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Fusion Capital appoints new CEO as incumbent calls it a day

BUSINESS
By Maina Mwangi | March 28th 2017
PHOTO:COURTESY

Nairobi-based real estate developer and private equity firm Fusion Capital has appointed Daniel Kamau as Group Chief Executive.

Mr Kamau has been with the firm for the past 11 years and has overseen some of its flagship projects including Flamingo Towers in Nairobi’s Upper Hill and Fourth Ngong Avenue at Community as well as the iconic Kigali Heights in Rwanda.

He replaces Luke Kinoti, who retires on Friday to pursue other business interests. “We are delighted to have found our new CEO from within our business.

Daniel has proved himself over more than 10 years with Fusion, and will continue to drive the company forward,” said Fusion Group Chairman Phil Goodwin in a statement.

Mr Kamau welcomed the appointment, terming it a great honour. “We have exciting times ahead of us, as the region’s cities continue to rapidly develop, and Fusion will play its full part.” Fusion currently has real estate commitments across the East African region.

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