Equity Bank Holdings CEO James Mwangi has been selected to join a World Bank advisory council focused on Jobs, which aims to recommend practical and scalable policies and programs for the Bank to investigate, implement, and expand.
The High-Level Advisory Council on Jobs was inaugurated during the 2024 World Bank Group-IMF Annual Meeting held in October 2024 in Washington, DC.
The council operates under the principle that job creation is essential for alleviating poverty, fostering prosperity, and promoting dignity.
Mwangi is one of fourteen distinguished global leaders appointed to the council, recognized for his commitment and contributions to society that transcend the banking industry.
In a statement, World Bank President Ajay Banga highlighted that the panel unites the expertise and insights of prominent policymakers, business executives, academics, and leaders from civil society.
“We would greatly appreciate the opportunity to leverage your extensive expertise, experience, and unique viewpoints as a member of the Council,” Ajay stated in Mwangi’s appointment letter.
In response to his appointment, Mwangi noted that the coming decade is anticipated to witness a significant demographic transformation, with one in four individuals globally being African and over a third of the world’s youth living in Africa.
“These demographic changes are indicative of advancements on the African continent, including improvements in life expectancy, per capita income, health, education, and nutrition. These developments have led to a rapid increase in population,” he remarked.
