Igathe quits Equity Bank

By Gitahi Ngunyi

Former Nairobi Deputy Governor will leave Equity Bank at the end of August, a statement from the banking group has confirmed.

In the statement, the group said Igathe’s resignation letter was recieved today in the morning and was accepted by the board.

The board immediately appointed its long serving Director, Gerald Warui as its 4th Managing Director to replace Igathe.

“Igathe will rejoin his previous employer, Vivo, to take up a newly created role as Executive Vice President of Sales and Marketing for Africa,” said the statement from the banking group.

Warui has served Equity Bank for 21 years. He holds an Executive Master of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT) and is also a Certified Public Accountant CPA (K), and a graduate of Advanced Management Program offered by IESE Business School, Barcelona, Spain. A career banker, Gerald has vast experience spanning over 30 years and has headed operations, customer service and HR within the Group. He is currently Director of Operations and Customer Service in Equity Bank Kenya.  As Managing Director of Equity Bank Kenya Mr. Warui’s appointment is subject to approval by the Central Bank of Kenya.

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