300:, where he worked for three years before joining Trade Bank. In 1991, he left his job as the group's financial controller at Trade Bank on invitation by the then-senior executives of Equity Building Society (EBS), the precursor to Equity Bank, to steer the financial institution from insolvency. Mwangi joined Equity Building Society as the Finance and Operations Director, a position he held until 2004 when he became the CEO. Together with the then managing director, John Mwangi, and the chairman,
581:
570:
468:
397:. Additionally, he is on the Economic Advisory Board to the president of IFC (International Finance Corporation), the Advisory Network to the High-Level Panel for a Sustainable Ocean Economy, the Nairobi Advisory Board of Columbia Global Centres, Yale University President’s Council on International Activities, the Inaugural Board of African Leadership Academy and has been chair of the steering committee of the
44:
225:, circa 1962. Mwangi alongside his six siblings were raised by their widowed mother, Grace Wairimu. He witnessed the struggles in his family and community at an early age to make a livelihood, which inspired him to better his circumstances. Mwangi credits his mother for instilling the virtues of discipline, hard work, giving back to society, and humility from a tender age.
317:, in 1993. Mwangi was appointed Director of Strategy and Finance and set about retraining staff focusing on customer care. He also encouraged them to use their networks to attract members to the society and use 25% of their salaries to buy Equity Building Society shares. In 1997, the society began to sell shares to customers and pay annual dividends.
458:
His family’s notable contributions include US$ 4 million in donations to support the COVID-19 Response in Kenya, Rwanda, and DRC. US$ 1 million to set up a business incubation center at Meru
University of Science and Technology, US$ 500,000 to his local village school, Nyagatugu Secondary
454:
In 2010, under Mwangi's leadership, Equity Bank launched the Wings to Fly initiative, which provides scholarships to needy students in Kenya. Since its inception, a total of 26,304 students have benefited from the program, with 633 having joined leading global learning institutions.
335:
In 2020, Equity Bank was granted approval to merge two subsidiaries (Equity Bank Congo (EBC) and Banque
Commercial du Congo (BCDC)) in the Democratic Republic of Congo(DRC). The two subsidiaries formed a new bank by the name
312:
60,000 at the time) annually and, at that time, had accumulated total losses of KSh.33 million/= (approx. US$ 380,000 at the time). Equity had been declared insolvent at position 66 out of 66 by its regulator, the
228:
He attended
Nyagatugu Primary School in Kangema Village, going on to attend Ichagaki Secondary School on a government scholarship. He attended Kagumo High School for his A-level education, where he studied economics,
304:, they constituted the board. Mwangi converted his KSh.7 million/= deposit at the time with Equity Building Society to ordinary shares, making him one of the key shareholders. The company was losing
1411:
332:. Equity Group Holdings is a large financial services organisation in East Africa in terms of customer base and has an asset base valued at over KSh.900 billion/= (approx. US$ 9 billion).
201:
Mwangi was included among The
Financial Times' 2009 list of the top 50 thought leaders of emerging markets and the top 20 most influential people in Africa. He was the founding chairman of
205:
Delivery Board from 2007-2019, charged with ensuring Kenya became a middle-income country with high living standards by 2030. He is a
Presidential National Task Force member on the Kenya
393:
He has also served on the UN Advisory Groups on
Inclusive Finance and Global Sustainability. He also served as an external advisor on a high-level panel on inclusive finance to the
1654:
416:
from 2003 to 2007 and became the Vision 2030 Delivery Board chair from 2007 to 2019. During this period, Kenya’s GDP rose tenfold from US$ 10 billion to US$ 100 billion.
138:
Turning around Equity Bank from a loss making entity in 1993 and making it one of the largest banks in East and
Central Africa with an asset base of USD 9 billion as at 2020.
912:
1628:
280:. He also has a Doctor of Business Management (Honours Causa) from Meru University of Science and Technology and a Doctorate of Letters from Africa Nazarene University.
1443:
1992:
1603:
1788:
1004:
277:
1218:
2243:
1421:
1907:
2263:
2258:
694:
405:’s (United Nations Development Program) African Influencers for Development (AI4Dev), private sector AfroChampions initiative, and a board member of
209:
Emergency
Response Fund and chair of its health committee. Mwangi is also the current Chancellor, Meru University College of Science and Technology.
1577:
328:
and the Rwanda Stock
Exchange in 2015. As of December 2019, the group had subsidiaries in six countries and a commercial representative office in
989:
778:
491:
1056:
427:. According to the allegations, Mwangi used police to evict personnel of a private company Mount Pleasant and installed his security personnel.
1245:
1856:
1525:
1497:
1108:
1985:
1737:
1662:
497:
1684:
1030:
198:, the banking conglomerate with one of the largest customer bases on the African continent, over 14 million as of December 2019.
830:
722:
1271:"Equity Group CEO appointed to the Columbia Global Centers - The Exchange Equity Group CEO appointed to the Columbia Global Centers"
590:
585:
580:
574:
569:
386:
Advisory Board of
Agriculture and Initiative for Global Development, and The Global Agenda Council on New Economic Thinking of the
182:
1364:
967:
1270:
1978:
1382:
803:
641:
2238:
352:
1444:"Equity Bank's Group Managing Director & CEO Dr. James Mwangi, talks philanthropy during Covid-19 at Africa.com Webinar"
1940:
1881:
596:
Uzalendo (patriotism) Award - a commendation by the president of Kenya for contribution to the country's COVID-19 response.
913:"Meru University of Science and Technology confers Equity Boss with his fifth Honorary Doctorate degree - Kenya Engineer"
1832:"Equity CEO Dr. James Mwangi Wins The Banker of the Year in the African Banker Awards. Check Out His Other Achievements"
2015:
621:
435:
Mwangi is married and has three sons. Together with his wife they own shares in the stock of Equity Group Holdings and
337:
1166:
2116:
394:
261:
2248:
398:
1789:"Best of African Capital Markets: 2009 Africa investor Index Series Awards Winners | African Capital Markets News"
667:
2253:
1831:
1133:
1766:
459:
School, and US$ 300,000 each to both the African Leadership Academy, South Africa and Church House in Uganda.
382:
New Alliance For Food Security And Nutrition, President Barack Obama’s Initiative for Global Development, the
611:
482:
406:
195:
128:
616:
503:
Financial Times’ Top 50 Emerging Market Business Leaders and the 20 Most Influential People in Africa, 2011
1965:
2228:
2176:
246:
1471:
325:
265:
206:
375:
1553:"IIEC- Meru University of Science and Technology Innovation, Incubation and Entrepreneurship Centre"
1296:
269:
222:
748:
2233:
2081:
2065:
2030:
443:
887:
249:
of Kenya (CPAK) examinations. He is also a graduate of the advanced management programme at the
2223:
2213:
1908:"Health DG Amoth among 68 Kenyans conferred Presidential Order of Service Award " Capital News"
1138:
321:
293:
289:
838:
2111:
2001:
1936:
1416:
1197:
891:
865:
360:
314:
238:
154:
84:
20:
2218:
2035:
699:
387:
309:
250:
242:
1710:
726:
366:
Mwangi has also served on boards and in advisory roles at the Global Advisory Council for
8:
348:
344:
273:
186:
is a Kenyan accountant, career banker, businessman, and entrepreneur. He is the current
2040:
2025:
356:
230:
1193:
2020:
1810:"Africa: Dr. James Mwangi Scoops CEO of the Year Award At the Africa Investor Summit"
983:
413:
202:
187:
146:
2180:
1387:
297:
1809:
1081:
1530:
1171:
436:
305:
1932:
64:
2207:
1738:"James Mwangi, Equity Bank CEO, is Forbes Africa Person of the Year for 2012"
420:
1882:"Award of orders, decorations and medals on Jamhuri Day, 12th December 2006"
1338:
1143:
549:
Ernst & Young Africa Entrepreneur of the Year award Master Category 2011
1578:"Equity CEO James Mwangi sets record with Sh300m donation to Covid-19 fund"
1502:
107:
506:
African Person of the Year Runner-up - Commonwealth Business Council, 2009
301:
1970:
1448:
1219:"Equity gets approval to merge DRC subsidiaries into new bank branches"
779:"OBG talks to James Mwangi, Chairman, Kenya Vision 2030 Delivery Board"
371:
97:
528:
African Business Leader of the Year - The Africa Investor Awards, 2013
1317:
938:
367:
254:
234:
467:
1857:"THE KENYA GAZETTE Published by Authority of the Republic of Kenya"
1762:
1365:"Equity Bank CEO James Mwangi Accused Of Grabbing Land In Muthaiga"
552:
African Banker Awards, African Banker of the Year: 2010, 2011, 2018
424:
329:
2189:
1655:"Equity Group's Dr. James Mwangi Honored in the 2019 Bloomberg 50"
401:(YALI) Regional Leadership Center, East Africa. He is a member of
1005:"Equity Bank and the Hunger Safety Net Programme (HSNP) in Kenya"
218:
60:
1526:"James Mwangi, Family Donate Sh300mn To Fight COVID-19 In Kenya"
1498:"Equity Bank's Wings to Fly scholarship targets 30,000 students"
1246:"Equity Group Chief Executive joins IFC Economic Advisory Board"
1031:"Understanding the Re-birth of Equity Building Society in Kenya"
522:
African CEO of the Year- African Business Leadership Awards 2020
419:
In September 2020, it was alleged Mwangi was taken to court for
1604:"Equity's James Mwangi wins 2020 Oslo Business for Peace Award"
1552:
541:
531:
Innovation Leader of the Year- The Africa Investor Awards, 2012
102:
43:
24:
772:
519:
Think Business Banking Awards- CEO of the Year: 2019 and 2020,
324:(NSE). On 18 June 2009, the group's stock cross-listed on the
1475:
537:
All Africa Business Leader Award- ABN & CNBC Africa 2012
774:
555:
CEO of the Year - The Africa Investor Awards, 2009 and 2015
534:
African Leader of the Year- African Leadership Network 2012
525:
Banker Africa (East Africa), Banker of the Year: 2017, 2018
402:
777:), Site designed and built by Hydrant (19 November 2014).
1685:"James Mwangi of Equity honored in the 2019 Bloomberg 50"
383:
191:
150:
379:
1629:"Equity's Mwangi feted for financial inclusion effort"
278:
Jomo Kenyatta University of Agriculture and Technology
1082:"The career profile of Equity Bank CEO James Mwangi"
412:
Mwangi served on the technical team that formulated
288:
Mwangi began his career in banking as an auditor at
1057:"Peaks and valleys of Equity's 35 years expedition"
1029:Coetzee, Gerhard; Mnjama, Andrew; Kabbucho, Kamau.
558:
Africa Investor Awards, CEO of the Year: 2009, 2015
1028:
2205:
695:"Success Story of Equity Bank CEO, James Mwangi"
492:Ernst and Young's World Entrepreneur of the Year
260:Mwangi holds five honorary doctorate degrees, a
1412:"Mwangi family's fortune in Equity tops Sh12bn"
860:
858:
856:
338:Equity Banque Commercial du Congo (Equity BCDC)
340:which made it the second largest bank in DRC.
1986:
1109:"Equity Group lists on Rwanda Stock Exchange"
2244:Bank presidents and chief executive officers
1383:"James Mwangi: A Life Stranger Than Fiction"
853:
804:"James Mwangi: A Life Stranger Than Fiction"
642:"James Mwangi: A Life Stranger Than Fiction"
988:: CS1 maint: numeric names: authors list (
668:"Ten least known Kenyan women billionaires"
498:International Planned Parenthood Federation
212:
1993:
1979:
276:, and Doctor of Entrepreneurship from the
245:degree, after which he sat and passed the
42:
2132:Ambassador Erastus J O Mwencha (Chairman)
2000:
1557:Meru University of Science and Technology
943:Meru University of Science and Technology
19:For the Kenyan long-distance runner, see
2264:Morans of the Order of the Burning Spear
2259:Chiefs of the Order of the Burning Spear
1523:
1243:
1164:
466:
1735:
1495:
1167:"Equity in 20pc Profit Rise To Sh3.8bn"
888:"Dr. James Mwangi | School of Business"
831:"The Education History of James Mwangi"
2206:
1829:
961:
959:
725:. Equity Bank of Kenya. Archived from
343:He also serves as a guest lecturer at
1974:
1905:
1652:
749:"50 emerging market business leaders"
692:
353:Massachusetts Institute of Technology
1524:Njugunah, Margaret (30 April 2020).
1409:
1244:Njugunah, Margaret (12 March 2018).
1106:
1002:
462:
442:Mwangi is the executive chairman of
423:of property of a private company in
1943:from the original on 18 August 2020
1769:from the original on 18 August 2020
1653:Mutai, Anthony (10 December 2019).
1165:Kangethe, Kennedy (17 April 2014).
968:"The Transformation of Equity Bank"
956:
828:
723:"Equity Bank of Kenya: Our History"
500:(IPPF) Award for Philanthropy, 2012
370:., the Global Advisory Council for
320:In 2006, Equity Bank listed on the
13:
1717:. Ernst & Young Global Limited
1496:Wanzala, Ouma (11 December 2015).
1318:"SDG Center for Africa Governance"
693:Kwama, Kenneth (4 December 2013).
622:List of wealthiest people in Kenya
14:
2275:
1959:
965:
446:(EGF), which he founded in 2008.
395:Bill and Melinda Gates Foundation
262:Doctor of Business Administration
1410:Juma, Victor (20 October 2014).
1134:"Equity Bank Cross-Lists on USE"
1054:
579:
568:
509:The G8 Global Vision Award, 2007
430:
399:Young African Leaders Initiative
2141:Mary Wamae - Executive Director
1925:
1899:
1874:
1849:
1823:
1802:
1781:
1755:
1736:Mulunda, Luke (14 April 2016).
1729:
1703:
1677:
1646:
1621:
1596:
1570:
1545:
1517:
1489:
1472:"Equity Group Foundation (EGF)"
1464:
1436:
1403:
1375:
1357:
1331:
1310:
1289:
1263:
1237:
1211:
1186:
1158:
1126:
1100:
1074:
1048:
1022:
996:
931:
905:
880:
449:
1142:. 21 June 2009. Archived from
822:
796:
766:
741:
715:
686:
660:
634:
1:
1830:Ndonga, Elsie (24 May 2018).
627:
612:Equity Group Holdings Limited
601:Source: Equity Group Holdings
483:Oslo Business for Peace Award
407:Sustainable Development Goals
192:Group Chief Executive Officer
2239:University of Nairobi alumni
1966:Webpage of Equity Bank Group
1906:Kihiu, Njoki (1 June 2020).
617:List of African millionaires
591:Head of State's Commendation
409:Center for Africa (SDGC/A).
359:, IESE Business School, and
7:
829:Rix, Craig (24 July 2012).
605:
322:Nairobi Securities Exchange
247:Certified Public Accountant
57:1962 (age 61–62)
10:
2280:
586:Order of the Burning Spear
575:Order of the Burning Spear
326:Uganda Securities Exchange
308:5 million/= (approx.
292:. After a short period at
266:Kenya Methodist University
18:
2166:
2125:
2104:
2090:
2074:
2049:
2008:
1765:. African Banker Awards.
868:. Columbia Global Centers
808:African Business Magazine
646:African Business Magazine
376:Clinton Global Initiative
283:
196:Equity Group Holdings Plc
168:
160:
142:
134:
129:Equity Group Holdings Plc
124:
116:
90:
80:
72:
53:
41:
34:
1297:"Nairobi Advisory Board"
1055:Omar, Sigomba Ramadhan.
966:Chris, Ogbechie (2009).
775:http://www.hydrant.co.uk
546:Person of the Year: 2012
270:Doctor of Humane Letters
223:Kenya's Central Province
213:Early life and education
179:James Mwangi (born 1962)
2249:Kenyan chief executives
2105:Historical acquisitions
2082:Equity Group Foundation
2059:Equity Insurance Agency
2056:Equity Consulting Group
2031:Equity Bank South Sudan
1763:"African Banker Awards"
1345:. Central Bank of Kenya
1003:John, Ratichek (2011).
970:. Lagos Business School
917:www.kenyaengineer.co.ke
471:Mwangi pictured in 2007
444:Equity Group Foundation
188:Group Managing Director
147:Group Managing Director
2254:Kenyan philanthropists
2062:Equity Investment Bank
472:
23:. For other uses, see
2002:Equity Group Holdings
1937:Equity Group Holdings
1862:. Government of Kenya
1417:Business Daily Africa
1343:www.centralbank.go.ke
1198:Equity Group Holdings
892:University of Nairobi
783:Oxford Business Group
470:
361:Lagos Business School
315:Central Bank of Kenya
239:University of Nairobi
155:Equity Group Holdings
85:University of Nairobi
21:James Mwangi Macharia
2036:Equity Bank Tanzania
1371:. 14 September 2020.
1194:"Investor Relations"
1107:Reporter, Standard.
388:World Economic Forum
251:IESE Business School
243:Bachelor of Commerce
241:, graduating with a
2126:Board of directors:
1887:. The Kenya Gazette
414:Kenya’s Vision 2030
349:Columbia University
345:Stanford University
296:, he moved over to
274:Kenyatta University
217:Mwangi was born in
2229:Kenyan accountants
2138:(Group MD and CEO)
2050:Financial services
2041:Equity Bank Uganda
2026:Equity Bank Rwanda
1691:. 10 December 2019
1659:Horticultural News
1424:on 23 October 2014
1391:. 6 September 2012
1146:on 21 October 2014
1088:. 14 February 2016
866:"Dr. James Mwangi"
810:. 6 September 2012
729:on 20 October 2014
648:. 6 September 2012
488:Bloomberg 50, 2019
473:
357:Harvard University
231:English literature
2201:
2200:
2171:: 8,959 (2019) -
2153:Dr. Helen Gichohi
2147:Evelyn Rutagwenda
2144:Dr. Edward Odundo
2021:Equity Bank Kenya
1665:on 14 August 2020
1277:. 28 January 2019
841:on 3 October 2014
463:Awards and honors
294:Price Water House
290:Price Water House
203:Kenya Vision 2030
176:
175:
117:Years active
2271:
2196:
2193:
2192:.equitybankgroup
2191:
1995:
1988:
1981:
1972:
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1689:Capital Business
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1661:. Archived from
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1531:Capital Business
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1420:. Archived from
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1388:African Business
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1339:"Annual GDP CBK"
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1250:Capital Business
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1225:. 6 January 2021
1223:The East African
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1172:Capital Business
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919:. September 2014
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903:
902:
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898:
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846:
837:. Archived from
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563:National Honours
237:. He joined the
185:
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31:
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1584:. 30 April 2020
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1036:. Microsave.net
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