Guess who’s the new boss? Polycarp Igathe lands top job at Equity Bank
Former Nairobi Deputy Governor Polycarp Igathe is the new Managing Director of Equity Bank Kenya, five months after joining the bank as its Chief Commercial Officer.
His promotion comes eight months after he resigned from his position as Governor Mike Sonko’s deputy citing a poor work relationship
“The Board has completed the process of separating the operations and management of the Kenya subsidiary from that of the Group and appointed Polycarp the Managing Director of Equity Bank Kenya. Polycarp’s strong values and passion have enabled him to quickly fit well in the Equity Group organizational culture,” said Equity Bank Group Chief Executive Dr James Mwangi announced on Thursday.
He added: “He has distinguished himself as a results oriented and committed business leader who is renowned for fostering productive partnerships with external stakeholders and customers, resulting in delivery of outstanding company results. He has taken over a very successful subsidiary and market leader. We believe he has the skills, competence, capability and vision to retain Equity Bank Kenya in its leadership position while taking it to the next level.”