APPOINTMENT

Equity picks group chief operating officer

This points towards the lender’s transformation plan to deliver integrated financial services

In Summary
  • He is tasked to oversee the enhancement of the Group’s capacity to deliver on its strategy.
  • He is also to work with the subsidiaries to deliver globally benchmarked banking services and solutions while leveraging on technology.
Equity Group Holdings plc newly appointed Group Chief Operating Officer Samuel Kirubi
Equity Group Holdings plc newly appointed Group Chief Operating Officer Samuel Kirubi
Image: HANDOUT

Equity Group Holdings Plc has appointed Samuel Kirubi the new Group Chief Operating Officer (GCOO).

This points towards the lender’s transformation plan to deliver integrated financial services under the One Equity business model.

He is expected to oversee the enhancement of the Group’s capacity to deliver on its strategy by aligning people, processes, systems, commercial business and business risk to customers aspirations.

Kirubi also faces the task of working with all the banking subsidiaries to deliver globally benchmarked services and solutions while leveraging on technology to drive efficiency and seamless customer experience.

Commenting on the appointment, Equity group managing director James Mwangi said that as the bank rolls out its ambitious Africa Recovery and Resilience Plan which aims at hitting 100 million by 2025, there is need for a transformation strategy.

“This calls for the scaling up of our operations, footprint and distribution infrastructure driven by digitisation and virtualisation of the bank,” Mwangi said.

He said the board has expressed confidence in Kirubi’s capability, experience and knowledge of the transition culture in taking up this responsibility at a critical time of the bank’s growth and expansion.

Mwangi further noted that the bank has been undergoing internal business transformations and Kirubi’s appointment will boost the initiatives as he joins the base of management executives to drive the execution of the lender’s strategy.

Kirubi moves to the new position as an insider, stepping from his current position of the managing director of Equity Bank Uganda.

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