Equity Bank Uganda Limited has confirmed the resignation of Mr. Anthony Kituuka as Managing Director, effective November 28, 2024. He will serve the three-month notice and officially leave the institution in March 2025. In a press release dated November 30, copy of which Uncovered Ug has seen, Equity Bank revealed that Kituuka’s resignation was formally…
Kenneth Onyango, the former executive director of commercial banking at Equity Bank, has been arrested in connection with a staggering fraud amounting to 62 billion shillings at the institution. Onyango, who held a prominent role overseeing day-to-day operations, was apprehended from a hideout in Kampala’s suburbs on Thursday, April 11, 2024. This development comes on…
Kenya’s Equity Bank, whose value rose from $22 million to $450 million, is the world’s second and Africa’s strongest banking brand, according to the 2024 Brand Finance’s Brand Strength and Brand Value rankings released recently. Indonesia’s BCA is the world’s strongest banking brand, with a brand strength index score of 93.8/100 and an elite AAA+…
