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Africa01 September 2024 - 15:25

Equity Group scoops four awards in London, yet again

2024 Euromoney Awards crowned Equity with best CSR in Africa

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by The Star
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Equity Group Managing Director and CEO Dr James Mwangi at a past Corporate Social Responsibility event.

Equity Group has triumphed at the 2024 Euromoney Awards in London, securing four accolades.

The financial institution won the awards for Best Bank for Corporate Responsibility in Africa, Best Bank for Corporate Responsibility in Kenya, and Best Bank for SMEs in Kenya as well as Overall Best Bank in Kenya.

The bank has won the four awards for two consecutive years.

These awards recognise Equity's significant CSR contributions through the Equity Group Foundation (EGF) social arm, particularly in education, healthcare, environmental sustainability, social protection and financial inclusion.

Euromoney, renowned for its rigorous evaluation process, celebrates institutions that demonstrate exceptional corporate responsibility, ethical conduct, and transformative community initiatives.

 “Equity's recognition as the Best Bank for Corporate Responsibility in Africa underscores the profound impact of its Social Impact Investment programs across the continent,” Euromoney said.

EGF has provided financial education to 2.47 million women and youth, supporting 570,006 MSMEs with financial training, and financing 305,771 MSMEs through the 'Young Africa Works Programme'.

The foundation's Education and Leadership programmes, 'Wings to Fly' and 'Elimu Scholarships', have provided scholarships to 60,009 secondary school students, and the Equity Leadership Programme has enrolled over 23,825 university scholars, including 980 global university scholars with 218 gaining admission to Ivy League institutions and 3,577 TVET scholars.

Commenting on the awards, James Mwangi, Equity Group Managing Director and CEO, said he was deeply honoured to receive the awards.

“They serve as a validation of the bank’s commitment to social impact investment,”Mwangi said.

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