John Kagema Mwangi, a renowned Kenyan banker and hotelier, is dead. According to a report by Kenya’s Business Daily, Mwangi, who was 73, passed away on Wednesday in a Nairobi hospital following a prolonged illness. Mwangi was one of the largest individual shareholders in Equity Bank, Kenya’s largest commercial bank, before his passing. He was among the earliest employees of Equity Building Society, the microfinance institution that eventually became Equity Bank, and had served as the CEO in the past. He was also among the bank’s largest individual shareholders, owning as much as 6.29% of the bank at a point.

Source: Forbes January 01, 2019 12:45 UTC