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Founder and CEO of Acceler Global Logistics
Peter W. Muthoka is the founder and Chief Executive Officer of Acceler Global Logistics, a Kenyan freight and supply-chain firm he established in 1991. Under his leadership, the company has grown to operate regionally and globally, providing services such as customs brokerage, warehousing, transport and distribution, ocean freight, and clearance & forwarding. Reports indicate that Acceler earns more than USD 50 million (≈ KSh 6.46 billion) annually and employs over 5,000 people.
View Count
618
County
Kenya
Birth Year
1975
Get to know the story behind the profile.
Peter W. Muthoka is the founder and Chief Executive Officer of Acceler Global Logistics, a Kenyan freight and supply-chain firm he established in 1991. Under his leadership, the company has grown to operate regionally and globally, providing services such as customs brokerage, warehousing, transport and distribution, ocean freight, and clearance & forwarding. Reports indicate that Acceler earns more than USD 50 million (≈ KSh 6.46 billion) annually and employs over 5,000 people. Beyond logistics, Muthoka has made strategic investments in other sectors. He was formerly the largest individual shareholder in CMC Motors before selling his stake in 2014 to the UAE’s Al-Futtaim Group for about USD 20 million. His shareholdings in publicly listed Kenyan firms are estimated to exceed KSh 4.5 billion. He also chairs Transglobal Cargo Center, a cargo services company involved in freight forwarding, trucking and storage, which has received recognition from bodies such as the World Customs Organization.
Highlights that showcase impact and influence.
Founding & scaling Acceler Global Logistics • Launched in 1991, now one of Kenya’s largest freight and logistics companies serving national, regional, and global supply chains.
Earned a trade/operational award from the World Customs Organization in 2016
Founder & Chairman of Transglobal Cargo Center, providing freight forwarding, trucking, handling, storage services.
Under his direction, Transglobal was licensed by Kenya Airports Authority for cargo handling at JKIA.
Once the largest individual shareholder in CMC Motors (automobile distribution firm).
In 2014, sold that stake to the UAE’s Al-Futtaim Group for ~KSh 2 billion (~USD 20 million).
Holds shares in publicly listed Kenyan companies valued at over KSh 4.5 billion.
Served as founding CEO of the Export Promotion Council of Kenya and was Commissioner-General for Kenya at Expo 2000 in Hannover, Germany.
Founded the College of Banking and Finance of Kenya and acted as its first CEO.
Held chairmanship and board roles in multiple institutions: Old Mutual Investment Group Kenya, UAP-Old Mutual Foundation, Advocates Plaza, Woodley Springs, Faulu Microfinance Bank.
Honored by the Kenyan state with Medal of Moran of the Burning Spear (MBS) (2004) and Elder of the Burning Spear (EBS) (2012) for contributions in finance, investments, CSR, philanthropy.
Recognized as a regional power broker in Ukambani.
Has engaged politically through financial backing and influence in regional elections.
A timeline of pivotal roles and responsibilities.
Early public & governmental roles
Worked with the Office of the President and Ministry of Education in senior capacities.
Served in roles with UN agencies (e.g. UNESCO, UNDP, WTO, ITC) and Central Bank of Kenya
Founder & 1st Chief Executive of the Export Promotion Council of Kenya.
Commissioner-General for Kenya at Expo 2000, Hannover.
Private sector & corporate leadership
Founder & CEO, Acceler Global Logistics (from 1991 onward)
Founder & Chairman, Transglobal Cargo Center (cargo, forwarding, trucking, storage).
Managing Director, Sasini Ltd (agricultural / plantation enterprise).
On KCB board between 2004-2012; chaired KCB South Sudan, KCB Uganda, KCB Rwanda
Director, KCB Tanzania; director of KCB Foundation; director in Savings & Loan Ltd.
Chairman, Board of Fellows of the Kenya Institute of Management (KIM); Trustee, Board of Management University of Africa (MUA).
University appointment: named Chancellor of Masinde Muliro University of Science and Technology (MMUST) for a 5-year term.
Key events that have shaped public perception.
A forensic audit by PwC alleged that Muthoka’s company Andy Forwarders colluded with CMC employees to overcharge the motor firm by billions of shillings.
The Capital Markets Authority suspended trading in CMC shares during the controversy to protect minority shareholders.
In 2020, the High Court approved Muthoka’s removal from the board of CMC Motors, following litigation over governance disputes and shareholder conflicts.
In 2018, Acceler Global Logistics (his flagship business) faced a winding-up petition by creditors who claimed the company owed them monies and asked the court to liquidate assets.
Reports claim that in 2010, his firm Transglobal Cargo Centre secured a KSh 510 million loan using Kenya Airports Authority (KAA) land as collateral. The arrangement allegedly lacked clarity on repayment terms and exposed KAA to risk of losing the land.
Also, questions were raised about how the original land lease (20 years) was extended to 60 years without proper oversight.
In 2019, the Court of Appeal ruled in a dispute between Muthoka and his former advocates about taxation of a bill of costs. The litigation stemmed from a prior settlement in a CMC–Andy Forwarders case and the proper basis for instruction fees.
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