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Equity Group Board Chair, David Ansell retires as Professor Isaac Macharia takes over



The Equity Group Board has appointed Professor Isaac Macharia Equity Group Holdings Board Chairman succeeding David Ansell who retires having served in the Equity board for nine years.

David Ansell, a career banker served as Chief Executive Officer and Managing Director at Ecobank Transnational Inc. and as the Regional Director for Citibank in Kenya. Prior to becoming Equity Group Holdings Board Chair, he served the Company on the subsidiary Boards of Equity Bank Tanzania, Democratic Republic of Congo (DRC), Uganda and Rwanda where he also served as the Board Chairman. He is the second Chairman of Equity Group Holdings Board having taken over from the Founding Chairman Dr. Peter Munga.

Dr. James Mwangi, Managing Director and CEO of Equity Group paid tribute to David Ansell saying, “I have personally gained much insight from David’s leadership and especially from his immense knowledge and expertise in asset-liability and risk management. David will always be a valued member of the Equity family.”

Isaac Macharia a professor of ENT (Ear, Nose and Throat), Head and Neck Surgery at the University of Nairobi holds a distinguished career in the medical field including holding leadership positions in international professional organisations and consulting for WHO in his area of speciality.

He joined Equity Bank Kenya Board in 2015 and became the Chair in 2017. In this role, Professor Macharia has demonstrated his passion and commitment to the Equity vision of championing the social economic prosperity of the people of Africa.

Acknowledging his appointment, Professor Macharia said his focus would be to prioritize innovation and use of technology to provide the highest quality of service and experience to customers during his tenure.

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