The chief executive officer of Kenya’s Equity Group Holdings, Dr. James Mwangi was recognized as the 2015 Ai40 CEO of the Year at this year’s 8th Annual Africa Investor (Ai) CEO Investment Summit, recently held in New York.
During the Summit, Equity Bank was named the 2015 Best Performing Ai40 Company.
The Bank emerged top from a shortlist of companies that included Commercial International Bank (Egypt), Kenya Commercial Bank, Safaricom, Stanbic IBTC Bank (Nigeria), SABMiller, Mauritius Commercial Bank among others, a statement issued in Nairobi on Tuesday disclosed.
Ai40 Investors’ indices capture the top 40 largest and most liquid publicly-traded stocks across Africa, ranking them by market capitalization and by liquidity, as measured by the average daily value traded in US dollars.
Dr. Mwangi scooped the top title from a list of CEOs that included Hisham Ezz Al-Arab, Chairman and Managing Director of the Commercial International Bank, Bob Collymore, CEO, Safaricom, Yinka Sanni, CEO, Stanbic IBTC Bank, Joshua Oigara, CEO, Kenya Commercial Bank, Albert Essien, CEO, Ecobank, Alan Clark, CEO, SABMiller and Mohamed Benchaâboun, CEO, Banque Centrale Populaire.
The Ai CEO Investment Summit, held in association with the IFC and the World Bank Group Trade and Competitiveness Global Practice in advance of the Annual Meetings, is an annual CEO business forum designed to facilitate action, to highlight and address project-specific investment climate challenges and to shed light on Africa’s investment success stories.
The awards are linked to the Africa investor (Ai) Index Series and are the only pan-African awards designed to recognize Africa’s best performing stock exchanges, listed companies, investment banks, research teams, regulators, socially responsible companies and sovereign wealth and pension fund investors.