Polycarp Igathe, former Nairobi Deputy Governor is now the Managing Director of Equity Bank Kenya Limited. He has been the Chief Commercial Officer of Equity Bank since May when he went back to corporate business from politics.
His appointment follows Equity Bank Group’s strategy of separating the management of its subsidiaries from the Holding Company. This role was previously with Dr. James Mwangi who goes on to stay as the Group CEO and Managing Director to oversee overall strategic direction and oversight for the group. One of the subsidiaries, Finserve was recently relaunched as an independent brand with Managing Director Jack Ngare.
Mr. Igathe has previously been CEO of Cocacola SABCO, Africa Online, EABL, Haco Industries, Wines of the World, Tiger Brands International and Vivo Energy.
He is also the only Deputy Governor to resign from his job in Kenya after leaving his post which he held for less than half a year. Which is a record political stint.