The Equity Group CEO James Mwangi has been selected as one of the 2020 Oslo Business for Peace Award winners.
The CEO was chosen by four Nobel Prize winners because of his role in providing banking services to people who couldn’t access them and also for boosting Kenya’s GDP.
The committee, which announced the news on September 9, cited Mwangi’s outstanding entrepreneurship and humanitarianism in giving the award.
The happy Equity boss dedicated the award to the Bank’s customers and workers, saying that they made Equity well known across the country.
Mwangi thanked the staff and the millions of customers for continuously inspiring him by trusting and believing in the Bank’s purpose and dreams.
He further noted that he has always believed that it was possible to solve problems by seeking innovative solutions anchored on shared value and prosperity.
Equity Group Bank has impacted millions of poor and middle-class Kenyans through its Foundation, which delivers programs in education and leadership, social protection, food and agriculture, health, clean energy, and the environment at large.
Mwangi, who also serves as the Foundation’s chairman, made a personal contribution of Sh300 Million to help the country in fighting the Covid-19 health crisis.
The 2020 winners (Honourees) are set to be celebrated during the Business for Peace Summit in May 2021.
Among those who also bagged the award is Coffee for Peace Co-Founder Felicitas ‘Joji’ Bautista Pantoja alongside Salesforce CEO Marc Benioff.
Ms. Pantoja has dedicated her profession to building peace in conflict zones as well as improving the welfare of the marginalized groups through economic stability, while the Salesforce CEO is leading a revolution in the tech sector to create a more equal, sustainable, and fair way of doing business.
Additionally, Mwangi was featured on the cover of the Forbes Africa Magazine with the title ‘How To Build a Billion-Dollar Banking Empire.’