Felix Kimanthi has been appointed Olympia Capital Group managing director and CEO efficient January 1, 2023. PHOTO | COURTESY

Funding agency Olympia Capital Holdings Restricted’s (OCHL) board has appointed Felix Kimanthi because the Group managing director and CEO, changing Gladys Juma, who resigned in mid-2021.

Mr Kimanthi has been the chief development officer within the agency since October 2021.

After the exit of Ms Juma, Alex Kimani, the CEO of its subsidiary in Botswana, doubled up because the group MD in an performing capability.

With Mr Kimanthi’s appointment in January, Mr Kimani will retain his position within the Botswana operations.

“The brand new CEO shall be anticipated to develop the group’s funding portfolio within the area and to align the subsidiaries and the pinnacle workplace in direction of maximising shareholder’s wealth,” the board stated in a press release.

“The appointment is supposed to ascertain a company technique on the group stage that can information the group to grasp its imaginative and prescient.”

Olympia Capital has pursuits in manufacturing, actual property, buying and selling and providers.

Owing to rising losses, OCHL, previously Dunlop Kenya Restricted (DKL), divested from its wholly owned flooring tiles, adhesive manufacturing and sports activities gear.

Olympia’s subsidiaries in Kenya embrace Mather+Platt (Okay) Ltd, a fireplace programs and water pump supplier in East Africa and Avon Centre, its actual property division.

The funding agency additionally has a serious stake in Heri Restricted, a property developer.

The corporate, by Olympia Capital Company (Pty), a publicly listed firm within the Botswana Inventory Alternate, has pursuits in Kalahari Flooring Tiles (Pty) Restricted and Gaborone Enterprises (Pty) Restricted.

Mr Kimanthi has been a enterprise sustainability and investments marketing consultant for over a decade.

He’s an authorized public accountant. He additionally holds a Bachelor’s diploma in Enterprise Administration from Moi College and a Grasp’s in Enterprise Administration from the College of Nairobi.

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