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Originally published by The Standard Business
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September 16, 2026
3h ago

Why Centum tapped an insider to drive its next phase of cash returns

Why Centum tapped an insider to drive its next phase of cash returns

Centum Investment Company named Thomas Omondi-Achola as acting group CEO, choosing continuity over reinvention as the firm pivots from balance-sheet repair to returning cash to shareholders...

✨ Key Highlights

Centum Investment Company has appointed Thomas Omondi-Achola as acting group chief executive, prioritizing internal continuity as the firm shifts its focus to returning cash to shareholders.

  • The company has completed a six-year deleveraging, reducing borrowings from Sh16.1 billion to a debt-free balance sheet as of March 2026.
  • Key individuals involved are acting CEO Thomas Omondi-Achola and Chairman Donald Kaberuka.
  • Centum has proposed a total dividend of Sh0.78 per share, signaling a move towards shareholder returns after financial restructuring.

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