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HomeDaily NewsMonday, September 7, 2026James Mworia Appointed CEO of New National Infrastructure Fund - September 2026
Business & Economy3 stories from 1 sources

James Mworia Appointed CEO of New National Infrastructure Fund - September 2026

James Mworia, former CEO of Centum Investments, has been appointed as the inaugural Chief Executive Officer of the newly established National Infrastructure Fund (NIF), effective September 7, 2026. Thomas Omondi-Achola has been named Acting Group Chief Executive Officer of Centum Investments following Mworia's departure. Meanwhile, Kenya Electricity Generating Company (KenGen) reported a slight decrease in net profit for the financial year ending June 30, 2026, with profit dropping to Sh10.35 billion primarily due to a decline in finance income. The three stories are connected through leadership transitions in Kenya's investment and infrastructure sectors, with the NIF representing a new national infrastructure vehicle and Centum undergoing a leadership change while KenGen navigates financial challenges.

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Monday 8:35 AMCapital BusinessFirst

Centum boss James Mworia named National Infrastructure Fund CEO

Centum boss James Mworia named National Infrastructure Fund CEO

Centum Investments CEO James Mworia has been appointed the inaugural Chief Executive Officer of the newly established National Infrastructure Fund (NIF), effective September 7, 2026.

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Key Highlights

Centum Investments CEO James Mworia has been appointed the inaugural Chief Executive Officer of the newly established National Infrastructure Fund (NIF), effective September 7, 2026.

  • The NIF is set to mobilize nearly Sh5 trillion over the next decade.
  • Key players include CEO James Mworia and the National Infrastructure Fund Board.
  • Mworia's immediate priorities include setting up the fund's organization and mobilizing co-investment capital for projects like highways, railways, and energy systems.
Monday 9:36 AMCapital Business

KenGen net profit drops to Sh10.35bn on lower finance income

KenGen net profit drops to Sh10.35bn on lower finance income

Kenya Electricity Generating Company (KenGen) has reported a slight decrease in its net profit for the financial year ending June 30, 2026, primarily due to a drop in finance income.

Read Story

Key Highlights

Kenya Electricity Generating Company (KenGen) has reported a slight decrease in its net profit for the financial year ending June 30, 2026, primarily due to a drop in finance income.

  • KenGen's net profit fell to Sh10.35 billion from Sh10.48 billion in the previous year.
  • The company, led by Managing Director and CEO Peter Njenga, managed to reduce its finance costs by 12.1 percent.
  • Despite the profit dip, electricity demand reached a record 2,549 megawatts (MW) on July 15, 2026, highlighting a growing economy.
Monday 10:49 AMCapital Business

Thomas Omondi named interim Centum CEO after Mworia’s departure

Thomas Omondi named interim Centum CEO after Mworia’s departure

Thomas Omondi-Achola has been named the Acting Group Chief Executive Officer of Centum Investments following the departure of James Mworia, who is now the inaugural CEO of the National Infrastructure Fund (NIF).

Read Story

Key Highlights

Thomas Omondi-Achola has been named the Acting Group Chief Executive Officer of Centum Investments following the departure of James Mworia, who is now the inaugural CEO of the National Infrastructure Fund (NIF).

  • Thomas Omondi-Achola, previously Partner, Portfolio Operations and Group Chief Operating Officer, takes over effective immediately as part of Centum’s succession plan.
  • James Mworia leaves Centum to lead the National Infrastructure Fund, tasked with mobilizing capital for infrastructure projects.
  • The National Infrastructure Fund aims to mobilize nearly Sh5 trillion over the next decade for projects including highways, railways, and energy systems.
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