Equity Bank
Holdings CEO James Mwangi has
been appointed to a World Bank
advisory council on Jobs that
recommends actionable, scalable
policies and programmes for the
Bank to explore, test and scale.
The High-Level Advisory Council on Jobs was launched during
the 2024 World Bank Group-IMF
Annual Meeting, in October 2024
in Washington, DC, with the ethic
that creating jobs is central to
combating poverty, growing prosperity, and enhancing dignity.
Mwangi is among the fourteen
global leaders who have joined the council of the bank for his
dedication and contributions to
society that extend beyond the
banking sector.
In a statement, World Bank’s
President, Ajay Banga said the
panel brings together the experience and knowledge of leading
policymakers, business leaders,
academics, and civil society
pioneers.
“We would be immensely
grateful to benefit from your deep
expertise, experience and unique
perspectives as a member of the
Council,” Ajay said in Mwangi’s
appointment letter.
Acknowledging the appointment, Mwangi said that over the
next decade, the world is expected to experience a significant
demographic shift with one in
four people on the planet being
African, and more than a third of
the world’s young people residing
in Africa.
“These global demographic
shifts are the result of progress on
the African continent including
life expectancy, per capita income,
health, education and improving
nutritional levels. An outcome
of these developments has been
rapid population growth,” he said.
