Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc has announced the appointment of Gift Shoko as Managing Director.

Mr. Shoko is a seasoned banker with over 26 years of experience in the banking industry. He has a rich background in commercial multi-regional banking and leadership across Southern and Eastern Africa.

Prior to his appointment as MD, he served as the Executive Director of Equity Bank Uganda. Mr. Shoko holds a Bachelor of Business Studies and Computer Science degree from the University of Zimbabwe, a Masters in Business Administration (Banking and Finance) from CIMA in Nicosia, Cyprus, and several certifications in banking, finance, and leadership.

He is also a certified Executive Coach and a certified Genos Emotional Intelligence Coach, among other professional certifications. Before joining Equity, Mr. Shoko was the NCBA Group Director for Regional Business, overseeing all banking subsidiaries in East Africa. Earlier in his career, he served as the Chief Executive Officer of Commercial Bank of Africa (Tanzania) Limited for five years, where he was instrumental in steering its growth.

His career in banking began at Nedbank Zimbabwe, where he participated in the Graduate Management Training program before advancing through various senior management roles. He also served as the Group Chief Operating Officer and Group Chief Executive Officer at Trust Holdings Limited (THL), a Zimbabwe Stock Exchange-listed diversified financial services group, where he successfully reorganized the company and led its re-listing on the stock exchange.

He has a wealth of experience in corporate governance, having served on various boards in Zimbabwe, Zambia, and Malawi. The appointment of Mr. Shoko is subject to the approval of Bank of Uganda and follows the resignation of Mr. Anthony Kituuka as the Managing Director of Equity Bank Uganda. The Board congratulates Mr. Shoko on his appointment.