Polycarp Igathe has been appointed as the Managing Director of Equity Bank Kenya. The bank is the Kenyan subsidiary of Equity Group Holdings Plc.
According the move is part of the financial services group strategy of separating the management of its subsidiaries from that of the holding company. Dr. James Mwangi will now serve as the Group Chief Executive and Managing Director of Equity Group Holdings Plc.
Polycarp joined Equity as the Chief Commercial Officer five months ago. He was previously the Deputy Governor of Nairobi County and the CEO of Vivo Energy Kenya.