James Mwangi’s stake hits Sh13.4bn as Equity stock rises to record Sh105

Group CEO of Equity Group Holdings, Dr James Mwangi, speaks to investors at Equity Centre in Nairobi on August 19, 2026.

Photo credit: Evans Habil | Nation Media Group

Equity Group CEO James Mwangi’s stake in the lender climbed to a record Sh13.42 billion on Thursday as the bank’s share price extended a six-session gaining streak on the Nairobi Securities Exchange (NSE).

Mr Mwangi, who owns 127,809,180 Equity shares, has seen the value of his investment rise by Sh1.5 billion since the start of the week to take his gain to about Sh4.89 billion since the beginning of the year when the stock was trading at Sh66.75.

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