Equity Bank has appointed Gift Shoko as its new Managing Director following the resignation of Anthony Kituuka. Kituuka served as the bank’s Managing Director for a year, having been appointed in 2024.
Shoko, who holds a Bachelor’s degree in Business Studies and Computer Science from the University of Zimbabwe, also earned a Master’s in Business Administration (MBA) from the Chartered Institute of Management Accountants (CIMA). In addition to his academic qualifications, Shoko is a certified executive coach and a Genos Emotional Intelligence coach.
Before joining Equity Bank, Shoko gained extensive experience in the banking sector. He worked with NCBA for five years as the Director of Regional Business and also served as the Chief Executive Officer (CEO) of the Commercial Bank of Africa in Tanzania.
Shoko’s career began at Nedbank Zimbabwe, where he joined the Graduate Management Training Program. He later rose to senior management positions at the bank. Additionally, he has held leadership roles at Trust Holdings Limited, a diversified financial services group listed on the Zimbabwe Stock Exchange, where he served as both the Chief Operating Officer and the Group CEO.
Under the leadership of Shoko, Equity Bank aims to navigate challenges and drive growth after facing recent setbacks, including reports of theft that have impacted its performance in recent years.
