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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 which 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 A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of the
UAP Old Mutual Group UAP Old Mutual Group is a financial services conglomerate that maintains its headquarters in Kenya, with subsidiaries in Uganda, Tanzania, South Sudan, Rwanda and the Democratic Republic of the Congo. Location The headquarters of UAP Old Mut ...
, the financial services
conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...
, 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 has a population of 759,164 and an area of 2361 km2. It is currently under the leadership of H.E. Governor Mutahi Kahiga. Other gove ...
, 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 which use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
, from the
University of Nairobi , mottoeng = In unity and work , image = Uon emblem.gif , image_size = 210px , caption = Coat of Arms of the University , type = Public , endowment ...
, 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 Sta ...
and a
chartered financial analyst The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and fina ...
. 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 of a navy ship, merchant ship, aeroplane, spacecraft, or other vessel; or the commander of a port, fire or police department, election precinct, e ...
. From 2000 until 2004, he served as Company Secretary 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 pu ...
. 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 In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
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 Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in S ...
, 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, but has plans to be a pan-African insurance company. UAP Holdings is one of the leading ins ...
*
Old Mutual Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in S ...
*
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 limit ...


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 engineers CFA charterholders University of Nairobi alumni