The award was presented to Dr. Mwangi by the Deputy President of South Africa, His Excellency Paul Mashatile, and Dr. Rakesh Wahi, Co-Founder and Chairman of Africa Business News Group.

Dr. Mwangi's remarkable leadership has propelled Equity Group to become the largest bank in East and Central Africa, positively impacting communities and driving economic progress. 

He was also honored for his vision, lifetime devotion, and dedication to the progress of the African continent and its people, through the work of Equity Group and its impact on inspiring others to seek success by offering transformative opportunities for the empowerment of the people of Africa. 

Dr. Mwangi was the inaugural recipient of the Forbes Africa Person of the Year Award 11 years ago and is the champion of Equity Group’s twin engine of social and economic impact.

The Equity CEO is celebrated for making a family contribution of Ksh. 450 million of his family’s savings towards COVID-19 mitigation efforts in Kenya, the Democratic Republic of Congo (DCR), Rwanda, and Uganda.

He served as the Chairman of the Health Committee of the Kenya COVID-19 Fund Board where he oversaw the distribution of Personal Protective Equipment (PPE) to 116 public and faith-based hospitals in all 47 counties of Kenya for a period of 3 years.

Dr. Mwangi dedicated the Lifetime Achievement Award to all African mothers and women who like his own mother nurture, inspire, mentor, influence, and shape children to respond and adapt to their circumstances, setting them up for a lifetime of contribution and impact.