Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nairobi Stock Exchange  >  Equity Group Holdings Plc    EQTY   KE0000000554

EQUITY GROUP HOLDINGS PLC

(EQTY)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Equity : Appoints Veteran Insider as MD Following Igathe's Resignation

share with twitter share with LinkedIn share with facebook
share via e-mail
08/07/2019 | 03:06am EDT

Equity Bank Kenya, a subsidiary of Equity Group Holdings Plc announced the appointment, Monday, of its long serving Director, Gerald Warui as its 4th Managing Director in its 35-year history.

This follows the board's acceptance of the resignation of Polycarp Igathe who leaves the position at the end of August. Igathe will rejoin his previous employer, Vivo, to take up a newly created role as Executive Vice President of Sales and Marketing for Africa.

The Equity Board received and accepted Igathe's resignation letter today following his eight-month tenure in the role. To ensure a smooth transition of operations Igathe will hand over his duties to Warui before his departure at the end of August.

Equity Group places a premium on developing strong, broad based management talent and over the last five years the financial industry has benefited significantly from this pool and many of its team members now hold senior roles in leading companies across Africa, including four of its own subsidiaries in Uganda, Tanzania, Rwanda and South Sudan.

Warui has served Equity Bank for 21 years. He holds an Executive Master of Business Administration degree from Jomo Kenyatta University of Agriculture and Technology (JKUAT) and is also a Certified Public Accountant CPA (K), and a graduate of Advanced Management Program offered by IESE Business School, Barcelona, Spain.

Copyright Capital FM. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on EQUITY GROUP HOLDINGS PLC
05/29EQUITY : Registers 14% Drop in Net Profit on Sh3 Billion Provisions on Loans
AQ
05/28EQUITY : Bank Kenya Limited will provide ATM security with ATMeye.iQ
AQ
05/18Coronavirus widens climate rift between European and U.S. oil majors
RE
05/18Coronavirus widens climate rift between European and U.S. oil majors
RE
05/14MANULIFE WOULD BE 'VERY HAPPY' TO BO : Cfo
RE
05/08EQUITY GROUP HOLDINGS PLC : Annual results
CO
04/30EQUITY : Mastercard Foundation Commits USD $5 Million to Protect Kenyan Health C..
AQ
04/28EQUITY : Bank Donates COVID-19 Test Kits Worth Rwf1 Billion
AQ
04/08EQUITY GROUP HOLDINGS PLC : Slide show results
CO
03/20EQUITY : Posts a 14% Rise in Net Profits to Hit Sh22.6 Billion
AQ
More news
Financials
Sales 2019 72 992 M 687 M 687 M
Net income 2019 22 497 M 212 M 212 M
Net Debt 2019 - - -
P/E ratio 2019 5,92x
Yield 2019 6,43%
Capitalization 133 B 1 248 M 1 251 M
EV / Sales 2018
Capi. / Sales 2019 1,82x
Nbr of Employees 6 318
Free-Float 81,8%
Chart EQUITY GROUP HOLDINGS PLC
Duration : Period :
Equity Group Holdings Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQUITY GROUP HOLDINGS PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 51,94 KES
Last Close Price 35,05 KES
Spread / Highest target 110%
Spread / Average Target 48,2%
Spread / Lowest Target 9,56%
EPS Revisions
Managers
NameTitle
James Njuguna Mwangi Group CEO & Non-Independent Executive Director
David Raymond Ansell Chairman
Hakan John Wilson Chief Operating Officer
David Ngata Group Director-Finance
Mary Wangari Wamae Non-Independent Executive Director
Sector and Competitors