Equity Bank CEO James Mwangi Appointed IFC Economic Advisor
Dr James Mwangi, CEO Equity Group Holdings Plc, has been appointed as an economic advisor to the International Finance Corporation (IFC) board.
The invitation by Hans Peter Lankes, IFC vice president states, “We believe you can add significant value to how we execute our mission,” and further states that the new IFC Strategy 3.0 “puts a premium on sound economic and strategic advice.”
“That we are now recognized among global giants in innovation and subject of study in sustainable models of growth and success in global universities is humbling,” Dr Mwangi said.
Dr Mwangi has joined a global board consisting of economists, thought leaders, and practitioners. He will be providing innovative ideas, leadership advice, and partnership to IFC. Additionally, he will go to the first meeting in April 2018 to discuss the effects of disruptive technology and how to accelerate market creation.
Dr Mwangi is one of the Financial Times’ top 50 thought leaders in emerging markets and one of the top 20 most influential people in Africa. He received the Ernst Young World Entrepreneur of the year award in 2012. “Over the past 26 years, entrepreneurs have done more than any other group to stimulate innovation, job creation and prosperity during both periods of growth and in challenging economic conditions […],” Jim Turley, Global Chairman and CEO of Ernst & Young said.
Dr Mwangi is also on the Global Advisory Council of VISA, he is the current chairman of Vision 2030 Delivery Board, and he serves on the Clinton Global Initiative, the G8 New Alliance for Food Security & Nutrition and the Global Agenda Council on New Economic Thinking of the World Economic Forum.
He is a guest lecturer at Lagos business school, MIT, Harvard, Columbia, IESE, and Stanford where the Equity Bank model is a case study. He is also the chancellor of Meru University College of Science and Technology.