Equity Bank Kenya has appointed Mr Gerald Warui its managing director to fill the big shoes left by Mr Polycarp Igathe.
Mr Igathe, who is a former Nairobi County deputy governor, resigned to take up a senior role in Vivo Energy Kenya which is the firm he worked for as the chief executive before his dalliance with politics.
The former deputy governor will hand over the office to Mr Warui when his term terminates 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.
The new MD is an insider who has worked for Equity Bank Kenya for 21 years.
He holds an Executive Master of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology and is also a Certified Public Accountant CPA (K) as well as a graduate of Advanced Management Program offered by IESE Business School, Barcelona, Spain.
A career banker, Mr Warui has vast experience spanning over 30 years and has headed operations, customer service and HR within the Group.
Being being plucked to fill the top position, Mr Warui served as the director of operations and customer service.
“The Board congratulates Mr. Warui on his appointment. The Board thanks Mr. Igathe for his dedicated and impactful service to Equity and wishes him well in his new role with one of the Equity’s most valued partners and look forward to deepening the existing relationship across the continent,” said the bank in a press release.