Moses Okoth Nyabanda is the new Equity Bank managing director following his appointment by the Bank’s board.
Prior to his appointment, Nyabanda who will be serving in an acting capacity, was the group’s chief finance and strategy execution officer.
He replaces Gerald Warui who exited for an early retirement. A look at Nyabanda’s career profile shows that he has previously held top positions in various companies both locally and internationally.
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Before joining Equity Bank, Nyabanda was the Managing Director and Country Senior Partner for PricewaterhouseCoopers (PwC) in Rwanda and a member of the PwC Eastern Africa leadership team.
While at PwC, he was responsible for driving operational efficiency including resource planning, digital transformation, innovation, and cost management at PwC Eastern Africa.
He has a 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.
Equity Group, which posted a 12.5 percent growth in profit after tax in the first half of 2024, is confident that under Nyabanda’s leadership, it will continue to deliver sustainable profitable growth while enhancing customer value proposition and employee engagement.