Faida Investment Bank: A Leading Kenyan Financial Institution Owned by Dennis Waweru

Faida Investment Bank, a renowned Kenyan financial entity, is licensed by the Capital Markets Authority (CMA) and regulated by the Central Bank of Kenya (CBK).

The bank is owned by Dennis Waweru, a former Member of Parliament for Dagoretti South and a key figure in Kenya’s financial and political landscape.

Founded in 1995, Faida Investment Bank initially operated as a stocks and securities broker before evolving into a full-fledged investment bank in 2007.

Today, it is one of Kenya’s leading investment banks, dedicated to helping clients generate wealth through a range of services, including market research, managed futures, and advisory services.

A Pan-African Presence Faida Investment Bank has an expansive retail franchise and distribution network across Kenya, and it extends its reach into East Africa through its subsidiary, Faida Securities Rwanda Ltd. Established in 2007, Faida Securities Rwanda is a prominent player at the Rwanda Stock Exchange, having pioneered the first equity listing at the Rwanda Over the Counter Market (ROTCM) with Kenya Commercial Bank Group in 2009.

The company continues to sustain market liquidity by actively trading KCB shares and playing a pivotal role in Rwanda’s corporate finance sector.

Comprehensive Financial Services Faida Investment Bank offers a wide array of services to its clients:

1. Brokerage: Faida facilitates the buying and selling of shares and fixed-income securities on behalf of the investing public.
2. Market and Institutional Research: The bank provides fundamental analysis on quoted companies and uses tried-and-true valuation techniques to forecast company performance.
3. Managed Futures: Faida gives sophisticated investors the opportunity to diversify their portfolios through Managed Futures, offering alternative investment strategies involving futures contracts.
4. Advisory: With extensive expertise in public and private sector transactions, Faida offers advisory services that include capital raising and strategic planning. Its clientele includes local and foreign institutions, as well as high-net-worth individuals.

Dennis Waweru: Leadership and Expertise Dennis Waweru, a Partner and Director at Faida Investment Bank, holds an MBA in Strategic Management and a Bachelor of Commerce from Moi University.

With over 22 years of experience as an investment banker, Waweru has played a crucial role in the growth of Kenya’s financial sector.

He is also the Chairman of the Kenya Investment Authority (KenInvest) and formerly served as the Vice Chairman of the Kenya Association of Investment Banks and Stock Brokers (KASIB).

Waweru’s extensive experience in portfolio management, securities dealing, bond valuation, and transaction structuring has been pivotal in driving growth at Faida Investment Bank.

His leadership has helped implement key stock market initiatives, contributing to the sustainable development of Kenya’s capital markets.

As a key player in Kenya’s investment landscape, Waweru’s contributions to the financial and political spheres continue to shape the future of investment banking in East Africa.