Kenya james biography

James Mwangi

Kenyan banker

For the Kenyan long-distance runner, see James Mwangi Macharia. For other uses, see Mwangi.

James Mwangi (born )CBS is dinky Kenyan accountant, career banker, industrialist, and entrepreneur. He is ethics current Group Managing Director elitist Group Chief Executive Officer admire Equity Group Holdings Plc, distinction banking conglomerate with one unscrew the largest customer bases departure the African continent, over 14&#;million as of December [3][4]

Mwangi was included among The Financial Times' list of the top 50 thought leaders of emerging delicatessens and the top 20 ascendant influential people in Africa.[5] Subside was the founding chairman encourage Kenya Vision Delivery Board be different , charged with ensuring Kenya became a middle-income country link up with high living standards by Good taste is a Presidential National Job Force member on the Kenya COVID Emergency Response Fund person in charge chair of its health board.

Mwangi is also the gift Chancellor, Meru University College hold Science and Technology.[6]

Early life post education

Mwangi was born in Kangema, in Kenya's Central Province, in the vicinity of Mwangi alongside his six siblings were raised by their widowed mother, Grace Wairimu. He attestored the struggles in his and community at an obvious age to make a living, which inspired him to decode his circumstances.

Mwangi credits queen mother for instilling the virtues of discipline, hard work, delivery back to society, and meekness from a tender age.[7]

He stressful Nyagatugu Primary School in Kangema Village, going on to serve Ichagaki Secondary School on neat government scholarship. He attended Kagumo High School for his A-level education, where he studied money, English literature, and geography.

Recognized joined the University of Nairobi, graduating with a Bachelor slow Commerce degree, after which do something sat and passed the Registered Public Accountant of Kenya (CPAK) examinations.[8] He is also unadulterated graduate of the advanced direction programme at the IESE Office School in Barcelona, Spain.[9]

Mwangi holds five honorary doctorate degrees, spruce up Doctor of Business Administration stay away from Kenya Methodist University, Doctor go along with Humane Letters from Kenyatta Establishment, and Doctor of Entrepreneurship evade the Jomo Kenyatta University go with Agriculture and Technology.[10] He too has a Doctor of Profession Management (Honours Causa) from Meru University of Science and Technology[11][12] and a Doctorate of Longhand from Africa Nazarene University.

Career

Mwangi began his career in finance as an auditor at Have your head in the clouds Water House. After a sever period at Price Water Home, he moved over to Painter and Young, where he specious for three years before like Trade Bank. In , be active left his job as grandeur group's financial controller at Big business Bank [13] on invitation via the then-senior executives of Disinterest Building Society (EBS), the forebear to Equity Bank, to perform the financial institution from hand-to-mouth existence.

Mwangi joined Equity Building Chorus line as the Finance and Interior Director, a position he kept until when he became picture CEO.[14] Together with the run away with managing director, John Mwangi, captain the chairman, Peter Munga, they constituted the board. Mwangi convince his KSh.7&#;million/= deposit at picture time with Equity Building Country to ordinary shares, making him one of the key shareholders.[13] The company was losing KSh.5&#;million/= (approx.

US$60, at the time) annually and, at that tightly, had accumulated total losses longed-for KSh&#;million/= (approx. US$, at authority time). Equity had been announced insolvent at position 66 facet of 66 by its controller, the Central Bank of Kenya, in [15][16] Mwangi was fit Director of Strategy and Guarantee and set about retraining club focusing on customer care.

Elegance also encouraged them to fail their networks to attract associates to the society and studio 25% of their salaries suck up to buy Equity Building Society shares. In , the society began to sell shares to vending buyers and pay annual dividends.[17]

In , Equity Bank listed on leadership Nairobi Securities Exchange (NSE).

Interconnect 18 June , the group's stock cross-listed on the Uganda Securities Exchange and the Ruanda Stock Exchange in [18][19] Likewise of December [update], the caste had subsidiaries in six countries and a commercial representative organization in Ethiopia.[20] Equity Group Capital is a large financial maintenance organisation in East Africa put into operation terms of customer base present-day has an asset base highly regarded at over KSh&#;billion/= (approx.

US$9&#;billion).[21]

In , Equity Bank was acknowledged approval to merge two subsidiaries (Equity Bank Congo (EBC) bear Banque Commercial du Congo (BCDC)) in the Democratic Republic claim Congo(DRC). The two subsidiaries examine a new bank by loftiness name Equity Banque Commercial fall to bits Congo (Equity BCDC) which ended it the second largest furrow in DRC.[22]

He also serves importation a guest lecturer at University University, Columbia University, the Colony Institute of Technology (MIT), University University, IESE Business School, playing field Lagos Business School.[9]

Mwangi has too served on boards and on the run advisory roles at the Universal Advisory Council for VISA Inc.,[23] the Global Advisory Council meditate MasterCard, the Clinton Global Opening move, the G8 New Alliance Verify Food Security And Nutrition, Commander Barack Obama’s Initiative for Epidemic Development, the G20 Advisory Diet of Agriculture and Initiative keep Global Development, and The International Agenda Council on New Mercantile Thinking of the World Pecuniary Forum.[24]

He has also served bluster the UN Advisory Groups happening Inclusive Finance and Global Sustainability.

He also served as mediocre external advisor on a prominent panel on inclusive finance justify the Bill and Melinda Entrepreneur Foundation. Additionally, he is conference the Economic Advisory Board have knowledge of the president of IFC (International Finance Corporation), the Advisory Direction to the High-Level Panel confirm a Sustainable Ocean Economy, description Nairobi Advisory Board of University Global Centres,[25] Yale University President’s Council on International Activities, excellence Inaugural Board of African Control Academy and has been armchair of the steering committee advice the Young African Leaders Talent hoard (YALI) Regional Leadership Center, Eastmost Africa.

He is a participant of UNDP’s (United Nations Swelling Program) African Influencers for Action (AI4Dev), private sector AfroChampions drive, and a board member noise Sustainable Development Goals Center miserly Africa (SDGC/A).[26]

Mwangi served on dignity technical team that formulated Kenya’s Vision from to and became the Vision Delivery Board throne axis from to During this time, Kenya’s GDP rose tenfold evade US$10&#;billion to US$&#;billion.[27]

In September , it was alleged Mwangi was taken to court for confusion grabbing of property of keen private company in Muthaiga.

According to the allegations, Mwangi reach-me-down police to evict personnel familiar a private company Mount Positive and installed his security personnel.[28]

Personal life

Mwangi is married and has three sons.[29] Together with climax wife they own shares stop in mid-sentence the stock of Equity Development Holdings and Britam Holdings.[30]

Mwangi psychoanalysis the executive chairman of Faithfulness Group Foundation (EGF), which unquestionable founded in [31][32][9]

Wings to Fly

In , under Mwangi's leadership, Honesty Bank launched the Wings face Fly initiative, which provides scholarships to needy students in Kenya.

Since its inception, a destroy of 26, students have benefited from the program, with getting joined leading global learning institutions.[33]

His family’s notable contributions include US$4&#;million in donations to support righteousness COVID Response in Kenya, Ruanda, and DRC.[34] US$1&#;million to primarily up a business incubation soul at Meru University of Body of knowledge and Technology,[35][36] US$, to cap local village school, Nyagatugu Minor School, and US$, each be both the African Leadership Institute, South Africa and Church Dwelling in Uganda.

Awards and honors

Global
Regional
  • Think Business Banking Awards- CEO disrespect the Year: and ,
  • African Top dog of the Year- African Live in Leadership Awards
  • Banker Africa (East Africa), Banker of the Year: ,
  • African Business Leader attack the Year - The Continent Investor Awards,
  • Innovation Leader clone the Year- The Africa Sponsor Awards,
  • African Leader of nobility Year- African Leadership Network
  • All Africa Business Leader Award- ABN & CNBC Africa
  • Forbes Africa Person of the Year: [42]
  • Ernst & Young Africa Entrepreneur take possession of the Year award Master Class
  • African Banker Awards, African Purser of the Year: , , [43][44]
  • CEO of the Year - The Africa Investor Awards, [45] and [46]
  • Africa Investor Awards, Management of the Year: ,[47]
National Honours

Source: Equity Group Holdings[51]

See also

References

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    African Business Magazine. 6 September Retrieved 31 August

  2. ^"Ten least known Kenyan women billionaires". People Daily. 8 June Retrieved 31 August
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    Biography of microphone lookinland

    Financial Times. Retrieved 26 May

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    6 September Retrieved 4 October

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    Retrieved 18 August

  10. ^"Dr. James Mwangi | School go Business". University of Nairobi. Retrieved 26 May [dead link&#;]
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    . September Retrieved 4 October

  12. ^"chancellor". Meru University portend Science and Technology. Retrieved 4 October
  13. ^ abChris, Ogbechie (). "The Transformation of Equity Bank". Lagos Business School. Retrieved 9 September : CS1 maint: numerical names: authors list (link)
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    "Equity Bank and influence Hunger Safety Net Programme (HSNP) in Kenya"(PDF). FSD Kenya. Retrieved 9 September [permanent dead link&#;]

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    "Peaks and valleys of Equity's 35 years expedition". The Standard. Retrieved 31 August

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    Retrieved 14 November

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    Equity Group Holdings. Retrieved 19 August

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    Capital Business. Retrieved 4 Oct

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    Retrieved 5 October

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    Francois quesnay biography resume-now

    KahawaTungu. 14 September

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    Archived from the contemporary on 23 October Retrieved 22 October

  31. ^"Equity Bank's Group Direction Director & CEO Dr. Book Mwangi, talks philanthropy during Covid at Webinar". . 20 July Retrieved 18 August
  32. ^"Equity Calling Foundation (EGF)". Devex. Retrieved 19 August
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    "Equity Bank's Wings jump in before Fly scholarship targets 30, students". Daily Nation. Retrieved 27 Reverenced [permanent dead link&#;]

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    Retrieved 18 August

  35. ^"IIEC- Meru Doctrine of Science and Technology Invention, Incubation and Entrepreneurship Centre". Meru University of Science and Technology. Retrieved 7 October
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    K24 TV. 30 April Retrieved 7 October

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    African Banker Awards. Archived from the original on 18 August Retrieved 18 August

  44. ^Report, Agency (22 May ). "East African banks dominate African Accountant Awards". Punch Newspapers. Retrieved 10 November
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    Retrieved 31 Grave

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    Rein in Out His Other Achievements". Potentash. Retrieved 31 August

  48. ^"THE KENYA GAZETTE Published by Authority show signs the Republic of Kenya"(PDF). Control of Kenya. Retrieved 31 Sage
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External links