Equity Bank appoints Gerald Warui as new MD to replace Polycarp Igathe


Equity Bank appoints Gerald Warui as new MD to replace Polycarp Igathe
New Equity Bank Kenya Managing Director Gerald Warui. PHOTO | COURTESY

In Summary

  • Long-serving Director Gerald Warui is now set to become the banking giant’s fourth Managing Director.
  • He steps into the shoes of Igathe who leaves at the end of August to pick up a new role at Vivo as Executive Vice President of Sales and Marketing for Africa.

Equity Bank Kenya has appointed a new Managing Director to replace Polycarp Igathe who has since resigned to join his previous employer, Vivo, on a regional role.

Long-serving Director Gerald Warui is now set to become the banking giant’s fourth Managing Director, stepping into the shoes of Igathe who leaves at the end of August to pick up a new role at Vivo as Executive Vice President of Sales and Marketing for Africa.

Mr. 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 a Certified Public Accountant CPA (K).

He is a graduate of Advanced Management Program offered by IESE Business School, Barcelona, Spain, and has vast experience spanning over 30 years and has headed operations, customer service and HR within the Group.

The appointment of Mr. Warui, who is currently Director of Operations and Customer Service in Equity Bank Kenya, is subject to approval by the Central Bank of Kenya.

“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,” read a statement to newsrooms.

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Story By Ian Omondi
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