Equity Group Appoints Samuel Kirubi As Chief Operating Officer

Equity Group Holdings Plc has announced the appointment of Samuel Kirubi as the Group Chief Operating Officer (CFO)

Kirubi’s appointment is a promotion from the position of Managing Director, Equity Bank Uganda, he will now head the Group operations from Equity’s head office in Nairobi.

He holds a Masters Degree in Business Administration from Moi University and a BA in Economics and Statistics from Egerton University.

He joined Equity Bank in 2001 and has gained vast experience in operations, marketing, and customer service. He previously served as Chief Operations Officer in Equity Bank South Sudan from 2009.

Thereafter, he was promoted to the Founding Managing Director of Equity Bank Rwanda in 2011 before being reassigned in the same position to Equity Bank Uganda in 2015.

During his tenure in Uganda, he turned the subsidiary from loss-making to becoming the 5th most profitable bank in Uganda and the third most profitable subsidiary of Equity Group after Kenya and DRC.

“As Equity rolls out its ambitious Africa Recovery and Resilience Plan with the aim of scaling its customer base to 100 million by 2025, this calls for the scaling up of our operations, footprint and distribution infrastructure driven by technologically driven digitization and virtualization of the Bank,” said. James Mwangi, Equity Group Managing Director and Chief Executive Officer.

“The Board has expressed confidence in Kirubi’s capability, experience, and deep knowledge of the transition culture in taking up this responsibility at a critical time of the bank’s growth and expansion.”

Prior to joining as a staff, Kirubi was one of Equity Group’s pioneer interns in the bespoke Equity Leaders Program (ELP).

He will 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.

He will work with all the banking subsidiaries to deliver globally benchmarked exceptional banking services and solutions and leverage on technology to drive efficiency and seamless customer experience characterized by ease and convenience of lifestyle.

Speaking on his appointment, Samuel Kirubi said, “I am delighted and humbled at the opportunity afforded to me by the board to steer the Group’s operations across the Group.  My commitment to the Board is that I will uphold their expectations and work with my colleagues in taking Equity to the next level as we focus our eyes to making Equity the home of 100 million customers.”

The Board of Equity Bank Uganda congratulated Samuel Kirubi for his exemplary leadership and turnaround of Equity Bank Uganda.

In his place, the board has appointed Anthony Kituuka, the current Executive Director as the Managing Director.

Anthony has been working under Samuel Kirubi since 2015 providing a smooth transition of leadership in that subsidiary.