Equity Group CEO and Managing Director Dr. James Mwangi has won the prestigious 2020 Oslo Business for Peace Award.
The annual award recognises exceptional global business leaders who exemplify the Oslo Business for Peace Foundation’s concept of being businessworthy, by ethically creating economic value that also creates value for society.
According to the foundation, Dr. Mwangi was recognised “for giving 96% of unbanked population in Kenya the opportunity for broader economic participation”.
Under Dr. Mwangi’s tutelage, Equity Bank has grown to one of the most inclusive banks in the world with 13 million clients across the socio-economic spectrum.
“In a world of various complexities such as globalisation, polarisation, and environmental struggles, this year’s Honourees have led by using business as a tool for change. They are role models to society and their peers, have earned stakeholders’ trust, and stand out as advocates,” says Per Saxegaard, Founder of the Business for Peace Foundation.
“I dedicate this Award to our staff and to the millions of our customers who have continuously inspired us by trusting and believing in our common purpose and dream, that together we can solve our problems by seeking innovative solutions anchored on shared value and prosperity,” said Mwangi.
He added: “I share this award with our micro, small and medium entrepreneurs who wake up every day to create wealth and opportunities for our society. This Award is a great inspiration to all Africans to believe in their dreams and to pursue them with dedication and conviction that together, we can change our continent within our lifetime.”
Dr. James Mwangi was awarded alongside two other global leaders, Joji Felicitas Pantoja, Co-founder of Coffee for Peace in the Philippines, and Marc Benioff in the US, Chair, and CEO of Salesforce.