×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Equity to award employees cheap shares in Bank in major win for staff

Equity Bank CEO Dr. James Mwangi during the Q1 2024 Investor Briefing event. [Wilberforce Okwiri,Standard]

Equity Bank employees will now have the opportunity to own shares in the tier-one lender through an employee share ownership plan (ESOP).

The plan outlined in a notice on Tuesday will be interrogated by shareholders at the bank's upcoming annual general meeting (AGM) to be held virtually on June 26.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Remittances slide under Trump policies
Opinion
How effective is your board in these changing times?
Business
Safaricom shareholding change won't alter governance - Ndegwa
Business
Kenya Pipeline IPO launches as State eyes Sh106b