James_Mworia

James Mworia

James Mworia

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James Mworia Mwirigi is a Kenyan lawyer, accountant, and business executive. He is the managing director and chief executive officer of Centum Investment Company,[1] the largest publicly traded private capital firm in Eastern Africa.[2] He has served in that capacity since 2008.[3] Mworia was cited as one of the Top 100 most influential Africans by New African magazine in 2017.[4]

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Background and education

Mworia was born in 1978. He attended Alliance High School, Strathmore University, and the University of Nairobi. He has a Bachelor of Laws from University of Nairobi. He is also a certified public accountant and a chartered financial analyst.[5] In 2016, Machakos University awarded him an honorary doctorate degree.[3]

Work history

In 2001, Mworia began working as a filing clerk at Centum Investment Company. Despite having a law degree and several other financial and accounting diplomas and certificates, he accepted this entry-level position. He gradually rose through the ranks, and in 2005 he was appointed chief investment officer at Centum Investments. He served in that position until December 2006, when he joined TransCentury Investments as its head of investments.[6][7]

In 2008, at age 30, he was appointed chief executive officer (CEO) and managing director at Centum.[8][7] During his first six years as CEO, Centum increased its asset base from KES:6 billion (US$69 million) to approximately KES:30 billion (US$350 million).[9]

Other responsibilities

He serves as the chairman of the board of directors at Sidian Bank.[10] He also serves as a board member at the Nairobi Stock Exchange (NSE), effective June 2015.[11] In June 2018, he is expected to leave the board of the NSE, having served his three-year term, and having declined to offer himself for re-election.[12]

In September 2016, he was named the highest paid executive among the five largest corporations in Kenya, with an annual compensation package valued at KES:201.1 million (approx. US$2 million) annually.[13]

In October 2016, he was appointed Chancellor of Machakos University, a public university in Machakos County, Kenya.[3]

He also sits on the board of Lewa Wildlife Conservancy and Isuzu Motors Limted.

Personal life

According to a 2011 published report, James Mworia is married.[14]

See also

References

  1. [1]
    "James Mworia, Kenyan, Chief Executive Officer, Centum Investment Company". Forbes Magazine. Archived from the original on October 4, 2011. Retrieved 13 June 2014.
  2. [2]
    Brenda Otindo (August 2010). "James Mworia, CEO Centum Investment Company". Management Magazine via Kenyanmagazines.com. Retrieved 13 June 2014.
  3. [3]
    Julians Amboko (1 December 2019). "Mworia: How Centum Business Model Assures Company of Market-Beating Returns". The EastAfrican. Nairobi. Retrieved 2 December 2019.
  4. [4]
    "100 Most Influential Africans: Ten Kenyans Including CJ David Maraga Listed". Answers Africa. 2017-12-07. Retrieved 2021-01-15.
  5. [5]
    "S trathmore Taught Me Excellence, Says CEO". Strathmore University. Retrieved 13 June 2014.
  6. [6]
    "Centum Investment Company: Profile of Mworia, James". Reuters. Reuters.com. 2014. Archived from the original on 2015-06-26. Retrieved 26 June 2015.
  7. [7]
    Dinfin Mulupi (19 August 2015). "How Kenya's James Mworia rose from intern to CEO in seven years". Cape Town: Howwemadeitinafrica.com. Retrieved 20 September 2016.
  8. [8]
    Wahito, Margaret (11 June 2014). "Mworia: From Intern to CEO of Fast Growing Centum". Capitalfm.co.ke. Retrieved 13 June 2014.
  9. [9]
    Jacks, Mzwandile (10 June 2014). "Centum Posts Improved Annual Profit After Tax". Ventures Africa Magazine. Retrieved 13 June 2014.
  10. [10]
    Brian Ngugi (30 September 2016). "James Mworia: Law intern who rose to best paid CEO in Kenya". Business Daily Africa. Nairobi. Retrieved 30 September 2016.
  11. [11]
    John Gachiri, and Simon Ciuri (25 June 2015). "Centum's Mworia Takes Ciano NSE Board Position". Business Daily Africa. Nairobi. Retrieved 26 June 2015.
  12. [12]
    James Ngunjiri (8 May 2018). "Mworia, Mbaru to leave the NSE board of directors". Business Daily Africa. Nairobi. Retrieved 8 May 2018.
  13. [13]
    Juma, Victor (19 September 2016). "Centum's Mworia tops list of Kenya's best paid executives". Business Daily Africa. Nairobi. Retrieved 20 September 2016.
  14. [14]
    B. Otindo (14 September 2011). "Millionaire James Mworia, Kenyan CEO of Centum Investments, East Africa's Largest Equity Firm". Africanmillionaire.net. Retrieved 20 September 2016.
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