#WhereLeadersAreMade: Fred Murimi
By the Alumni Department
Fred Murimi is the Managing Director of Centum Capital Partners Limited (CCAP), a private equity fund, managing a peak of US$250 million of private equity funds for its parent company, Centum Investment Company PLC, East Africa’s largest quoted investment company with over 36,000 shareholders and total assets of over US$ 600 million.
Fred has served in the position of Managing Director since July 2015, in which he has been responsible for the management of Centum’s private equity investments across financial services, Fast Moving Consumer Goods (FMCG), manufacturing, education, agribusiness and energy. He has driven the value creation and value realization activities in Centum’s private portfolio, which has seen the portfolio deliver a gross US$ IRR of over 20%. CCAP has also been the most active private equity fund manager in the region having achieved 5 exits in the last 5 years alone, in line with Centum’s vision to be Africa’s foremost investment channel.
In his capacity as the head of Centum’s private equity business, he sits on the board of several companies including Almasi Beverages Limited, Longhorn Publishers Limited, Isuzu East Africa Limited and NAS Servair Limited. He has previously served on the boards of Platcorp Holdings, Genafrica Limited and Kenya Wine Agencies Limited and served as Centum’s Group Corporate Affairs Director & Company Secretary from January 2013 until June 2015.
Fred has over 10 years’ experience in the investment industry. Prior to joining Centum, he worked in investment banking with Dyer & Blair Investment Bank and later with Renaissance Capital (Kenya Limited) as Vice President. Fred has also worked as a regulator with the Capital Markets Authority.
He is passionate about developing the investment industry in East Africa and has previously served on the board of the Kenya Association of Stockbrokers and Investment Banks (KASIB) and on the Board Finance sub-committee of the Nairobi Securities Exchange (NSE). He is a certified trainer of the NSE Securities Industry Training Institute (SITI) and has most recently been appointed as a member of the capital markets law review panel by the Capital Markets Authority (CMA) to review the capital markets legal framework to ensure its robustness in supporting a functioning financial market.
Fred holds a Bachelor of Laws degree (LL. B) from the University of Nairobi, a Master of Business Administration (MBA) degree from USIU–Africa and is qualified in Kenya as a Certified Public Accountant (CPA) and as a Certified Public Secretary (CPS). He is an Advocate of the High Court of Kenya, a member of the Law Society of Kenya (LSK) and of the Institute of Certified Public Secretaries of Kenya (ICPSK). In 2014, he was awarded Certified Secretary of the Year in the Champions-of-Governance (COG) Awards by ICPSK and is a 2015 Archbishop Desmond Tutu Fellow.