Equity Bank Kenya has appointed Moses Okoth Nyabanda Acting Managing Director, subject to approval from the Central Bank of Kenya.

Before his appointment, Nyabanda was the Equity Group Chief Finance & Strategy Execution Officer.

This follows the acceptance of Gerald Warui's request for early retirement after a distinguished career with the Group.

Nyabanda brings robust financial acumen and strategic leadership to his new role, having previously served as Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda.

His proven track record in strategic planning, business growth, and financial management, coupled with his deep understanding of the financial services industry, make him a suitable candidate to steer Equity Bank Kenya forward.

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Warui, whose tenure at Equity Group spanned several key leadership positions including operations, customer service, human resources, and ultimately the Managing Director role at Equity Bank Kenya, is being recognized for his substantial contributions to the Group’s success.

Equity Bank Kenya, backed by the strength and resources of the Equity Group Holdings Plc, is a major player in Kenya's banking landscape.

With a customer base surpassing 20 million, an extensive distribution network, and a solid financial foundation, the bank has established itself as a leading provider of financial services in the region.

The Group’s commitment to innovation, financial inclusion, and strong corporate governance has earned it widespread recognition and accolades.

As the Acting Managing Director, Nyabanda will be instrumental in driving Equity Bank Kenya’s strategic direction, fostering growth, and enhancing the bank's value proposition to customers.

The Board of Directors has expressed confidence in Nyabanda's ability to lead the bank through its next phase of development while building upon its strong foundation.