Mwai Kibaki loses plum job after Uhuru’s latest decision

Uhuru Kenyatta succeeded Mwai Kibaki in 2013.

The new appoint of Muthoka, took effect on December 8, and his appointment received a ratification a Thursday after President Uhuru Kenyatta put on the Gazette notice dated December 14.

Mr Muthoka retired from the Kenya Commercial Bank in May 2012 after a long standing experience in corporate management and entrepreneurship in both the private and public sector spanning several years.

He served at KCB Group as the director and as the group Chair for seven years. He is also the chair of the Old Mutual Asset Managers, Old Mutual Investments Services, Bel Air Management Ltd, the Advocates Plaza Ltd and Faulu Microfinance Bank.

He is also a director of Old Mutual Holdings and Old Mutual Life Assurance Company, Old Mutual Africa Holdings and Old Mutual Emerging Markets and Director of the Institute of Directors.

The billionaire businessman is also the chair of the Board of Fellows of the Kenya Institute of Management (KIM) and chair of the Board of Trustees of The Management University of Africa (MUA).

Further, Muthoka has been an initiator and implementer of development programmes at national, regional and international levels under the auspices of the Government of Kenya (GOK) and multilateral and bilateral agencies.

In the lead up to the August 8 election, Muthoka was among top professionals and businessmen from Ukambani who formed part of Uhuru's re-election campaign in Eastern region.

He accompanied Uhuru and DP William Ruto during visits to the region and was occasionally invited to greet the crowds during the tours.

Muthoka is also believed to have funded the UhuRuto re-election campaign.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Little-known Cabinet nominees for Treasury, Education and Health

Little-known Cabinet nominees for Treasury, Education and Health

George Kinoti resigns as DCI boss

George Kinoti resigns as DCI boss

Ruto unveils his Cabinet [Full list]

Ruto unveils his Cabinet [Full list]

Paul Gicheru's unusual behaviour before death

Paul Gicheru's unusual behaviour before death

Senior KDF officer dies mysteriously outside Moi Airbase

Senior KDF officer dies mysteriously outside Moi Airbase

CS Matiang'i resurfaces in Ruto's first Cabinet meeting [Photos]

CS Matiang'i resurfaces in Ruto's first Cabinet meeting [Photos]

Joho shows off his 'animal friends' [Video]

Joho shows off his 'animal friends' [Video]

Lawyer Paul Gicheru found dead

Lawyer Paul Gicheru found dead

Journalists' union comes to rescue of Tuko editor after being jailed

Journalists' union comes to rescue of Tuko editor after being jailed