Centum, which yesterday reported a 7.9 per cent jump in half-year profits to Sh2 billion, says the appointment of Dr Kaberuka is in line with its strategy to use cross-country networks to grow its business. Mr Muguiyi retired from the firm’s board two months ago after 13 years as chairman with Dr James McFie serving as acting chairman in the intervening period. We are very fortunate to attract him to chair Centum’s board of directors,” the firm's CEO James Mworia said Wednesday. Dr Kaberuka, who also served as Rwanda’s Finance minister, is currently the African Union High representative for the Peace Fund. He is also a board member of the World Economic Forum board of trustees among other international organisations.

Source: Daily Nation November 16, 2016 19:00 UTC