Africa

Bloomberg Businessweek honours Equity Bank’s managing director, Dr Mwangi

Bloomberg Businessweek has honoured Dr James Mwangi, the managing director of Kenya’s regional bank, Equity Bank, alongside 50 other innovators, entrepreneurs and leaders who have impacted the global business landscape in measurable ways.

Dr Mwangi was honoured alongside environmental activist, Greta Thunberg; New Zealand Prime Minister, Jacinda Ardern; Comedian, Jon Stewart; Singer, Rihanna; CNN President and Warner Media Chairman, Jeff Zucker; Founder of Fair fight, Stacey Abrams, and gymnast, Simone Biles, among others.

“I am honoured to be part of this incredible group of people who are changing the world in significant ways and driving their important messages home, with commitment and passion,” said Dr Mwangi.

“Our vision is to be the champion of socio-economic prosperity of the people of Africa by providing the capacity, tools and technologies to do so,” he added in a statement issued in Nairobi on Tuesday, 10 December 2019.

Dr Mwangi is being lauded for his contribution in steering Equity Bank to have a presence in the greater Central and Southern Africa region.

This is through the bold move of acquiring stakes in DRC, Mozambique and Zambia’s banking sector through transactions with the Banque Commercial du Congo (BCDC) and Atlas Mara Ltd respectively.

The Bank also opened a representative office in Ethiopia, becoming one of the biggest banks with regard to customer penetration in Eastern and Central Africa.

The Bloomberg 50 represents the most influential thought leaders in business who merit recognition and applause for their achievements in the business scene.

It highlights inspirational innovators, entrepreneurs and leaders who are changing the game in quantifiable ways – from finance to fashion, entertainment to manufacturing, biotech, philanthropy and almost everything in between.

– APA