Equity Bank has appointed John Wilson as Group Chief Operating Officer (COO).
He will lead the bank’s Pan African expansion strategy as well as accelerate the digitization efforts. The Pan African strategy aims to expand operations to 15 countries by 2024.
Wilson has experience in the East and Southern Africa financial institutions having served at the World Bank for 14 years, 11 years at IFC and 3 years at the International Bank of Reconstruction and Development. Wilson was serving as head of financial institutions in East and Southern Africa at the International Finance Corporation (IFC).
Equity bank group recently signed a preliminary agreement with Atlas Mara Limited giving it entry into Zambia and Mozambique. Moreover, in 2019 Equity opened a commercial representative office in Addis Ababa, Ethiopia.
Equity Bank is currently the largest bank in Eastern and Central Africa region with over 14 million customers, the largest in market capitalization, and the second-largest in assets size.
It is listed at the Nairobi securities exchange and cross-listed in Uganda Stock Exchange and Rwanda Stock Exchange. It has banking subsidiaries in Kenya, Uganda, Tanzania, Rwanda, South Sudan, and DRC.