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African wins The World Entrepreneur of the Year Award

Discussion in 'International Forum' started by shytnis, Jun 19, 2012.

  1. s

    shytnis Member

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    Jun 19, 2012
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    Bank CEO wins award as world entrepreneur 2012

    Send to a friend Wednesday, 13 June 2012 22:12 dig. The chief executive officer and managing director of Equity Bank, Dr James Mwangi, has emerged the 2012 Ernst & Young World Entrepreneur of the Year.

    According to a statement issued by the bank, he was picked from 59 country finalists from 51 countries who were short-listed for the award. Each of them had been named the Ernst & Young Entrepreneur of The Year in their home country. Dr Mwangi becomes the first business leader from Sub Saharan Africa to win this prestigious award.

    He was also among finalists who were inducted into the entrepreneur of the year Hall of Fame and the World Entrepreneurship Academy. The Kenya bank has a regional presence in five countries, including Tanzania, and a pan-African expansion strategy.

    His story of entrepreneurship is as amazing as it is inspirational. He was brought up by his widowed mother who was a small scale farmer. Therefore he had to fend for himself at a tender age by selling charcoal, fruits and milk to raise money for his school fees.

    His constant vision of empowering people socially and economically is seen through the transformational story of Equity Bank. (Peter Saramba) thecitizen.co.tz/business/-/23153-bank-ceo-wins-award-as-world-entrepreneur-2012
     
  2. GreedyKenyan

    GreedyKenyan Senior Member

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    Jun 20, 2012
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    Say Kenyan wins The World Entrepreneur of the Year Award not African

    Congratulations are in order Dr.Mwangi, Equity bank has over 6,000 university graduates on its payroll.
     
  3. s

    shytnis Member

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    Jun 20, 2012
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    Well, he made Africa proud.
     
  4. Sangarara

    Sangarara JF-Expert Member

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    Jun 21, 2012
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    I was told Equity Bank was recently holding too much cash than it can invest and was suffering losses on paying interest rates, wasn't DR Mwangi there??
     
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