Centum Investment has appointed two leaders to the Centum Capital Division. The Two, Job Muriuki and Brian Kiai will both be serving as deputy directors in Centum Capital.
Mr. Muriuki previously served as a principal within Centum, overseeing the implementation of key initiatives within the company. Mr. Muriuki spearheaded consolidation of Centum’s holdings in the Coca-Cola bottling business into a subsidiary known as Almasi Beverages. He also oversaw the acquisition of Platinum Credit and K-rep Bank. Mr. Muriuki has also been instrumental in building Centum’s involvement in the power sector; Centum has a development pipeline of about 1,190 Mw of Power Plants to date, with two key projects namely Amu Power and Akiira Geothermal.
Job started his career as a Management Consultant at a boutique Strategy Consulting firm – Marakon in London. Job’s experience spans multiple industries including sectors advisory of senior executives in some of the world’s largest companies including BP and British Telecoms. Job holds a Bachelor of Science (Hons) in Mechanical Engineering and a Master of Engineering degree in Environmental Engineering and Business Management from the University of Cambridge. He is a CFA charter holder.
Mr. Kiai will assist in developing opportunities in 4 of these sectors: Agribusiness, Education, Health Care and Real Estate. He Joins Centum from Berkeley Holdings, where he served as a vice president. He has also served in various capacities as an investment professional in Actis and The Rohatyn Group (TRG). Mr. Kiai began his career in UBS investment bank. Mr. Kiai holds a Bachelor of Science degree in Business Administration with concentrations in Finance and Management Information Systems from the Boston University Questrom School of Business and a Masters of Business Administration in Entrepreneurial Management and Finance from The Wharton School of the University of Pennsylvania. Mr. Kiai will also be responsible for Centum Capital’s fundraising, investor relations and stakeholder management initiatives.
The two report to the Director, Centum Capital Division, Mr. Fred Murimi. Centum Capital is charged with the implementation of Centum 3.0 strategy. The strategy calls for development of investment- grade opportunities in eight key sectors of the economy.
Centum Investment Company Limited is East Africa’s largest listed investment company that is listed on the Nairobi Securities Exchange and cross listed on the Uganda Securities Exchange. Centum has more than USD 1.8 Billion Assets under Management as at March 2015. Centum’s strategy focuses on creation of investment grade opportunities of scale in 8 key sectors Real Estate and Infrastructure, Power, Financial Services, FMCG, Agribusiness, Education, Healthcare and ICT. Other pillars of this strategy include generating a 35% annualized return, keeping costs below 2% of total assets and developing teams with sector specific expertise.