As an Equity shareholder, I hope Muguku left a proper will otherwise it'll be chaos if family has decides to sell the shares...

10 out of 14 you say??? So its kkk,kkk,kkk,k bank ?

@Whynow!!! you sound like moreno ocampo's candidate.

Mlennyma - Respond to my last para.

[quote=obiero]10 out of 14 directors and general managers at Equity are from Central Kenya! Impunity!!!!!
http://www.equitybank.co.ke/about.php?subcat=4[/quote]

So what is the problem with that? compare with the cylinder company and no one is making noise

Once upon a time there was a company called Thabiti Finance. The employees conducted biz in their mother tongue. " Ehero kelna file no". "Omera eduaroo chul pesa adi". All the directors and the GMs were from the same region.

Mwanahisa please give us a company owned by a luo and provide the breakdown of the management.

Thankyou for calling a spade a spade. When I point out that fact, soem idiot screaams here that am attacking soem pple from western region of the country. In the naem of being sensitive to tribal issues, we look the other way even when can help our brothers grow up. Like, a jang'o wants to live at large while his ukuyu fellow works hard. When the ukuyu becoems rich, the jaruo jinga says it is unfair for ukuyu to have so much money while others don't. So, issues of directors in Equity is based on controlling shareholders in a private company. You cant say oduor otieno is a genius as he found the bank strategy, vision and everything set for him by one Gareth george and terry davidson.

I would not have said it better!!!


Whether ni mwangi nad wife and children....i dont care....all i need is fat divinded cheque na capital appreciation.

@Obiero.....i am not frm central kenya....but your level of thinking does not befit a wazua member Kama unataka kuwa mmoja wao.....soma kabisa....then make an application....utapelekwa kisumu ama kisii ama anywhere then tuone....

Wololo yaye, @winston is right, and our tribalism is beginning to show on this thread...


No one disputes Nelson Muguku is a brilliant entrepreneur and deserves the success. Viewed against today's business daily lead story Revealed: The waning value of directors in corporate Kenya, it makes sense why as @seeders says, one would believe a more varied board would bring greater value to the business.

Seems, I should have kept my "trap" shut, as per my first instincts. For the record, I am not from Western Kenya - although it would not matter even if I were.

Equity Bank is a listed company so its relatively easy for me to get that kind of information at the click of a mouse. I am not able to do that for private companies, so I am afraid I can't give you that information. There are not that many companies on the NSE where the founders are from Western Kenya.

However, the point is not to compare companies owned by people who trace their antecedents from Central Kenya versus others. I am equally uncomfortable with a company largely owned by Englishmen, Asians or others having 80% of their management ranks being populated by persons from their kinsfolk.

In the case of EB, if they ever want to shed the tag of a Central Kenya outfit, I think they have to work on increasing the diversity of their key employees. In the mean time, I continue to laud the good performance of the bank. I just happen to believe that it can be done with more representation of management from across the region. I rest my case!