James Mworia Explained

James Mworia
Birth Date:1978
Birth Place:Kenya
Education:University of Nairobi

Certified Public Accountants of Kenya

Strathmore University
Years Active:2001 — present
Nationality:Kenyan
Citizenship:Kenya
Known For:Business Administration
Managing Director & CEO
Centum Investment Company
Spouse:

Dr. 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]

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 Limited.

Personal life

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

See also

External links

Notes and References

  1. Web site: James Mworia, Kenyan, Chief Executive Officer, Centum Investment Company . https://web.archive.org/web/20111004014850/http://www.forbes.com/pictures/ehed45lik/james-mworia-kenyan-chief-executive-officer-centum-investments. dead. October 4, 2011. . 13 June 2014.
  2. Web site: 13 June 2014 . James Mworia, CEO Centum Investment Company . Brenda Otindo . August 2010. Management Magazine via Kenyanmagazines.com.
  3. Web site: . Mworia: How Centum Business Model Assures Company of Market-Beating Returns . 1 December 2019 . 2 December 2019 . Julians Amboko . Nairobi.
  4. Web site: 2017-12-07. 100 Most Influential Africans: Ten Kenyans Including CJ David Maraga Listed. 2021-01-15. Answers Africa. en-US.
  5. Web site: S trathmore Taught Me Excellence, Says CEO . . 13 June 2014.
  6. Web site: 26 June 2015 . Centum Investment Company: Profile of Mworia, James . https://web.archive.org/web/20150626103007/http://uk.reuters.com/business/quotes/officerProfile?symbol=ICDC.NR&officerId=1260206 . dead . 2015-06-26 . . 2014 . Reuters.
  7. Web site: How Kenya's James Mworia rose from intern to CEO in seven years . 20 September 2016 . Howwemadeitinafrica.com . Dinfin Mulupi . 19 August 2015 . Cape Town.
  8. Web site: 13 June 2014. Mworia: From Intern to CEO of Fast Growing Centum. Margaret. Wahito. 11 June 2014. Capitalfm.co.ke.
  9. Web site: Centum Posts Improved Annual Profit After Tax. Ventures Africa Magazine. 10 June 2014. Mzwandile. Jacks. 13 June 2014.
  10. Web site: 30 September 2016 . James Mworia: Law intern who rose to best paid CEO in Kenya . 30 September 2016 . Brian Ngugi. . Nairobi.
  11. Web site: 26 June 2015 . 25 June 2015 . John Gachiri . Centum's Mworia Takes Ciano NSE Board Position . and Simon Ciuri . . Nairobi.
  12. Web site: Mworia, Mbaru to leave the NSE board of directors . 8 May 2018 . 8 May 2018 . . James Ngunjiri . Nairobi.
  13. Web site: . 20 September 2016 . 19 September 2016 . Centum's Mworia tops list of Kenya's best paid executives . Nairobi . Victor . Juma.
  14. Web site: 14 September 2011 . 20 September 2016 . Millionaire James Mworia, Kenyan CEO of Centum Investments, East Africa's Largest Equity Firm . Africanmillionaire.net . B. Otindo.