1998

APPOINTMENT OF THE LEGENDARY DR. CHRISTOPHER KIRUBI TO THE CENTUM BOARD

By 1998, Dr. Christopher J. Kirubi had become one of the largest shareholders of Centum and was appointed to the boa rd. He is renowned for his eye for lucrative investments and Centum was not an exception. According to him, he saw an undiscovered gem in Centum and began accumulating stake in the company.

Following Dr. Kirubi’s appointment to the board, a major milestone was achieved when the board appointed the first independent management, separate from the parent company ICDC. This decision began a new era of putting together one of the most coveted, youthful and entrepreneurial investment management team in the region.

According to Forbes, Dr.Kirubi is among the 40 wealthiest people in Africa; a seasoned entrepreneur, investor and industrialist with interests in media, consumer, financial, real estate, agriculture and technology. He is currently the largest single shareholder in Centum and, as the chairman of Investment Committee, has been at the heart of the recent remarkable transformation of the company.