Managing Director - Centum Real Estate
Kenneth Mbae assumed the role of Managing Director at Centum Real Estate Limited on March 17, 2022. He is widely recognized for his outstanding achievements in the real estate sector. Prior to his appointment as Managing Director, Mbae served as the Chief Operating Officer of Centum Re, where he oversaw operations in Kenya and Uganda. His most notable accomplishment was as the founding Managing Director of Vipingo Development, a subsidiary of Centum Re. Under his leadership, Vipingo Development grew into a formidable business, achieving a remarkable valuation of over Sh20 billion, with sales exceeding Sh9 billion and cash collections totaling Sh5.3 billion.
As new cities emerge across the globe, a critical question is taking shape: can cities themselves be treated as an investable asset class? This session brings together investors, developers, and policy experts to explore the financial models, risk frameworks, and governance structures that make large-scale urban development viable. From revenue-backed infrastructure to public-private partnerships, we’ll examine how to unlock long-term value while building the cities of the future.