Equity Group Holdings Plc

UGSE:EBL Stock Report

Market Cap: USh6.9t

Equity Group Holdings Management

Management criteria checks 2/4

Equity Group Holdings' CEO is James Mwangi, appointed in Jan 2004, has a tenure of 21.83 years. total yearly compensation is KES166.29M, comprised of 91.6% salary and 8.4% bonuses, including company stock and options. directly owns 6.77% of the company’s shares, worth UGX468.07B. The average tenure of the management team and the board of directors is 1.8 years and 2.3 years respectively.

Key information

James Mwangi

Chief executive officer

KSh166.3m

Total compensation

CEO salary percentage91.63%
CEO tenure21.8yrs
CEO ownership6.8%
Management average tenure1.8yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has James Mwangi's remuneration changed compared to Equity Group Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

KSh59b

Jun 30 2025n/an/a

KSh51b

Mar 31 2025n/an/a

KSh46b

Dec 31 2024KSh166mKSh152m

KSh47b

Sep 30 2024n/an/a

KSh47b

Jun 30 2024n/an/a

KSh45b

Mar 31 2024n/an/a

KSh45b

Dec 31 2023KSh159mKSh106m

KSh42b

Sep 30 2023n/an/a

KSh46b

Jun 30 2023n/an/a

KSh47b

Mar 31 2023n/an/a

KSh46b

Dec 31 2022KSh214mKSh106m

KSh45b

Sep 30 2022n/an/a

KSh46b

Jun 30 2022n/an/a

KSh45b

Mar 31 2022n/an/a

KSh42b

Dec 31 2021KSh143mKSh78m

KSh39b

Sep 30 2021n/an/a

KSh31b

Jun 30 2021n/an/a

KSh29b

Mar 31 2021n/an/a

KSh23b

Dec 31 2020KSh279mKSh57m

KSh20b

Sep 30 2020n/an/a

KSh20b

Jun 30 2020n/an/a

KSh19b

Mar 31 2020n/an/a

KSh22b

Dec 31 2019KSh65mKSh57m

KSh22b

Sep 30 2019n/an/a

KSh21b

Jun 30 2019n/an/a

KSh21b

Mar 31 2019n/an/a

KSh20b

Dec 31 2018KSh60mKSh57m

KSh20b

Compensation vs Market: James's total compensation ($USD1.29M) is about average for companies of similar size in the UG market ($USD1.29M).

Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.

CEO

James Mwangi (60 yo)

21.8yrs
Tenure
KSh166,287,000
Compensation

Dr. James Njuguna Mwangi, CBS, is Group Managing Director and Chief Executive Officer at Equity Bank (Kenya) Ltd. He serves as a Non-Executive Director at Equity Banque Commerciale du Congo (formerly known...

Leadership Team

NamePositionTenureCompensationOwnership
James Mwangi
Group MD21.8yrsKSh166.29m6.77%
UGX 468.1b
Samuel Kirubi
Group Chief Operating Officer3yrsKSh57.26mno data
Stephen Owuyo
Group Director of Financeless than a yearno datano data
Michael Kwofie
Chief Information Officer1.8yrsno datano data
Brent Malahay
Group Chief Strategy Officerno datano datano data
Sam Gitwekere
Group Chief Risk & Compliance Officerno datano datano data
Gertrude Karugaba
Chief Legal Officer1.8yrsno datano data
Joy DiBenedetto
Group Director of Communicationsno datano datano data
David Ssegawa
Group Director of Human Resource Operations1.8yrsno datano data
Marcus Mutua
Head of Security & Administrationno datano datano data
Hannington Namara
Managing Director of Equity Bank Rwandano datano datano data
Janet Maingi
Managing Director of Azenia Technology Limitedno datano datano data
1.8yrs
Average Tenure

Experienced Management: EBL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
James Mwangi
Group MD11.8yrsKSh166.29m6.77%
UGX 468.1b
Farida Khambata
Non-Executive Directorless than a yearno datano data
Lakshmi Shyam-Sunder
Non-Executive Directorless than a yearno datano data
Shem Migot-Adholla
Non Exec. Chairman of Equity Bank South Sudan Ltd & Non Exec. Director of Equity Bank (Kenya) Ltdno datano datano data
Evanson Baiya
Independent Non-Executive Director3.3yrsKSh5.88mno data
Jonas Mushosho
Independent Non-Executive Director4.5yrsKSh6.59mno data
Kenyi Spencer
Non Executive Director of Equity Bank South Sudan Limitedno datano datano data
Mary Ajith
Non Executive Director of Equity Bank South Sudan Limitedno datano datano data
Isaac Macharia
Independent Non-Executive Chairman of the Board8.7yrsKSh30.97m0.0092%
UGX 635.0m
Samuel Mwale
Non-Executive Director1.4yrsKSh5.53mno data
Obadiah Biraro
Non-Executive Directorno datano datano data
Nick O'Donohoe
Non-Executive Directorless than a yearno datano data
2.3yrs
Average Tenure
66yo
Average Age

Experienced Board: EBL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/11 04:56
End of Day Share Price 2025/11/11 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Equity Group Holdings Plc is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WambuAbsa Bank Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Craig MetherellAvior Capital Markets