This archive report was first published on 7 August 2019.
On Monday, Equity Bank Kenya, a subsidiary of Equity Group Holdings Plc, announced the appointment of Gerald Warui as its fourth Managing Director in its 35-year history, effective immediately.
Warui's appointment comes after the board accepted the resignation of Polycarp Igathe, who will leave the position at the end of August to join Vivo as Executive Vice President of Sales and Marketing for Africa.
Equity Group has a strong focus on developing management talent, with many of its team members holding senior roles in leading companies across Africa, including four of its own subsidiaries in Uganda, Tanzania, Rwanda, and South Sudan.
Warui, who has served Equity Bank for 21 years, 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) and a graduate of the Advanced Management Program offered by IESE Business School in Barcelona, Spain.