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TodayThursday, May 07, 2026

Equity Bank- Page 2

From Left to Right: Rosa Nduati-Mutero, Managing Partner, ALN Kenya, Equity Group Chairman, Prof. Isaac Macharia, and Equity Group Managing Director and CEO, Dr. James Mwangi, during the Group’s 21st Annual General Meeting. Equity Group Shareholders approved a record Kshs. 16 billion dividend payout at Kshs. 4.25 per share, reaffirming the Group’s commitment to shareholder returns. They also endorsed key governance policies, approved new board appointments, acknowledged the retirement of four longtime directors, and authorized the opening of a Representative Office in the UAE.

Equity Bank Set to Open in United Arab Emirates

In a landmark decision, Equity Group has received shareholder approval to establish a Representative Office in the United Arab Emirates (UAE), marking a significant step in its strategic expansion beyond Africa. Subject
June 30, 2025
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Left: James Mwangi, Group CEO of Equity Bank, who is leading the regional integrity purge; Right: Gift Shoko, Managing Director of Equity Bank Uganda, now overseeing the enforcement of the group-wide cleanup in Uganda as staff face fresh audits and ethics probes.

Equity Bank Uganda Staff on Tenterhooks as James Mwangi’s Intra-Group Integrity Cleanup Enters Kampala

The wave of integrity audits that saw over 1,200 employees sacked in Kenya is now sweeping across Equity Group’s subsidiaries in East Africa, with Uganda the latest to feel the heat. Staff
June 12, 2025
Bank CEOs dominating Banccasurance sector. From top left: Absa Bank Acting MD David Wandera, Stanbic Bank new CEO Mumba Kalifungwa, Centenary Bank MD Fabian Kasi, Equity Bank MD Gift Soko, and dfcu Bank MD Charles Mudiwa.

Meet the Big Bankers Bossing the Bancassurance Sector

Beyond the conventional channels of writing insurance premiums, insurers have also built a new revenue stream of bancassurance through which they partner with banks to recruit new policyholders.  During the three months
March 4, 2025
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Justice Ssekaana ruled that while banks have a duty to ensure compliance with anti-money laundering regulations, they must do so within the confines of the law and reasonable due diligence. The judgment noted that Equity Bank did not report the transaction to the FIA within the legally mandated 48-hour window but only did so 16 days later, after legal action had commenced.

Ugandan Court Faults Equity Bank for Freezing Client’s UGX85 Million

In a ruling that could redefine customer-bank relationships in Uganda’s financial sector, the High Court of Uganda has found Equity Bank Uganda Limited guilty of unlawfully freezing a customer’s account, a decision
February 14, 2025
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