What is Peter Munga worth?
He is reported to be one of the wealthiest individuals in Kenya, with a personal net worth exceeding US$100 million as of February 2014….
| Peter Munga | |
|---|---|
| Years active | 1963–present |
| Title | Immediate past group chair Equity Bank Group |
Who is the owner of Equity Bank Kenya?
Equity Group Holdings
Equity Bank Kenya/Parent organizations
Ownership. The Equity Bank Kenya Limited is wholly owned by the Equity Group Holdings, which has a customer base in excess of 14 million in six East African countries, making it one of the largest commercial banks on the African continent by number of customers.
How old is Mwangi?
About 59 years (1962)
James Mwangi/Age
Where does James Mwangi come from?
Kangema, Kenya
James Mwangi/Place of birth
How much does James Mwangi earn?
In 2020, the humble banker took home KSh 278.5 million, including a bonus of KSh 4.7 million. Mwangi guided the bank to a record KSh 17.9 billion half-year 2021 profit, a 98.4% increase from a similar period in 2020.
What does KCB Bank stand for?
Kenya Commercial Bank
In 1970, the government acquired 100 percent of the shareholding in NGB to take full control of the largest commercial bank in Kenya. NGB was then renamed Kenya Commercial Bank (KCB). In 1972, KCB acquired Savings & Loan Kenya Limited, which specialized in mortgage finance.
What nationality is the name Mwangi?
Kenyan
Mwangi is a name of Kenyan origin that may refer to: Barnabas Muturi Mwangi, Kenyan politician and Member of the National Assembly for Sisi Kwa Sisi. Boniface Mwangi (born 1983), Kenyan photojournalist.
Who are the billionaires in Kenya?
2015
| Rank in Kenya | Name | Net worth (USD) |
|---|---|---|
| 1 | Bhimji Depar Shah and family | 0.7 Billion |
| 2 | Narendra Raval | 0.4 Billion |
| 3 | Naushad Merali | 0.37 Billion |
How Much Does Equity Bank CEO earn?
Equity Group Chief Executive Officer James Mwangi pocketed Sh278. 5 million in earnings for the year ended December 2020, emerging as the highest-paid top executive in the country’s financial services sector last year.
Who is Julius Munga and what is his net worth?
Today, Munga owns less than 0.5% of the publicly-traded bank, but he owes the bulk of his fortune to his 26% stake in Britam Holding, a listed financial services giant. His shares in Britam are valued at more than $50 million. He is also a major shareholder of Equatorial Nuts, one of the leading macadamia processing companies in East Africa.
Who is the richest person in Kenya’s capital markets?
Patel is renowned to be one of the richest stockholders in Kenya’s capital markets. He owns stakes in the following publicly listed companies: Pan African Insurance, Bamburi Cement, carbon dioxide manufacturer Carbacid and commercial banks Diamond Trust Bank and Barclays Bank Kenya.
What is Peter Muthoka’s net worth?
His shares in publicly listed Kenyan companies alone are worth over $45 million. Peter Muthoka is the founder and CEO of Acceler Global Logistics, one of Kenya’s largest freight and logistics companies.