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Peter King'ori Mwangi is an
electrical engineer Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems that use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
, accountant and business executive in Kenya. He is the current Group Managing Director and Group Chief Executive Officer of the
UAP Old Mutual Group Old Mutual East Africa Group is a financial services conglomerate (company), conglomerate that maintains its headquarters in Kenya, with subsidiaries in Uganda, Tanzania, South Sudan, Rwanda and the Democratic Republic of the Congo. Location T ...
, the financial services conglomerate, based in Kenya, with subsidiaries in six African countries.


Background and education

He was born in present-day
Nyeri County Nyeri County is a county located in the central region of Kenya. Its capital and largest town is Nyeri. It had a population of 759,164 according to the 2019 census and an area of 2361 km2. Mutahi Kahiga was governor . Previous governors in ...
, Kenya circa 1970, and attended Kenyan schools for his pre-university education. He obtained a Bachelor of Science in
electrical engineering Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems that use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
, from the
University of Nairobi The University of Nairobi (uonbi or UoN; ) is a college, collegiate research university based in Nairobi and is the largest List of universities and colleges in Kenya, university in Kenya. Although its history as an educational institution dat ...
, graduating in 1993. He is also a
certified public accountant Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United Stat ...
and a
chartered financial analyst The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the US-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financia ...
. He a member of th
Institute of Certified Public Secretaries of Kenya
(ICPSK).


Career

He joined the Kenya Air Force (KAF) at the rank of Lieutenant and a job assignment of a Technical Officer. His job included the development of an ICT strategy and the maintenance of the avionic communication systems at the KAF. He worked there for five years, during which time he was promoted to the rank of
Captain Captain is a title, an appellative for the commanding officer of a military unit; the supreme leader or highest rank officer of a navy ship, merchant ship, aeroplane, spacecraft, or other vessel; or the commander of a port, fire or police depa ...
. From 2000 until 2004, he served as
Company Secretary A Company secretary is a senior position in the corporate governance of organizations, playing a crucial role in ensuring adherence to statutory and regulatory requirements. This position is integral to the efficient functioning of corporations, ...
and investment manager at ICDC Investment Company Limited, the precursor to
Centum Investments Centum Investment Company Plc, commonly known as Centum is a public East African investment company. It operates as an affiliate of the Kenyan government-owned Industrial and Commercial Development Corporation (ICDC). Overview Centum is a publ ...
. Having served as Acting Managing Director from 2004 until December 2004, Peter Mwangi was confirmed as managing director at the company in December 2004. He continued in his role as the CEO, managing director and investment manager, until 15 October 2008. During his tenure, the company re-branded to "Centum Investment Company Limited'. When he left Centum, he joined the
Nairobi Securities Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in ...
(NSE), as the chief executive officer in November 2008. His contract was renewed in 2011 but he had to leave the NSE in 2014, because the law allows for a maximum of two consecutive tree-year terms. During his tenure at NSE, the shares of
stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...
of the exchange, were demutualised and sold to the public. In October 2014, he was appointed the CEO at Old Mutual Kenya, a subsidiary of
Old Mutual Old Mutual (officially Old Mutual Limited) is a South African investment, savings, insurance, and banking group, operating across Africa. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchan ...
, the international financial services conglomerate, with headquarters in London, United Kingdom. In June 2015, when Old Mutual decided to merge all its businesses in Kenya under one roof, Peter Mwangi was selected to be the Group Chief Executive of UAP Old Mutual Group.


See also

*
UAP Holdings Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa. UAP Holdings is one of the leading insurance and financial services groups in eastern Afric ...
*
Old Mutual Old Mutual (officially Old Mutual Limited) is a South African investment, savings, insurance, and banking group, operating across Africa. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchan ...
*
Faulu Kenya Faulu Microfinance Bank Limited, commonly referred to as Faulu Kenya, is a microfinance bank based in Kenya. It is regulated by the Central Bank of Kenya. The word ''Faulu'' is Swahili for succeed. History Faulu Microfinance Bank is a limite ...


Other responsibilities

Peter King'ori Mwangi sits on the boards of the following public and private enterprises: 1. UAP Old Mutual Insurance Sudan Limited. 2. Kisii Bottlers Limited 3. Mount Kenya Bottlers Limited 4. Rift Valley Bottlers Limited 5. Eveready Batteries Limited 6. KWAL Holdings Limited 7. Central Depository & Settlement Corporation Limited 8. Funguo Investments Limited. 9. British American Tobacco Kenya Limited 10. Wildlife Works Inc.


References


External links


Website of UAP Old Mutual Group
{{DEFAULTSORT:Mwangi, Peter Living people 1970 births 1970s births Kenyan businesspeople Kikuyu people Kenyan accountants Kenyan electrical engineers CFA charterholders University of Nairobi alumni