Our History

Equity Bank Limited (The “Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 – 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. ... Read More

Our Philosophy

We exist to transform the lives and livelihoods of our people socially and economically by availing them modern, inclusive financial services that maximize their opportunities.

Purpose

Transforming lives, giving dignity and expanding opportunities for wealth creation.

Vision

To be the champion of the socio-economic prosperity of the people of Africa

Mission

We offer integrated financial services that socially and economically empower consumers, businesses, enterprises and communities.

Positioning Statement

Equity provides Inclusive Financial Services that transform livelihoods, give dignity and expand opportunities.

Tagline

Your Listening, Caring Partner.

Motto

Growing Together in Trust.

Our Core Values

Our values are intrinsically weaved into our business, flowing through every aspect of our day to day and embracing it as our culture. They are reflections of what we believe in and as guiding principles provide a standard through which we measure ourselves.

 
 

Board Of Directors

ERASTUS J.O MWENCHA, EGH

ERASTUS J.O MWENCHA, EGH

NON-EXECUTIVE CHAIRMAN

Erastus holds an MA in Economics from the University of York and a B.A. (Hons) in Economics from the University of Nairobi. He was decorated by the President of the Republic of Kenya with the highest State commendation, “Elder of the Order of the Golden Heart” (EGH), in recognition of his contribution to national and regional development. He is the Chairperson of the Africa Capacity Building Foundation (ACBF) and TradeMark East Africa. In January 2008, he was elected as Deputy Chairperson of the African Union Commission by the Heads of State and Governments of the 55 Member States of the African Union and was re-elected in July 2012. Previously, he served for 10 years as Secretary-General for the 21 Member States of the Common Market for Eastern and Southern Africa (COMESA), the first Regional Economic Community to establish a Free Trade Area. Prior to his regional and continental assignments, Erastus served in the Government of Kenya in various senior positions. He is also a board member of Brenthurst Foundation and Coalition for Dialogue on Africa (CoDA).

Jane Ngige

Jane Ngige

NON-EXECUTIVE DIRECTOR

Jane Ngige holds a Food and Agriculture Biotechnology Master’s Degree: University of Reading - UK; a post-graduate certificate in International Food Laws: University of Michigan State-USA; Higher Diploma in Food Science and Technology; Kenya Polytechnic and Postgraduate Diploma: Food Processing, Quality Assurance & Marketing from the University of Wageningen. Jane’s professional experience spans the civil service, private sector, NGO’s as well as development agencies. She is the former Chief Executive of the Kenya Flower Council and the Kenya Horticulture Council over a period of 15 years. Prior to venturing into horticulture, Jane worked with the hospitality, food processing and manufacturing industries in several countries. Currently, she is a consultant and sits on various boards locally and internationally.

Prof. Shem Migot-Adholla

Prof. Shem Migot-Adholla

Non-Executive Director

Shem holds a PhD in Sociology of Development and a Master of Arts in Sociology from the University of California, Los Angeles. He was a Special Graduate Student in Agricultural Economics at Michigan State University and holds a Bachelor of Arts degree from the University of East Africa. He is a private consultant on agriculture and rural development, land policy reform and environmental issues based in Nairobi. Previously he was the Lead Specialist on Land Policy and Administration in the Agriculture Research Unit, World Bank, Washington. He also served in the Government of Kenya (on secondment from the World Bank) as Permanent Secretary, Ministry of Agriculture and Rural Development. He served as Associate Research Professor at the Institute for Development Studies (IDS) University of Nairobi and has numerous publications to his name focusing on land issues, pastoralism, farmers’ institutions and rural development. He has working experience in many African countries as well as Haiti, Kyrgyz Republic and several Asian countries. He is currently the Chairman of Equity Bank South Sudan, Chairman of the Council of Kenyatta University and a member of the Universities Funding Board. He has also served as Chairman of the Council of Kibabii University, Chairman of the Board Centre for Corporate Governance, was a Director of Housing Finance Company of Kenya Ltd and Vice-Chairman Board of Directors, Kenya Wildlife Service.

Adema Sangale

Adema Sangale

Non-Executive Director

Adema graduated top of her class at USIU and went on to receive post-graduate degrees from some of the world’s top universities. As a Chevening Scholar, she obtained a Master of Business Administration from Oxford University, UK, and thereafter, a Master’s in Public Administration & Public Policy from Harvard Kennedy School of Government, US, as an Edward S. Mason Fellow. She has worked mainly in the private sector for the past 23 years, starting out at Procter & Gamble East Africa where, at 27, she was the youngest regional CEO of a blue-chip company. She subsequently rose to senior leadership positions across Africa, Europe & North America. She has worked at UNEP as Chief of Brand and as a Senior Vice President Africa for a social impact organization. Most recently she worked in New York as a consultant with UN Women. She is currently the Managing Partner at C.Suite Africa, a management consultancy firm. Adema has received several nominations and recognitions. In 2012, she was recognized as a New Generation Leader by the African Leadership Network and has been honoured three times as “Top 40 Under 40” by Business Daily. In 2016, she was invited to the Paris-based Institut Choiseul’s as one of Africa’s top 100 emerging leaders. In 2018 she received the Distinguished Women’s Leadership Award and has recently been featured in The Journeys of Women Trailblazers in Kenya, a publication of the Kenya Government. She is passionate about Africa and sits on the Boards of several private and public sector organizations on the continent across various sectors.

Fredrick Muchoki, Ogw

Fredrick Muchoki, Ogw

Non-Executive Director

Fredrick is a businessman with vast commercial experience. He is the Managing Director of Continental Business Systems, Presta and Office Equipment Limited, Mugumo Coffee Ltd, Online Mobile Com. Ltd and Summerdale Inn Ltd.

MARY WAMAE

MARY WAMAE

EXECUTIVE DIRECTOR

Mary holds a Masters 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 graduate of the Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain) and the Advanced Management Programme at Harvard Business School. 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 an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development and has over 15 years’ experience in private legal practice.

Gerald Warui

Gerald Warui

MANAGING DIRECTOR, EQUITY BANK KENYA

Gerald holds an Executive Masters of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT). He is a Certified Public Accountant CPA(K) and a graduate of Advanced Management Program from Strathmore- IESE Business School, Barcelona Spain and a career banker. Gerald has vast experience in operations and customer service. Prior to his current position, he served as the Director of Operations. Before that, he served as the Director of Human Resource and Customer Experience. He joined Equity Bank in 1998.

PROF. ISAAC MACHARIA

PROF. ISAAC MACHARIA

NON-EXECUTIVE DIRECTOR

Isaac holds a Master of Medicine in Otorhinolaryngology, Bachelor of Medicine and Bachelor of Surgery from the University of Nairobi and is a Fellow of the College of Surgeons of East, Central and Southern Africa (COSECSA). He is a Professor of ENT, Head and Neck Surgery at the University of Nairobi. Isaac is the East African regional advisor for CBM in Ear and Hearing Care as well as being the Regional Secretary for Africa and the Middle East for the International Federation of Otorhinolaryngological Societies (IFOS). He is a past President of the Pan African Federation of Otorhinolaryngological Societies (PAFOS) and is a member of The Starkey Hearing Foundation Global Initiative Advisory Board. Prof Macharia was the founder Chairman of the Allergy Society of Kenya and the Cochlear Implant Group of Kenya (CIGOK). He is Chairman of Savannah Informatics, Jadala Investments and Co-founder as well as Chairman, Otolaryngology Associates and Nairobi ENT Clinic.

Prof. Timothy Waema

Prof. Timothy Waema

Non-Executive Director

Prof. Waema holds a PhD degree in Strategic Management of Information Systems from the University of Cambridge (UK) and a Bachelors Honours Degree in Electrical and Electronics Engineering from the University of Bath (UK). He is a Certified Formal Axiologist, Professional Driving Forces Analyst (CPDFA), Professional Behaviours Analyst (CPBA), Professional TriMetrix HD Analyst (CPHDA) and Professional Emotional Quotient Analyst (CPEQA). He is also a certified faculty for The Complete Leader Program and corporate governance trainer. He is a Professor of Information Systems in the School of Computing and Informatics in the University of Nairobi. He has consulted widely in Africa on ICT, strategy development and execution and has been involved in developing national policy and strategy documents relating to ICT and Science, Technology and Innovation. He has also been key in leading the innovation agenda of the University of Nairobi and has carried out innovation training for numerous organizations in Kenya. He sits in the Council of Strathmore University and is a member of the Advisory Board of the Carnegie Mellon University – Africa in Rwanda, which is the educational anchor tenant for the Kigali Innovation City in Rwanda. He is a Professional Member of the Association for Computing Machinery (ACM), the largest association of IT professionals globally.

Samuel Onyango

Samuel Onyango

NON-EXECUTIVE DIRECTOR

Sammy is the immediate former CEO of Deloitte East Africa. He has extensive audit and advisory experience, having served for 38 years in various audit roles and has contributed to the development of the accounting profession in East, Central and Southern Africa through past roles; including as Chair of the Institute of Certified Public Accountants of Kenya and President of the then East, Central and Southern Africa Federation of Accountants (ECSAFA), which he also represented in the International Federation of Accountants (IFAC). Sammy holds a Bachelor of Commerce, Accounting Option (First Class Honors) from the University of Nairobi and is a Fellow of the Institute of Certified Public Accountants of Kenya (FCPA), a Fellow of the Institute of Chartered Accountants in England & Wales (FCA), Institute of Certified Public Secretaries of Kenya. He also obtained training on Arbitration and Mediation at the International Law Institute, George Town University, Washington DC. He is a Non-Executive Director at British American Tobacco Kenya PLC and a Director at Jadala Investments Ltd.

Senior Management

John Wamai

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 as IT General Manager. He joined Equity Bank in 2004.

David Nyamu

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.

Allan  Waititu

Allan Waititu

DIRECTOR, OPERATIONS

Allan holds a Bachelor’s Degree in Business Information Technology and is a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain). He has a Master’s in Business Administration from Strathmore University Business School. He has over 30 years’ experience in Information Technology and banking having previously served as Equity Bank’s General Manager, Operations; Director, ICT and Innovations and Director, Special Projects. He is a member of the World Economic Forum (WEF) Global Future Council on the Future Humanitarian System 2019/2020. He is currently the Director, Operation, Equity Bank Kenya.

Elizabeth Gathai

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 a Certified Public Accountant CPA (K). She is also a Certified Public Secretary Part 2 (CPS). She is a graduate of Advanced Management Programme (Strathmore- IESE Business School, Barcelona Spain) and Management Executive Programme (Maastricht School of Management (MSM) - Netherlands). A career banker, Elizabeth has vast experience in credit. Prior to her current position, she served as the Director Credit among other senior leadership roles within the Bank. She has 20 years of banking experience having joined the bank in 2001.

Our Achievements

Equity Bank's business model has attracted both local and international recognition. On many occasions, the Bank has been invited to various international forums and bodies to share on its successes. Equity has also become a hub of other institutions worldwide keen on learning and exchanging insights on the Equity model of extending financial services to the low income segment and the un-banked population. A number of international luminaries have paid a courtesy call on Equity Bank on their mission to study poverty reduction initiatives in Africa. Among the dignitaries who have visited us are UN Advisor HRH Princess Maxima of Netherlands, former UN First Lady Nane Annan, CGAP President Elizabeth LittleField, WWB President Nancy Barry and Melinda French Gates.

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Equity Bank is Regulated by Central Bank of Kenya