Andrew Musangi, the son-in-law of the late businessman Chris Kirubi is poised to take over control of the deceased’s real estate company – Centum Real Estate.
Musangi, who is the husband of Kirubi’s only daughter Mary Ann, has reportedly been appointed to the board of Centum Real Estate, a subsidiary of Centum Investments.
The appointment will pave the way for Musangi, a lawyer by profession, to manage the multi-billion-shilling company that was close to Kirubi’s heart.
Musangi serves as the Chairman of the Jubilee Party’s National Elections Board, GenAfrica Asset Managers, and the Public Procurement Regulatory Board. He is also a managing partner at Mukite Musangi and Company Advocates, which he founded in 1998.
Centum Real Estate has its operations spread across Kenya and Uganda. Its investments include Vipingo Development, Palm Ridge Apartments, Pearl Marina Estates Ltd, Centum Development Kenya Ltd, and Uhuru Heights Ltd.
Kirubi, who died of cancer on June 14th, was the chairman of Centum Investment Company as he was the largest shareholder.
He was a renowned investor, industrialist, and entrepreneur with interests in manufacturing, media, real estate, insurance, and investment.
Kirubi, 80, left behind two children namely Mary-Ann and Robert Kirubi. The tycoon was laid to rest at his Bendor Estate in Murang’a County on June 19th.
