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Polycarp Igathe: Career, Wealth and Educational Background

Editor SharpDaily by Editor SharpDaily
April 20, 2022
in News
Reading Time: 2 mins read
Mr Polycarp Igathe

Mr Polycarp Igathe. [Photo/ Courtesy]

Polycarp Igathe came to limelight after becoming the second Deputy Governor for Nairobi, deputising disgraced second governor Mike Mbuvi Sonko.

Igathe who is the current Chief Commercial Officer of the Equity Group Holdings Limited, made his entry into politics in 2017, when he deputized Sonko.

Despite his stint as the second in command for Kenya’s capital, his reign under Sonko was so silent, until he called it quits after a fallout with the flamboyant politician.

Read: Mystery Of Prisons Cleaner Eric Kipkurui Getting Ksh20k Salary, Now With Ksh257 Million Cash, Assets

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He resigned less than a year into office on January 31, 2018, saying he had failed to earn the trust of the Governor.

Prior to becoming the deputy governor, Igathe served as the Vice President in charge of Sales and Marketing in Vivo Energy Africa.

After leaving the county job, Igathe joined Equity Group where he was appointed the chief commercial officer  before he was promoted a month later to become the managing director. Months later he resigned and joined his former employer, Vivo Energy Africa, where he was appointed the executive vice president Sales and marketing.

Mr Igathe studied economics and sociology at the University of Nairobi and graduated in 1995. He got his first job in Australia as a finance officer at Queensland Health.

Read: Caroline Armstrong-Ogwapit Appointed New Faces New Voices Trust Chairperson

He lasted a year and a half only in the job, before coming back to work with Coca-Cola, where he worked until 2000. He then joined Africa Online as a sales and marketing manager. He was then hired by Kenya Breweries Limited, working as sales operations manager and then as marketing manager. He then worked as the managing director at Haco Industries for ten years, prior to joining Vivo Energy Kenya, in 2003.

Igathe chaired the Kenya Association of Manufacturers, from 2012 until 2014. He also chaired the Petroleum Institute of East Africa, from 2014 until 2016. Other responsibilities include as Director and Trustee of the Kenya Private Sector Alliance, from 2014 until 2016 and as chairman and member of the Board of Management of Bishop Gatimu Ngandu Girls High School since 2010.

he was appointed to chair the Anti-Counterfeit Agency in 2015, where he served for a year. He was then appointed chairman Special Economic Zones Authority of Kenya in October 2016.

He is estimated to be worth between $1 million (Ksh115 million as per current exchange rate) and  $5 million (Ksh577 million).

Read: Nairobi Expressway Eats Into Mombasa Road Offices Yields

 

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