Equity Bank Boss Named All Africa Business Leader of the Year

Equity Bank CEO James Mwangi

Equity Bank chief executive officer James Mwangi has been awarded with the All Africa Business Leader Award 2012 (AABLA).

The award presented by CNBC Africa in South Africa for the second year running is in recognition and tribute to African business leaders who have made a difference to the companies, industries and communities that they serve.

On receiving the award, Mwangi said, “I look forward to working more with other likeminded thought leaders who serve to develop strategic direction that will lead to actionable solutions to mitigate Africa’s poverty levels . This award represents all Africans who are working hard to improve their livelihoods and those of their communities.”

Rakesh Wahi, the Founder of ABN Group and founder of the AABLA awards said, “I would like to congratulate all the winners and finalists for their superb work, they are promoting African leadership that will eventually create and preserve the wealth and glory that belongs to its people.”

Following the success of the inaugural awards last year, the AABLA 2012 saw a series of regional awards with nominations hosted across East, West and Southern Africa, with the winners then proceeding through as finalists for the AABLA finale. Mwangi was named the East Africa Business Leader in 2012.

“It is important to recognise the business leaders across Africa and the only way to do this is to host regional awards. CNBC Africa has almost completed five years and now has the history and credibility to honour African business leaders,” Wahi added, “AABLA is held across three African regions, making it one of Africa’s most sought after awards,” he added.

The grand finale saw nominations in each region adjudicated by a panel of judges including Yunus Suleman, chairman KPMG, Prof Nick Binedell Director, Gordon Institute of Business Science  and Russell Loubser former CEO, Johannesburg Stock Exchange.

The Standard