Equity’s James Mwangi named in 2019 list of top global innovators
Published on: December 18, 2019 09:29 (EAT)
Equity Group Managing Director James Mwangi has been named on the shortlist of 50 top innovators by the Bloomberg Business Week. The honorary list published last week sees Mwangi named alongside other top global entrepreneurs including Warner Media Chairman Jeff Zucker and singer turned business mogul Rihanna. Dubbed the Bloomberg 50 list, the accolade identifies top innovators, entrepreneurs and leaders who have notably impacted the global business landscape. “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. Mwangi’s listing makes for a tribute to his contribution of steering Equity Bank from a shaky Micro-Finance Bank (MFB) in the early 2000s’ to Kenya’s second largest bank by asset base and the first by virtue of market capitalization on the Nairobi Securities Exchange (NSE) Under his stewardship, Equity Group has grown to transcend Kenyan borders through acquisitions of stakes in neighbouring regional States. Further, the bank is on the verge of consolidating on its found pan-Africanism with the planned acquisition of Atlas Mara assets to see the Group set up shop in Zambia and Mozambique. The listing is only the latest for Mwangi who has previously garnered a variety of accolades for his contribution to the financial services sector. Dr. Mwangi has previously been named as the Chief Executive Officer of the Year by the Ernst and Young Consultancy in 2009 and 2015 and as the Banker of the Year in 2010,2011 and 2018. The Financial Times has previously named Mwangi as one of the top 50 thought leaders in emerging markets and among the top 20 most influential people in Africa.