has a Commercial Representative Office in Ethiopia. Our services span commercial and investment banking, insurance, telecom, fintech, and social impact investments.
As the largest integrated financial services firm in the region, with a market capitalization of Kshs 152.8 billion (USD 1.38 billion) as of 30 June, 2024, Equity Group is recognized as Sub-Saharan Africa’s most valuable financial brand. With assets of Kshs 1.746 billion (USD 13.51 billion) and a customer base of 20.7 million as of June 30, 2024, we offer extensive services through 403 branches, 84,398 agents, over 1.1 million Pay with Equity (PWE) merchants, 37,755 POS merchants, 873 ATMs, and digital channels.
Equity’s commitment to innovation, customer empowerment, and strong governance has earned us accolades as the most valuable brand in Kenya and Africa’s most admired financial brand, and have also been recognized as the second strongest banking brand globally in 2024 by Brand Finance.
In their effort to empower its customers, businesses, and communities, Equity continues to develop innovative products and services that bring convenience and enable our customers to achieve their dreams.
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.
