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.
