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Thomas Omondi named interim Centum CEO after Mworia’s departure

Omondi currently serves as Centum's Partner, Portfolio Operations and Group Chief Operating Officer, a position he has held since 2018.

Nairobi, Kenya – Centum Investments has appointed Thomas Omondi-Achola as Acting Group Chief Executive Officer following James Mworia's appointment as the inaugural CEO of the National Infrastructure Fund (NIF). Omondi, who has been with Centum since 2018 as Partner, Portfolio Operations and Group Chief Operating Officer, assumed his new role immediately, aligning with the company's succession plan.

Centum's Board Chair, Donald Kaberuka, expressed gratitude to Mworia for his service to the nation, highlighting his transition to the NIF. Mworia's first priorities as NIF CEO include establishing the fund's structure, culture, mobilizing co-investment capital, and developing a pipeline of infrastructure projects. The NIF, recently approved by the National Assembly, aims to raise Sh5 trillion over the next decade for various infrastructure initiatives, including highways, railways, ports, agribusiness, and energy systems.

Written by urgent.news from Capital Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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