Among the changes to Centum’s board announced last week, former African Development Bank President Donald Kaberuka is joining the Nairobi-based investment company’s body of independent directors. He will be one of four non-executive directors overseeing the Nairobi Stock Exchange-listed company.
Kaberuka stepped down from leading the Africa Development Bank in 2015 after two 5-year terms at the helm of one of the continent’s largest financial institutions. Since then, he has also become a Senior Adviser to TPG/Satya, the partnership between TPG Growth and Satya Capital, two private equity firms looking to invest up to $1 billion on the continent.
Among a number of high-profile roles, Kaberuka currently serves as the African Union’s High Representative for the Peace Fund and is a member of the World Economic Forum’s Hoard of Trustees.
The other independent directors appointed to the board include the Honourable William Byaruhanga, Uganda’ Attorney General, Catherine Igathe, the Managing Director of AIG Kenya and Mary Githiaka Ngige who has held a number of senior roles at Deloitte and CMC Holdings.