Centum Head of Real Estate and Infrastructure Job in Kenya

Centum Investment Company Limited (Centum) is a 44 year old leading East African investment company whose shares are listed on the Nairobi Securities Exchange and the Uganda Securities Exchange.

Centum’s portfolio is valued at approximately Kshs 15 Billion and the target is to grow it to Kshs 30 Billion over the next 2 years. Centum invests across three principal business lines:  

(i) Private equity 

(ii) Real Estate and Infrastructure and 

(iii) Quoted Private Equity.

Centum is seeking a high caliber individual to head its Real Estate and Infrastructure Business Line.  

At present, Centum has invested more than Kshs 3.6 Billion in this business line and will over the next three years deploy an additional Kshs 3.0 Billion, which excludes over Kshs 30 Billion in third party capital that the Company will raise to implement the various Real Estate projects.

The principal Real Estate & Infrastructure projects currently under development include:

The Two Rivers Project which is located on a 100 acres in the diplomatic Blue Zone in Gigiri/Limuru Road area of Nairobi.  Two Rivers will be a mixed use commercial development consisting of retail, leisure, offices and residential development. Phase 1 will be approximately 1.5 million square feet.
 

The Pearl Marina Project which is located on 300 acres in the Garuga peninsular in Entebbe Uganda. Pearl Marina is targeted to be a mixed use water front development with a blend of commercial, leisure, recreation, retail and residential activity that will be supported by an international school and a modern hospital facility.
 

Centum is in the process of making significant investments in the renewable power sector.
 

The Role
 

The Head of Real Estate & Infrastructure is a senior management role that shall report to the Chief Executive Officer of Centum, and work closely with the Board of Directors of the various Project Companies.

A successful job holder shall over the next 24-36 months deliver the following results:

• Working with the Two Rivers and Pearl Marina Project team deliver a successful development that will exceed the expectations of its investors, tenants, residents, visitors, the neighboring community and all the external stakeholders.
• Develop an attractive portfolio of investments in the power sector within the East African region.
• Develop a competent team of professionals that shall deliver on Centum’s strategic goal of becoming the leading real estate and infrastructure developer and investor in Africa.
• Raise sufficient third party capital to co-finance the Real Estate and Infrastructure projects under consideration.
• Successfully manage relationships with investors, regulators and all third parties that are critical to the successful execution of the objectives listed in 1 to 4 above.

The successful job holder shall:

• Be an effective and ethical leader with experience of; successfully leading winning teams in large and complex projects, “no excuses” execution of strategy and delivery of tangible results.
• Be highly professional but with an entrepreneurial mind set and a ‘can do it’ attitude committed to the delivery of tangible results within a relatively short period of time.
• Have experience and knowledge of real estate and infrastructure development. 
• Be an emotionally intelligent individual with the ability to cultivate and manage relationships with a globally diverse group of institutions and individuals;
• Demonstrate  ability to lead the simultaneous execution of multiple large projects across national borders;
• Demonstrate intellectual capacity, experience and appropriate educational and professional education and training to handle the complexities of these projects which include but are not limited to financial, legal, technical, project management issues.
• Be primarily motivated by the desire to deliver successful, value adding cutting edge developments and make a significant difference in the African continent.

Applications are invited through jobs@centum.co.ke and should be received not later than 25th May 2012. 

Applicants who do not hear from us by 15th June 2012 should consider themselves unsuccessful.