Centum Investment Group CEO Mr James Mworia has won the All African Business Leaders Awards (AABLA)’s East Africa Business Person of the Year Award for the year 2015.
Mr Mworia beat four other contenders including Mr Rakesh Rao CEO of Crown Paints, Mr Mohammed Devji Group CEO of MeTL Group and Mr Benson Wairegi.
The All African Business Leaders Awards, in collaboration with CNBC Africa, celebrate “commitment to excellence, continued innovation in business practice and strategy.”
The awards recognize transformational leadership on the continent and are held across the continent from East Africa, West Africa, and Southern Africa.
Mr Mworia will now represent the region in the African Business Leadership Awards’ which shall bring together winners from all the regions at Sandton Centre, Johannesburg in November next year.
The finalists were vetted by a panel of judges drawn from across different fields in business. For the East Africa Business Leader of the Year category, the judges looked for someone who exemplifies “outstanding leadership in business.”
They had to have achieved “positive financial results, increased shareholder value, and provided sound management, proven corporate governance, and demonstrated innovation, best business practices and accountability, together with intangible qualities such as integrity and vision.”
Mr Mworia’s tenure at the helm of Centum has seen the company implement various projects with the potential to change the face of the region.
He has led Centum Investment since 2008. During his tenure, Centum’s Net Asset Value has grown more than seven times from Sh8.82 billion ($84 million) to Sh50 billion ($480 million) as at 31 March this year.