Equity Bank’s CEO donates Ksh. 300 M in the fight against COVID-19
The family of James Mwangi, Equity Bank’s CEO has donated Ksh. 300 million in the fight against the novel COVID-19.
On Wednesday Equity Bank Kenya donated a total of Ksh. 1.1 billion to aid in the fight against the disease.
Mr. Mwangi’s 300 million was part of the 1.1 billion donated by Equity Group Foundation, with support from Equity Bank and Mastercard Foundation, which gave Sh300 million and Sh500 million, respectively.
The funds, the contributors said, will be used to buy personal protective equipment (PPEs) for frontline medical workers in public hospitals.
The CEO said the move was inssipred by a group of students and doctors who sort to raising funds for PPE’s for young post-graduate students at Kenyatta National Hospital (KNH).
“When I shared the need with my family, a robust discussion revealed the urgency to holistically address the issue. as it was not prudent to provide the PPE’s to students without also focusing on the plight of the doctors, nurses, clinical officers, and medical staff,” Dr Mwangi said
Equity Bank Chairman Isaac Macharia said the company recognizes the vital role of health workers.
“The board is proud to partner with universities and public hospitals in ensuring the safety of our health workers,” he said.
Mastercard Foundation President and CEO Reeta Roy further added that safety of workers is paramount.
“We are grateful that this partnership meets the immediate needs precipitated by Covid-19, which the foundation is prioritizing through the Mastercard Foundation Covid-19 Recovery and Resilience Program,” she said.