How I transformed my firm with employee ownership

Equity Group Executive Director, Mary Wamae, Equity Group Chairman Prof. Isaac Macharia, Equity Group Managing Director and CEO Dr. James Mwangi and Equity Group Chief Operating Officer, Samwel Kirubi during the Group’s 20th Annual General Meeting. Equity Group Shareholders approved a record Kes. 15.1 billion dividend payout for a second year in a row and Employee Share Ownership Programme Trust Deed and Scheme Rules. The Shareholders also approved Group restructuring to create a health insurance subsidiary and a Banking Group, to create four groups under Banking, Insurance, Technology and Foundation Group.[Wilberforce Okwiri,Standard]

As a business leader who recently decided to transition to an employee-owned business model, I’m sharing insights into the vast benefits for both the business and employees based on first-hand...