Dr. James Mwangi has been announced as the 2012 Forbes Africa Person of the Year.
The announcement was made at the award ceremony held yesterday in Lagos at the Porsche Centre, Victoria island. He beat other nominees such as: Joyce Banda, Malawian President, Aliko Dangote, President of the Dangote Group; Tony Elemelu, founder of Hiers Holding; and Stephen Bradley Saad, CEO of Aspen Pharmacare.
According to the judges, “Mwangi is an example of what it means to make it and to overcome the enormous challenges facing the average person in Africa. His influence and contribution to society, in a difficult environment, is significant.”
Dr James Mwangi is the Chief Executive Officer of Kenya’s Equity Bank. He was honored for playing a central role in making Equity Bank the largest bank in East and Central Africa, with more than seven million accounts in Kenya alone.
In his acceptance speech Dr. James Mwangi asked that “all Africans should brace up and take up the challenge of improving Africa as our generation could go into history as those that changed the African continent for good.”