Equity Bank appoints new CFO.

Equity Bank has appointed John Staley as the new Chief Finance Officer, after the departure of Samuel oduor, who had held the post previously. Mr. Oduor had differed with the Bank’s CEO Mr. James Mwangi, over the bank’s strategy as it aims to consolidate its position as the market leader. Started in Murang’a in 1984 as a building society, the bank has grown to be one of the most profitable banks in
Kenya. Initially relying on the low income earners, the bank is now moving to capture the high end market, long seen as a market for the multinationals such as Barclays and Standard Chartered Bank.

Posted in: Business News