Equity Group Holdings clinches CIO100 award 2025 for excellence in banking technology
L-R: Michael Kwofie, Equity Group Chief Information Officer (4th from left), with CIO100 Award 2025 awarded to Equity by the CIO100 representative (3rd from left). Alongside are members of the Equity Group Technology Governance and ICT team. Equity Group Holdings Plc was named the winner of the CIO100 Award 2025 in the PlusOne Awards Banking Sector Category, in recognition of its excellence in technology leadership and digital transformation. The recognition positions Equity among the top 100 organizations in Africa that have demonstrated outstanding achievements toward critical business goals.
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The accolade places Equity among Africa’s top 100 organizations that have demonstrated exceptional progress toward critical business and innovation goals.
The award was presented at the annual CIO100 Symposium and Awards, held under the theme “Innovation at Scale: Driving Business Growth Through IT Leadership.”
This year’s event celebrated 100 organizations from across the continent for their achievements in leadership, innovation, and the adoption of emerging technologies, including generative AI and edge computing.
Equity’s win highlights the Group’s strategic commitment to harnessing technology to drive business value, strengthen operational resilience, and advance inclusive financial services across Africa.
Now in its 17th year, the CIO100 Awards continue to spotlight institutions championing digital transformation. Organizers reported a record 1,200 applications in 2025, submitted by enterprises, government agencies, NGOs, and start-ups from East, West, and Southern Africa, as well as Mauritius—making the competition more competitive than ever.
Speaking after receiving the award, Michael Kwofie, Equity Group’s Chief Information Officer, said:
Equity Group Managing Director and CEO, Dr. James Mwangi, lauded the achievement, noting:
“This award is a testament to the power of purpose-driven leadership and the extraordinary synergy between vision, innovation, and execution. At Equity, we are not just leveraging technology to improve banking; we are reimagining what is possible for Africa.”
In recent years, Equity has invested heavily in technology infrastructure, digital platforms, and innovation labs to support its growth agenda.
The Group has deployed advanced digital integrations across markets, strengthened fraud controls, and enhanced AI and data governance frameworks to future-proof its operations.
These efforts aim to boost uptime, improve service stability, and reinforce customer trust as the Group positions itself to capitalize on emerging opportunities in digital finance, data innovation, and e-commerce.
The Group’s initiatives align with broader macro trends highlighted in the CIO100 MegaTrends Report, including accelerated adoption of cloud computing, AI, data analytics, cybersecurity, IoT, and edge computing.
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