Angaza Awards: Top 10 Women to Watch in Banking and Finance in Africa in 2022

The Angaza Awards: Women to Watch in Banking & Finance program has announced the list of Top 10 women who are steering and shaping Africa’s financial services sector.

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The Angaza Awards: Women to Watch in Banking & Finance program has announced the list of Top 10 women who are steering and shaping Africa’s financial services sector.

The list was compiled following a 3-month entry period which saw dozens of professionals submit applications from:

  • Côte d’Ivoire
  • Kenya
  • Mauritius
  • Nigeria
  • Rwanda
  • South Africa
  • Uganda
  • Zambia
  • Zimbabwe

Kenyan WallStreet and Kaleidoscope Consultants partnered together on the Awards to raise awareness of the seasoned women who are shaping and influencing the sector through their organizations.

The Top 10 will be celebrated during a special ceremony in April 2022.

According to Nuru Mugambi, Chairperson, Angaza Awards:

“Globally, we need to reframe what leadership in finance looks like. These African women have demonstrated commendable impact across various industries that make up the highly-competitive, male-dominated financial services sector.

It is inspiring to see how the Angaza Top 10 are multifaceted professionals who have turned around financial institutions, and driven digital innovation initiatives, while making time to give back to society in a transformational way,

Collectively, they are a beacon to young women who are interested in careers in finance on the Continent.” 

– Chairperson, Angaza Awards

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The Angaza Awards criteria included an assessment of the applicants’ area of responsibility and contribution to firm performance.

Scores were also awarded for achievement that transcended the institution and resulted in shared value creation.

Professionals in Banking, Capital Markets, Insurance, Fintech, Investment Banking & Fund Management, Microfinance, and Savings & Credit Cooperatives (SACCOs) were invited to submit their applications or nominations via the Awards Web page.

The 2022 Top 10 Women to Watch are as follows:

Rank Name Industry Title Country
1 Marjorie Mayida Fund Management & Investment Banking Managing Director and Chief Investment Officer, Old Mutual Investment Group Zimbabwe
2 Rina Hicks Capital Markets Operations Director, Faida Investment Bank Ltd Kenya, Rwanda & Uganda
3Rahel MusyokiFinTech / InsureTechBusiness Development Manager, CarePay (M-TIBA)Kenya
4Gakii MwongeraBankingGroup Head of Internet Banking, Equity Group Holdings, Ltd Multiple including Democratic Republic of Congo 
5Sharon KinyanjuiFinTech / Cross-Border PaymentsRegional Director – EMEA (Europe, Middle East & Africa), WorldRemit Ltd.Multiple including  Nigeria, Rwanda, South Africa, Tanzania & Uganda
6Christine BainganaBanking & MicroFinanceChief Executive Officer, Urwego BankRwanda
7Venus HampindaBankingFinance Director & Regional Head, Strategic Tax Solutions, AbsaZambia
8Dr. Millicent OmukagaDevelopment Finance InstitutionOffice of the President Advisor – Women Empowerment and Affirmative Finance, African Development Bank GroupCôte d’Ivoire 
9Beth JomoInsuranceGeneral Manager – Retail Business Development, Britam GroupKenya
10Jacqueline KarashaInsuranceHead of Corporate Business, Sanlam Life Insurance Ltd.Kenya

“The Angaza Awards recipients are selected following an extensive review of their applications by a distinguished panel of judges from several disciplines. They therefore have proven their mettle during the Coronavirus (COVID-19) pandemic, which has been one of the most challenging operating environments in recent history.

We congratulate them and look forward to following their achievements this year.”

– Eric Asuma, Co-Founder of Kenyan Wallstreet, a financial news media company and Hisa Technologies, Africa’s first wealth management platform that makes investing social

The Angaza Awards Judges Panel was constituted by:

  • Mutumboi Mundia – Director of Market Supervision & Development, Zambia Securities and Exchange Commission (SEC)
  • Catherine Musakali – Co-Founder of Women on Boards Network Kenya
  • Hedwige Nuyens – Managing Director, International Banking Federation
  • Yawa Hansen-Quao – Executive Director, Emerging Public Leaders Ghana
  • Joanita Lunkuse-Jaggwe – Expert on Financing, Office of the Prime Minister, Prime Minister’s Delivery Unit, Uganda and 2021 Angaza Awards Recipient
  • Luke Ombara – Director of Regulatory Affairs, Capital Markets Authority, Kenya
  • Esohe Denise Odaro – Head of Investor Relations, International Finance Corporation
  • Maxwell Pirikisi – Director, South African Chamber of Commerce & Industry (SACCI) and President, South Africa-Nigeria Business Chamber (SA-NBC)

The 2022 Awards follows 2021’s program which featured Dr. Nancy Onyango of the International Monetary Fund (IMF) and New York Times Best-Selling Author, Gail Evans, as keynote speakers.

The Awards is sponsored by Equity Bank Group and Old Mutual Ltd. In addition to sponsoring the event, Old Mutual is supporting the Top 10 through mentorship and profile building.

Digital Banker Africa magazine, Graça Machel Trust, New Faces New Voices Kenya, Platform Africa, East Africa Venture Capital Association, and African Securities Exchanges Association (ASEA) partnered to raise awareness about the Awards across their various platforms.

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