Dr James Mwangi serves as the Managing Director and Chief Executive Officer of Equity Group Holdings. Under his guidance, the financial company expanded to six African countries, with an asset value of $9 billion as of 2020.
The Kenyan entrepreneur and banker is known for democratising financial access in the country. This led to his features in some renowned publications. This includes the Financial Times’ 2009 ‘top 50 thought leaders of emerging markets’ and ‘top 20 most influential people in Africa’.
Here are some things worth knowing about the multi-versatile businessman.
The first Sub-Saharan African to win Ernst & Young World Entrepreneur award
In 2012, James Mwangi broke a new record in Sub-Saharan Africa when he received the Ernst & Young World Entrepreneur award. This made him the first African to receive the award in the Sub-Saharan Africa region.
Besides this award, Mwangi also received awards such as the 2007 Global Vision Award, 2010/2011 African Banker of the year, 2012 innovative leader of the year, 2009 and 2015 Africa CEO of the year, and 2020 Oslo Business for Peace.
He is also a member of the Entrepreneur of The Year Hall of Fame and the World Entrepreneurship Academy. Also, the business model for his company – Equity, earned him the 2017 Global Vision Award in 2007.
James Mwangi is indeed an embodiment of different qualities, which include giving back to his country. In 2010, under his leadership, Equity founded the Wings to Fly initiative. It provides scholarships to financial restrained students in Kenya. Ever since it has helped about N26,304 students.
Mwangi also founded and chairs another foundation called Equity Group Foundation (EGF). It aims at transforming the economic state of low-income countries in Africa. This earned him the 2012 Africa Philanthropy Award by International Planned Parenthood Federation (IPPF).
He has five honorary doctorate degrees
Apart from his bachelor’s degree in Commerce, he is also a Certified Public Accountant and an Advanced Management Programmer from the IESE Business School in Barcelona, Spain. He contributed to Kenya’s banking and business world with his certification and more.
In recognition of his academic prowess and business achievement, he received five honorary doctorate degrees. Some of which are
He is a Doctor of Business Administration from Kenya Methodist University, Doctor of Humane Letters from Kenyatta University, and Doctor of Entrepreneurship from the Jomo Kenyatta University of Agriculture and Technology.
Also, a Doctor of Business Management (Honours Causa) from Meru University of Science and Technology and a Doctorate of Letters from Africa Nazarene University.
He serves in the academic environment
Mwangi is the Chancellor of Meru University College of Science and Technology. To promote business activities, $1 million was used to build a business incubation centre at the University.
He also serves as a guest lecturer in business schools where the Equity bank business model is a case study. This includes Stanford University, Columbia University, M.I.T., Harvard University, IESE and Lagos Business School.
A businessman, leader and father
James Mwangi is the Managing Director and Chief Executive Officer of Equity Group Holdings. With years of experience in the field, he gives insightful leadership advice on different global economy, education and sustainability advisory platforms.
Just as he is a leader in the business and corporate world, he is also a leader on the home front. Mwangi is happily married with three sons.
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