When President Uhuru Kenyatta and Deputy President William Ruto secured a second term in office in October 2017, one of the first appointments they made was that of one Peter Muthoka, an astute businessman and investor.
Muthoka was appointed by President Kenyatta as the Chancellor of Masinde Muliro University of Science and Technology (MMUST) on December 14, 2017, where he succeeded the third President of the former President Mwai Kibaki who served the University for 10 years.
His profile on the Institute of Directors Kenya (IOD Ke.) paints a picture of a businessman with vast networks, experience, wealth and education, some of the things that endeared him to President Uhuru Kenyatta.
Muthoka is the Chairman of the Board of Fellows of the Kenya Institute of Management (KIM) and Chairman of the Board of Trustees of The Management University of Africa (MUA).
He is also Chairman of the Old Mutual Investment Group (K) Ltd, Chairman of the UAP-Old Mutual Foundation, Chairman of Bel-Air Management Ltd, Chairman of the Advocates Plaza Ltd, Chairman of Woodley Springs Ltd and Chairman of Faulu Microfinance Bank.
Apart from that, Muthoka is also the Director of UAP-Old Mutual Holdings Ltd and Old Mutual Life Assurance Company (K) Ltd; and Director of the Institute of Directors, Kenya.
Muthoka is an alumnus of Nyeri High School (O-Level) and Strathmore College, (A-Level) and holds BA (Hons) Degree from University of East Africa (UEA), MA Degree from the University of California, Los Angeles (UCLA), an Honorary Degree of Doctor of Management and Leadership (D.ML)(Honoris Causa) from The Management University of Africa (MUA).
According to IOD, he also holds Course Certificates from United Nations Educational, Scientific and Cultural Organization (UNESCO), Bank of England, International Monetary Fund (IMF) and the World Trade Organization (WTO)
He also holds certificates from the International Trade Centre (ITC), Japanese External Trade Organization (JETRO), Singapore Export Institute (SEI), Kenya Institute of Administration (KIA), Centre for Corporate Governance (CCG), Strathmore Business School (SBS) among others.
Muthoka served on the KCB board between 2004-2012, where he was the Chairman of KCB South Sudan, KCB Uganda and KCB Rwanda, Director KCB Tanzania, KCB Foundation, and Savings & Loan Ltd.
He has served in senior positions with the Government Of Kenya (Office of the President and Ministry of Education), United Nations related bodies (UNESCO, UNDP, UNICEF, WTO, ITC), and the Central Bank of Kenya.
Muthoka is also reported to be the founder and Chief Executive of the College of Banking and Finance of Kenya, founder and first Chief Executive of Export Promotion Council of Kenya and Kenya Commissioner-General at Expo 2000 in Hannover, Germany.
In 2004, he was awarded the medal of Moran of the Burning Spear (MBS), by President Kibaki for “devotion, commitment, loyalty and exemplary service” rendered to the Kenyan Public Service and international organizations for 38 years from 1966 to 2004.
Eight years later in 2012, he was awarded the medal of Elder of the Burning Spear (EBS) for distinguished service rendered to the nation especially in areas of finance, investments, corporate social responsibility, and philanthropy.
