Senior Management

kiboThe Bank's management comprises of highly skilled and experienced personnel. The Bank has continued with aggressive capacity building through staff training and development programmes. The first critical success factor of the bank is about an organization culture that values people, enhances performance and supports the business. This is grounded on seven core values namely Professionalism, Integrity, Creativity, Teamwork, Unity of Purpose, Respect and Dignity for Customers and Effective Corporate Governance.

A lot of emphasis is laid on developing leadership capabilities at all levels of the organization by sponsorships to some of the world's leading programmes. These include Harvard Business School, Wharton Business School, Strathmore Business School, Bolder Microfinance Leadership Programme and Ireland Development Institute among others.

The leadership team of the Bank consists of the following persons:-

 

Name

JAMES MWANGI, CBS
GROUP MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

James holds five honorary doctorate degrees in recognition of his contributions to the Kenyan society. He holds a Bachelor of Commerce degree and is a Certified Public Accountant. He has been honoured thrice with Presidential national awards: the First Class Chief of the Order of the Burning Spear (CBS), the Moran of the Burning Spear (MBS) and Head of State Commendation (HSC). He was named the World Entrepreneur of the Year by Ernst & Young in 2012, the Forbes Africa Person of the Year in 2012 and is a holder of the 2007 Global Vision Award. He was also recognized as the 2015 Ai40 CEO of the year at the 8th Annual Africa Investor (Ai) CEO Investment Summit held in New York. He was named the Banker of the Year during the 4th Banker Africa - East Africa Awards 2017. James serves on several international bodies as an advisor and has recently been appointed to the Nairobi Advisory Board of Columbia Global Centres. He is a Board member of the Economic Advisory Board of the International Finance Corporation (IFC), the Africa Leadership Academy in South Africa, the Global Alliance for Food Security and Nutrition among others and is the Chancellor of Meru University College of Science and Technology. He is currently the Chairman of Kenya’s Vision 2030 Delivery Board. He has wide experience in the banking industry including finance. James is also the founding Executive Chairman of Equity Group Foundation (EGF), the social impact investment arm of Equity Group.

Name

MARY WAMAE
GROUP EXECUTIVE DIRECTOR 

Mary holds a Master’s degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi and a Diploma in Law from the Kenya School of Law. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya, Women Corporate Directors and the Kenya Section of International Commission of Jurists. She is a graduate of Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain) and Advanced Management Programme at Havard Business School. She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development and has over 14 years experience in private legal practice. She joined Equity Bank in 2004.

Name

BHARTESH SHAH
CHIEF OPERATIONS OFFICER

Bhartesh holds an MBA from the University of Warwick and a Bachelor of Science (Hons.) in Banking and Finance from Loughborough University and a certificate from Berkeley University. He is a seasoned and successful senior banker; with over 20 years of experience in the financial services industry with multiple financial institutions in various senior capacities and in different locations globally. He has in-depth experience in the financial services industry covering digital banking, analytics, AI, corporate finance, corporate banking, transaction banking, wealth management, bancassurance, product management and retail banking. He previously worked for Midland Bank (HSBC), UK; Standard Chartered Bank, Kenya, Botswana and Singapore; and Citibank, Africa. Bhartesh has a passion and experience in technology and its revolutionary impact on the financial services industry. He joined Equity Bank in 2015. Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements.

Raphael Hukai

REUBEN MBINDU
CHIEF OFFICER, HUMAN CAPITAL AND ADMINISTRATION

Reuben holds a BSc. in Computer Science from Germany and is a full member of the Institute of Human Resource Management in Kenya. He has over 31 years work experience, most of which has been in the Banking sector as a human capital specialist. He joined Equity Bank in 2013 from Standard Chartered, where he had served at senior management levels in Human resources for over 15 years. Reuben sits on the Boards of Equity Bank Tanzania and Equity Group Foundation. He has also worked in other sectors including public sector (UNEP), consultancy (Deloitte) and ICT (Siemens, Germany). He has also held other senior positions including Head of Corporate Affairs - Standard Chartered, East Africa and Chairman of the Standard Chartered Nairobi Marathon.

Name

 

BRENT MALAHAY
GROUP DIRECTOR STRATEGY, STRATEGIC PARTNERSHIPS  & INVESTOR RELATIONS

Brent holds a Master’s degree in Economics and a Bachelor of Business Finance from the University of KwaZulu-Natal, South Africa. He has over 14 years’ experience in financial services with competencies ranging from commercial banking to credit ratings, investment banking and fund management. He has previously held several high-level positions at global financial institutions, notably Standard Bank, Fitch Ratings, J.P. Morgan and Investec Asset Management. Brent has worked at the Group since 2016.

DAVID NGATA
GROUP DIRECTOR, FINANCE


David holds a Bachelor of Commerce degree from the University of Nairobi. He is a Certified Public Accountant and a member of Institute of Certified Public Accountants of Kenya. He has over 20 year’s global working experience in the financial services industry. Prior to joining Equity Bank in 2018, he previously worked at American Express, where he held various roles including leading the global internal audit data analytics practice. He has also specialized in the audit of banking institutions, leasing companies, investment banks and broker dealers with KPMG in New York and Kenya.

Jumaane Tafawa

JAMES MUTUKU
GROUP DIRECTOR, TREASURY

James has a Bachelor of Arts in Economics and Sociology from Egerton University. He has over 20 years experience in the Treasury business having worked as a treasury dealer for Co-operative Bank of Kenya, Head of Money Markets and Fixed Income at KCB Kenya and the East Africa Head of Asset Liability Management (ALM), for Standard Chartered Bank Kenya. Before joining Equity Bank he was the immediate country Head of Financial Markets for Standard Chartered Bank Uganda, where he also doubled up as the Co-Head SCB Uganda Wholesale Bank. He brings a wealth of experience in balance sheet management, fixed income trading and general treasury management. He joined Equity Bank in 2016.

Kayaboke

JULIUS KAYOBOKE

GROUP DIRECTOR OF CUSTOMER EXPERIENCE AND PRODUCT MANAGEMENT

Julius holds an MBA from the University of Birmingham, UK including a year spent at the Pepperdine George Graziado Business School in California. He has professional qualifications in key accounts management, mainstream and premium brand positioning. He worked at Heineken Rwanda in 2001, where he rose from Project Manager to Marketing Director. He has vast experience in Marketing, Brand Management and Project Management. He has vast experience in the commercial disciplines of Marketing and Sales - both in Europe and throughout Africa. Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements.

Kayaboke

CHRISTINE AKINYI BROWNE

GROUP DIRECTOR OF LEGAL SERVICES & COMPANY SECRETARY

Christine is a Chevening Alumna who holds a Master of Laws from UCL - University of London. She is an accomplished legal practitioner and has previously worked at The World Bank and the Industrial Promotion Services (K) Limited (IPS). She joined the bank in 2014 after a six year stint as principal counsel at East African Development Bank. Prior to her current position, she was the General Manager for Legal, Corporate Banking. Christine is a member of Law Society of Kenya, Institute of Certified Public Secretaries of Kenya and International Commission of Jurists, Kenya Section.

Reuben Mbindu

BILDARD FWAMBA
CHIEF INTERNAL AUDITOR

Bildard holds a Bachelor of Commerce (Accounting) degree from Kenyatta University and is a Certified Public Accountant and a member of ICPAK. He has worked in the banking sector for 21 years, serving in senior management capacities. He has wealth of knowledge and experience in Financial Management, Risk Management, Internal Controls and Regulatory Oversight. He joined Equity Bank in 2004. Before his current role, Bildard served in various capacities in Equity Bank Kenya Limited including Compliance Manager, Head of Internal Audit, General Manager, Finance and General Manager, Internal Audit. He previously worked with Central Bank of Kenya and Britam.

Name

GERALD WARUI
DIRECTOR, OPERATIONS AND CUSTOMER EXPERIENCE

Gerald holds an Executive Masters of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT). He is also a Certified Public Accountant CPA (K) and a graduate of Advanced Management Program offered by Strathmore- IESE Business School, Barcelona Spain. A career banker, Gerald has vast experience in operations and customer service. Prior to his current position, he served as the Director of Human Resource and Customer Service. He has served in Equity Bank for 21 years.

Name

ELIZABETH GATHAI
DIRECTOR, CREDIT

Elizabeth holds a Master’s degree in Business Administration from the University of Nairobi, Bachelor of Commerce degree in finance, and is a Certified Public Accountant CPA (K). She is a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain) and Management Executive Programme (Maastricht School of Management (MSM) - Netherlands). She has 18 years of banking experience. Elizabeth joined Equity Bank in 2001.

Name

PHILIP SIGWART
DIRECTOR, SME BANKING
 
Philip holds an MBA from the University of Chicago, Booth School of Business and a Bachelor and a Master of Arts degree in Economics from the University of St. Gallen in Switzerland. He has over 20 years of experience in banking in transition economies and emerging markets in Eastern Europe, Latin America and Africa. He started his career as a bank advisor with the Russia Small Business Fund of the European Bank for Reconstruction and Development. In 2002 he transferred to the ProCredit Group, where he was CEO of ProCredit Bank Georgia and later the CEO of ProCredit Bank Kosovo. He also held directorships at ProCredit Bank Bolivia and ProCredit Bank Ecuador. His role immediately prior to joining Equity Bank was as Executive Chairman of ProCredit Bank in the D.R. Congo. Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements.

Name

ALLAN M. WAITITU
DIRECTOR, SPECIAL PROJECTS

Allan is a graduate in Business Information Technology and a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain). He has over 30 years’ experience in Information Technology and banking and previously served as Equity Bank’s Director of ICT and Innovations, and before that as General Manager of Operations. He joined Equity Bank in 2004. He is undertaking a Master in Business Administration Degree at Strathmore Business School.

Name

JOHN WAMAI
DIRECTOR, ICT - ENTERPRISE BUSINESS SYTEMS AND SERVICES

John holds a Master’s Degree in Business Administration (Management Information Systems) from Kenyatta University, a Bachelor’s degree in Economics and a Diploma in Computer Science. He also holds Prince II certification (Project Management). He has over 14 years of experience in Banking and Financial services, Information systems development and implementation, ICT Projects Management and ICT Operations. He has previously served in Project management and IT General Manager. He joined Equity Bank in 2004.

Kayaboke

DAVID NYAMU

DIRECTOR, MARKETING

David, holds a Bachelor of Education (Arts) Degree from Kenyatta University, Nairobi, Kenya. He holds an Advanced Diploma in Financial Sector Deepening (FSD), in addition to a Diploma in Business Management from the Kenya Institute of Management, Effective Director Master-Class from Strathmore Business School and is certified in Sales and Marketing through the SPIN Selling Skills Programme. He holds extensive experience in Banking and Finance spanning over 23 years. He joined Equity in 2008 and has held Senior Management positions at Equity Bank, as a Business Growth and Development Manager, a Senior Relationship Manager in Corporate & SME Banking and as the General Manager- Public Sector. Prior to his engagement with Equity Bank, David worked with Cooperative Bank in Corporate Banking, Charter House Bank as a Credit Manager and ABC Bank as a Marketing Manager. In addition to this, he holds various board positions in Equity Insurance Agency and various educational institutions.

Polycarp Igathe

POLYCARP IGATHE

MANAGING DIRECTOR, EQUITY BANK KENYA

Polycarp holds a Bachelor of Arts degree in Economics & Sociology from the University of Nairobi and is a graduate of the Strathmore University’s Advanced Management Program (AMP) with IESE Business School in Spain. He has successfully served in leading corporate entities as Regional MD East Africa of Tiger Brands International, MD of Haco Industries, Wines of the World and Vivo Energy. He has also held senior commercial roles as Sales and Marketing Manager at Coca-Cola SABCO, Africa Online and Marketing Manager at Kenya Breweries Ltd. He has served as Chairman Kenya Association of Manufacturers (KAM); Chairman Petroleum Institute of East Africa (PIEA); Director & Trustee Kenya Private Sector Alliance (KEPSA) and Chair Board of Management at BG Ngandu Girls High School. He has served as Chairman Kenya Association of Manufacturers (KAM); Chairman Petroleum Institute of East Africa (PIEA); Director & Trustee of the Kenya Private Sector Alliance (KEPSA). Prior to joining Equity Bank in 2018 as the Chief Commercial Officer, he served as the Deputy Governor in Nairobi County. Polycarp is celebrated as a Warrior of the Marketing Society of Kenya (MSK), Savant of Marketing by Marketing Africa Magazine and a Savant of Policy Advocacy by the Kenya Association of Manufacturers (KAM). Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements.

Samuel Kirubi

SAMUEL KIRUBI
MANAGING DIRECTOR, EQUITY BANK UGANDA

Samuel holds a Master’s Degree in Business Administration (Finance) from Moi University and a Bachelor of Arts degree in Economics and Statistics from Egerton University. He is a graduate of Advanced Management Programme (Strathmore IESE Business School, Barcelona Spain). He joined Equity Bank in 2001 and has gained vast experience in operations, marketing and customer service. Samuel was previously the Chief Operations Officer in Equity Bank South Sudan and most recently the Managing Director, Equity Bank Rwanda.

Bildad Fwamba

ANTHONY KITUUKA
EXECUTIVE DIRECTOR, EQUITY BANK UGANDA
 

Anthony holds an MBA in Oil and Gas from Middlesex University, London and a Bachelor’s Degree in Statistics and Applied Economics from Makerere University, Uganda. He is a Fellow of the Association of Chartered Certified Accountants Certificate (FCCA) and recently completed an Advanced Management Program from Strathmore, Lagos and IESE (Spain) Business Schools. He has over 12 years banking experience and has previously worked with Kenya Commercial Bank (KCB) and Barclays Bank Uganda Limited. He joined Equity Bank in 2014 and was previously the Group Executive Director for Regional Subsidiaries. DR. ADDIS ABABA OTHOW Managing Director, Equity Bank South Sudan Addis Ababa holds a Bachelor of Science in Economics, Master’s degree in Economic Development and a PhD in political economics from Al-Neelain University, Khartoum, Sudan. He also holds Bachelor Degree in Finance and Accounting from Hanze University, Groningen, Netherlands. Prior to joining Equity Bank, he initially worked at Al Neelain University, Khartoum, Central Bank of Sudan in 1997, Dubois & Co Chartered Accountants Amsterdam, The Netherlands.

Paul Gitahi

ADDIS ABABA OTHOW
MANAGING DIRECTOR, EQUITY BANK SOUTH SUDAN

Dr. Othow holds a Bachelor of Science in Economics, Master’s degree in Economic Development and a PhD in political economics from Al-Neelain University, Khartoum, Sudan. He also holds Bachelor Degree in Finance and Accounting from Hanze University, Groningen, Netherlands. He has a wide range of experience in banking, accounting, finance, and information system. Prior to joining Equity Bank, he initially worked as a teaching assistant at Al Neelain University, Khartoum and was later appointed as a banking inspector, Central Bank of Sudan in 1997. He worked as an assistant accountant and auditor at Dubois & Co Chartered Accountants Amsterdam, The Netherlands. He has also worked as head of nonbanking Division before he got transferred to be the Head of planning, regulation and licensing, central bank of south Sudan (BSS). He joined Equity Bank in February 2015.

Name

HANNINGTON NAMARA
MANAGING DIRECTOR, EQUITY BANK RWANDA

Hannington holds a degree in Business Administration – Finance from Makerere University Business School. He is a Fellow of the fourth class of the Africa Leadership Initiative-East Africa, a member of the Aspen Global Leadership Network and has received various trainings in corporate banking, credit, structured finance. He has over 15 years of experience as a Senior Private Sector Development specialist. He has extensive track record in Strategy, Leadership and Programme Management, Finance and Communications. He is currently the Managing Director of Equity Bank Rwanda. He has held various positions while working for TradeMark East Africa – Rwanda Country Programme, Rwanda Private Sector Federation, Commercial Bank of Rwanda (BCR), Rwanda Investment Export Promotion Agency (RIEPA-now known as Rwanda Development Board). He holds several positions of responsibility in Boards of Parastatals and Corporates.

Name

ROBERT KIBOTI
MANAGING DIRECTOR, EQUITY BANK TANZANIA (TZ)

Robert holds a Bachelor’s Degree in Economics and Administration from Maharshi Dayan University, India. He has attended several professional courses in banking and finance both locally and internationally. He has over 24 years’ experience in banking, where he has held various leadership positions. Before joining Equity Bank Tanzania, he was the General Manager in charge of Equity Supreme Centre. Prior to joining Equity Bank, he was in Industrial Development Bank, where he worked for 7 years in various capacities. Robert joined Equity Bank in May 2005. Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements.

Name

CELESTIN MUNTUABU
MANAGING DIRECTOR, EQUITY BANK DRC
 

Célestin holds a Master’s degree in Business Administration and Management from the Protestant University in Congo. Besides his training in leadership, he also holds a degree in Banking Administration from ProCredit Academy – Germany. Prior to joining the banking sector, he worked with the International Training Center, a consulting cabinet specialized in the training of the business executives in internal audit and strengthening of the systems of internal control of companies. Célestin is a Permanent Secretary and clerk trainer at the International Training Center. He has held various top level positions in ProCredit Bank Congo including Deputy CEO (2008 – 2014). He was listed for two consecutive years (2017 and 2018) among the Top 100 Young African leaders by Choiseul. Since March 2017, Celestin has been serving as Deputy Chairman of the United Nations Global Compact DRC Network.

Name

JACK NGARE
MANAGING DIRECTOR, FINSERVE AFRICA
 

Jack holds a Masters in Management from Harvard University, an MSC in Advanced Computer Science (Distinction) and BSC in Computer Science from the University of Leicester. He also holds a Graduate Diploma in Strategic Management from Harvard University, Certified Information Systems Security Professional (CISSP) and is a Certified Information Security Manager (CISM). He previously worked for British Telecom (Global Services) with assignments in UK, Saudi Arabia, Peru and a joint venture with NTT Docomo in Japan. He subsequently worked at Stanbic Bank and NIC Bank (Kenya, Uganda and Tanzania).Jack has in depth experience in management, the telco industry, mobile financial services and emerging technology risks and security. ERIC KAROBIA Group Director- Strategic Execution, PMO &ICT Governance, Finserve Eric holds a Bachelor of Arts degree in Economics and Mathematics from the University of Nairobi. He has over 15 years of experience in Banking and telecommunication covering Strategy, systems & Operations, Project Management customer management, Mobile Money product development, operations and general agent administration. He previously worked for Bharti Airtel Group International Netherlands B.V, as the Senior Manager, IT Products & Systems and at Equity Bank for 8yrs in various roles. His immediate former role was Head of Department, Product Development & Operations Financial Services Division (M-PESA) from 2012- 2014 at Safaricom Ltd, Senior Manager, Product Development & Operations, Strategic projects for the Financial Services Division (M-PESA) at Safaricom Ltd a position he held for 8 months before being promoted to HOD. Eric joined Equity Bank in 2014 as General ManagerInnovation, Product development & mobile payments a position that was hel d from July 2014 to Dec 2016.

Name

ERIC KAROBIA
EXECUTIVE DIRECTOR, FINSERVE AFRICA


Mr. Karobia holds a Bachelor of Arts degree in Economics and Mathematics from the University of Nairobi. He has over 14 years of experience in Banking and Mobile money covering IT Systems & Operations, Project Management, customer management, Mobile Money product development, Operations and general agent administration. He previously worked for Bharti Airtel Group International Netherlands B.V, as the Senior Manager, IT Products & Systems and at Equity Bank for 8yrs in various roles. His immediate former role was Head of Department, Product Development & Operations Financial Services Division (M-PESA) from 2012- 2014 at Safaricom Ltd, Senior Manager, Product Development & Operations, Strategic projects for the Financial Services Division (M-PESA) at Safaricom Ltd a position he held for 8months before being promoted to HOD. Mr. Karobia joined Equity Bank in 2014 as General Manager- Innovation, Product development & mobile payments a position that was held from July 2014 to Dec 2016. Currently he is the Group DirectorStrategic Execution, PMO &ICT Governance.