Nairobi, Sept. 7 -- James Mworia has been named founding CEO of the National Infrastructure Fund (NIF), marking his exit from Centum Investment Company after nearly 18 years.

Mr Mworia's departure from Centum marked the end of one of the longest leadership tenures at a major Kenyan listed company.

Centum said on Monday that Mr Mworia has stepped down as Group CEO to take up the new role at NIF effective September 7. Thomas Omondi-Achola, Centum's group chief operating officer and partner for portfolio operations since 2018, has been appointed acting Group CEO.

The departure comes as Mr Mworia takes charge of NIF, a new State-backed vehicle intended to mobilise private and non-traditional sources of capital for infrastructure developmen...