Kenya: Equity’s Mwangi Tops the World Again
Tuesday, June 12, 2012
Nairobi, Kenya — Equity Bank’s Chief Executive Officer (CEO) and Managing Director James Mwangi, has been voted the 2012 Ernst & Young World Entrepreneur of the Year at a colorful ceremony held in Monte Carlo, Monaco over the weekend.
He was selected as the first business leader from Sub Saharan Africa to win the award in its 12-year history, from among the 59 finalists from 51 countries, each of whom had already been named the Ernst & Young Entrepreneur Of The Year in their home country.
Mwangi said that the award was global recognition for Africans who are embracing the power of entrepreneurship to change the economic and social state of Africa, and he acknowledged the branding potential the award presents for Kenya.
“This award is all about this country. The photo in the World Entrepreneurship Academy is of the Kenyan flag and you can’t have an entrepreneur who has no base of operations,” he said.
“We have a great country and now our flag and country is branded. This is even better than athletics because this is what is driving the world,” he added.