Former Equity Bank founding CEO dies

An Equity Bank stand at an international trade fair in Rwanda. file photo | nmg

Billionaire businessman John Kagema Mwangi, the founding chief executive officer of Equity Bank, died at a Nairobi hospital Wednesday following a long illness.

Mr Kagema has left behind a rich business empire which includes the five-star Enashipai Spa & Resort in Naivasha which he built partly using proceeds from his investment in Kenya’s most valued bank.

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