Equity CEO Dr. James Mwangi Voted to the World Bank Jobs Advisory Committee
Dr James Mwangi, Group Managing Director and CEO Equity Group Holdings has been named on the World Bank Group’s High-Level Advisory Council on Jobs. The council was launched formally in 2024 World Bank Group IMF Annual Meeting and is responsible for responding to global job creation deficit with special focus on youth and women employment in the developing world.
Expressing his gratitude, Dr. Mwangi said:
It has been a privilege to be invited to sit on the World Bank Global Jobs Council in a bid to help create employment for the youths of Africa. Young people are the future and agents of change for sustainable development for the continent.”
He brought awareness about this role and its correlation with Equity’s Africa Recovery and Resilience Plan through which the company seeks to generate 50 million jobs across Africa within 2030. Dr. Mwangi intends to use this program with recommendations on the same from the council to have the best results.
Roles and Purpose of a Council
The council is co-chaired by Singapore President Tharman Shanmugaratnam and former Chilean President Michelle Bachelet. The program is meant to respond to the escalating levels of unemployment in the Global South as the region is expected to welcome 1.2 billion working-age population by 2030. In this regard, using winning strategies that are easily expandable, the council aims at facing poverty and unemployment issues as well.
The World’s Resources to Enhance Our Region
Dr Mwangi is among newly elected 14 leaders on the council who shall bring their experience in policy making for changes in employment spheres globally. In their invitation, the council’s leadership emphasized the importance of his contributions:
“We would be immensely grateful to receive your insights and experience coming right from the Council membership.”
Dr Mwagi’s involvement further confirms that Africans able to capitalize on demographic dividend and Equities groups believe in empowering youths for sustainable development throughout Africa.