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Equity Bank - who will succeed JM- series 5
Mainat
#1 Posted : Thursday, October 04, 2012 9:40:26 AM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Ever since everybody realised how important JM was to Equity, the eternal question has become, who'll fill JM's size 23 shoes when he leaves.
It has become such an issue that even the normally dozzy CBK has gotten involved.
6 years down the line, many failed experiments, I still think Mary Wamae should be given the job. Illogical I know.
But Julius Kipngetich is not the answer...Ireri would do a better job imho.
Sehemu ndio nyumba
mwekez@ji
#2 Posted : Thursday, October 04, 2012 9:50:41 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Mainat wrote:
Ever since everybody realised how important JM was to Equity, the eternal question has become, who'll fill JM's size 23 shoes when he leaves.
It has become such an issue that even the normally dozzy CBK has gotten involved.
6 years down the line, many failed experiments, I still think Mary Wamae should be given the job. Illogical I know.
But Julius Kipngetich is not the answer...Ireri would do a better job imho.


We need Ireri stay in HFCK to take it to heights smile
mwekez@ji
#3 Posted : Thursday, October 04, 2012 10:32:21 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121

Equity Bank Limited Management changes

http://www.nse.co.ke/listed-com...mited-management-changes

The file is missing. What's all this
madollar
#4 Posted : Thursday, October 04, 2012 10:57:48 AM
Rank: Veteran


Joined: 11/17/2009
Posts: 2,038
Location: GA
Mainat wrote:
Ever since everybody realised how important JM was to Equity, the eternal question has become, who'll fill JM's size 23 shoes when he leaves.
It has become such an issue that even the normally dozzy CBK has gotten involved.
6 years down the line, many failed experiments, I still think Mary Wamae should be given the job. Illogical I know.
But Julius Kipngetich is not the answer...Ireri would do a better job imho.


ireri and wamae would not resonate with its clients and workers imagine the two opening a branch in gikomba they are too posh

KIP AND JM have similar management styles bottom - up approach especially to workers that what made the two organizations to stand out in the last decade
mwekez@ji
#5 Posted : Thursday, October 04, 2012 11:26:28 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
madollar wrote:
Mainat wrote:
Ever since everybody realised how important JM was to Equity, the eternal question has become, who'll fill JM's size 23 shoes when he leaves.
It has become such an issue that even the normally dozzy CBK has gotten involved.
6 years down the line, many failed experiments, I still think Mary Wamae should be given the job. Illogical I know.
But Julius Kipngetich is not the answer...Ireri would do a better job imho.


ireri and wamae would not resonate with its clients and workers imagine the two opening a branch in gikomba they are too posh

KIP AND JM have similar management styles bottom - up approach especially to workers that what made the two organizations to stand out in the last decade


Have you checked the projects HFCK are undertaking targeting the common? Have you checked their products (loans, savings accounts, current accounts)? If you do, you will realize that Ireli is a smart and versatile manager able to move an organisation to heights. Just like Equity Bank shareholders needs Mwangi to stay, HFCK's need Ireri to stay

.
mwekez@ji
#6 Posted : Thursday, October 04, 2012 11:28:44 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
In the time, Julius Kipng’tich has been appointed Chief Operations Officer, Equity Bank

http://twitdoc.com/view.asp?id=...key-19gpfpua7u5u0qw8kumu
Aguytrying
#7 Posted : Thursday, October 04, 2012 11:50:35 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Any wise management always plans for succession. Like Berkshire Hathaway is doing now. Im sure JM has planned for it, all great managers should.
The investor's chief problem - and even his worst enemy - is likely to be himself
QD
#8 Posted : Thursday, October 04, 2012 12:47:18 PM
Rank: Member


Joined: 8/5/2009
Posts: 597
Aguytrying wrote:
Any wise management always plans for succession. Like Berkshire Hathaway is doing now. Im sure JM has planned for it, all great managers should.


and me think KIP has been tapped to take over from JM later.

This move en that of MOO of KCB of allowing room for others to take charge is commendable as now organizations have human resource growth.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
kollabo
#9 Posted : Thursday, October 04, 2012 1:22:51 PM
Rank: Veteran


Joined: 2/3/2012
Posts: 1,317
QD wrote:
Aguytrying wrote:
Any wise management always plans for succession. Like Berkshire Hathaway is doing now. Im sure JM has planned for it, all great managers should.


and me think KIP has been tapped to take over from JM later.

This move en that of MOO of KCB of allowing room for others to take charge is commendable as now organizations have human resource growth.


It remains to be seen what role the ethnic equation will play in the final analysis.
Sufficiently Philanga....thropic
#10 Posted : Thursday, October 04, 2012 1:50:35 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
@Kollabo,FYI,when you are targeting central and Southern african countries, you think beyond tribe!
@SufficientlyP
Richie rich
#11 Posted : Thursday, October 04, 2012 2:20:40 PM
Rank: New-farer


Joined: 9/29/2012
Posts: 79
Sufficiently Philanga....thropic wrote:
@Kollabo,FYI,when you are targeting central and Southern african countries, you think beyond tribe!

You are right,its what the person brings in not the tribe.i strongly believes JM is an exellent strategist and member is going to great hights.
The God of the day is still God in the night.
Iganamagana
#12 Posted : Thursday, October 04, 2012 2:24:18 PM
Rank: Veteran


Joined: 3/27/2009
Posts: 1,437
kollabo wrote:
QD wrote:
Aguytrying wrote:
Any wise management always plans for succession. Like Berkshire Hathaway is doing now. Im sure JM has planned for it, all great managers should.


and me think KIP has been tapped to take over from JM later.

This move en that of MOO of KCB of allowing room for others to take charge is commendable as now organizations have human resource growth.


It remains to be seen what role the ethnic equation will play in the final analysis.



Was there ever an ethnic question? Or you still believe those urban myths that this is a Central Kenya Organization? This is a private sector business not a political party or a parastatal where such issues are always on the table. The private sector usually goes for the best.
gmg
#13 Posted : Thursday, October 04, 2012 2:38:42 PM
Rank: Member


Joined: 3/17/2009
Posts: 201
Former KWS boss Kipngetich lands top job at EQUITY BANK ….http://www.kenyan-post.com/2012/10/he-was-headed-to-equity-bank-former-kws.html
Kwanini
#14 Posted : Thursday, October 04, 2012 4:03:54 PM
Rank: Member


Joined: 1/28/2009
Posts: 353
Location: Cloud
on 27.9 i attended a functon that Kip was the Guest of honour. What pleasantly surprised me - he arrived at the venue 15 mins before slotted time. His down to earth demenour left many surprised... taking ketepa just like everyone inspite of the host trying to steer him away from Gatembura! Most memorable was his speech. Nothing to read, but everyone was super attentive. Finally to drive the point home, Kip unleashed a video to cap his remarks .... the little blue dot. was impressed!
"For i am the master and the captain of my fate"
GGK
#15 Posted : Thursday, October 04, 2012 5:21:57 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
kollabo wrote:


It remains to be seen what role the ethnic equation will play in the final analysis.


Ethnicity does not come into every facet of life. Shareholders are interested in bottom-line. Customers are interested in good services. Does it matter who delivers that? IMHO CAPITAL NO.

In public sector may be some semblance of ethnic balance may need to be maintained for everyone to be deemed to have participated. But in private sector meritocracy should be the guiding principle
"..I am because we are. "― Ubuntu, Umtu,
youcan'tstopusnow
#16 Posted : Thursday, October 04, 2012 5:40:12 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The shoes are humungous. When the time comes, whoever it is will be forced to pad the front of the shoes with karatasi ndio zimtoshe vizuri.
GOD BLESS YOUR LIFE
GGK
#17 Posted : Thursday, October 04, 2012 5:41:15 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
youcan'tstopusnow wrote:
The shoes are humungous. When the time comes, whoever it is will be forced to pad the front of the shoes with karatasi ndio zimtoshe vizuri.

Applause Applause Applause
"..I am because we are. "― Ubuntu, Umtu,
Gatheuzi
#18 Posted : Thursday, October 04, 2012 5:44:18 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
We all want Equity to get the succession right, I believe they will. Just like for Safcom, when Bob took over, his style was different and this is what we will get for Equity. The key point will be how prepared the successor will be to take the bank to continued growth.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
obiero
#19 Posted : Thursday, October 04, 2012 9:37:17 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,568
Location: nairobi
Gatheuzi wrote:
We all want Equity to get the succession right, I believe they will. Just like for Safcom, when Bob took over, his style was different and this is what we will get for Equity. The key point will be how prepared the successor will be to take the bank to continued growth.

Dont even mention Safaricom. Their takeover was bungled. Bob only loves festivals, twitter and women. He does not really care about Safaricom as a business. To be frank, it is MPESA and customer loyalty that is keepin Safaricom afloat.

COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
maka
#20 Posted : Thursday, October 04, 2012 10:00:09 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
obiero wrote:
Gatheuzi wrote:
We all want Equity to get the succession right, I believe they will. Just like for Safcom, when Bob took over, his style was different and this is what we will get for Equity. The key point will be how prepared the successor will be to take the bank to continued growth.

Dont even mention Safaricom. Their takeover was bungled. Bob only loves festivals, twitter and women. He does not really care about Safaricom as a business. To be frank, it is MPESA and customer loyalty that is keepin Safaricom afloat.

...truth be told,its the structures that MJ created way back that are still working...if Bob wud have bin the 1 to start scom it wud hv done badly.
possunt quia posse videntur
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