Home Business Equity Bank Appoints New MD to Replace Polycarp Igathe

Equity Bank Appoints New MD to Replace Polycarp Igathe

by Fredrick Gitaka
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Equity Bank Kenya, a subsidiary of Equity Group Holdings Plc has appointed its long serving Director, Gerald Warui as its 4th Managing Director days after the resignation of Polycarp Igathe who leaves the position at the end of August.

Mr. Igathe will rejoin his previous employer, Vivo, to take up a newly created role as Executive Vice President of Sales and Marketing for Africa.

Mr. Igathe held the position for eight months and will hand over his duties to Mr. Warui before his departure at the end of August.

Equity Group has subsidiaries in Uganda, Tanzania, Rwanda and South Sudan. Gerald Warui will run Equity Bank Kenya after 21 years at the firm. He holds an Executive Master of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT) and is also a Certified Public Accountant CPA (K), and a graduate of Advanced Management Program offered by IESE Business School, Barcelona, Spain.

A career banker, Gerald has vast experience spanning over 30 years and has headed operations, customer service and HR within the Group. He is currently Director of Operations and Customer Service in Equity Bank Kenya. As Managing Director of Equity Bank Kenya Mr. Warui’s appointment is subject to approval by the Central Bank of Kenya.

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