Since 1994, we have helped write East Africa’s financial story.
Every investor starts somewhere: 100 shares bought on a phone at lunch, or a board resolution to raise billions. Faida Investment Bank was built to serve both.
We started with a licence, a phone line, and a view about Kenya.
In 1994, when most Kenyans had never owned a share, we opened a stockbroking firm on a simple bet: that ordinary people here would invest if someone made it possible. The Capital Markets Authority licensed us in 1995, and in December 2007 we became a fully fledged investment bank.
The bet paid off in public. When Safaricom listed in 2008, we were lead sponsoring broker on a KES 50 billion IPO that turned hundreds of thousands of Kenyans into shareholders for the first time. We have been in the room for the market’s defining transactions ever since, most recently the KES 106.5 billion Kenya Pipeline mandate in 2026. In 2024 we added a fund family of our own, the Faida Unit Trust, led by the OAK Special Fund. Thirty one years in, the bet is unchanged. The clients have multiplied.
These are figures we can defend.
Every figure on this page comes from our audited record and corporate filings.
Africa’s Future Funded.
That is our vision, and our mission gives it hands: to inspire financial independence and dignity. Inspire, because we educate and walk alongside our clients rather than simply transacting for them. Independence, because the point is wealth of your own. Dignity, because everyone deserves to be served with respect, whatever their starting balance.
Passionate
We bring energy and a sense of purpose to every mandate we take on.
Responsive
We listen actively, move with agility, and serve with care.
Teamwork
We collaborate, trust each other, and win as one firm.
Exactly who looks after your money.
Our board and management combine deep regional capital markets experience with international credentials, and each profile links to a full biography, because you should know exactly whose judgement your money rides on.
The board
Bob Karina
Founder and Chairman
Read bioLucas Otieno
Managing Director
Read bioRina Hicks
Chief Operations Officer
Read bioDavid Mataen
Corporate Finance Director
Read bioIan Kahangara
Chief Investment Officer
Read bioMercy Kamau
Independent Director
Read bioDennis Waweru
Non-Executive Director
Read bioHeads of department
Joseph Kinuthia Macharia
Head of Dealing and Chief Trader
Read bioHillary Tadayo
Head of Dealing, Global Markets
Read bioTitus Kimeu
Head of Distribution
Read bioShadrack Mwondwe
Head of Fixed Income Dealing
Read bioMilcah Kariuki
Head of Internal Audit
Read bioJohn Collins Mbugua
Head of Research
Read bioJoshua Mwanjama
Head of Operations, Global Markets
Read bioTeresiah King’ara
Head of Marketing and Communications
Read bioWe were first onto the Rwanda Stock Exchange.
Faida Securities Rwanda was the first licensed broker at the Rwanda Stock Exchange. Incorporated in 2007, it sponsored the first equity listing on the Rwanda Over the Counter Market, the cross listing of KCB Group in June 2009, and has kept that market liquid ever since. Its record includes the cross listings of Equity Bank and Nation Media Group, the listing of RH Bophelo from the Johannesburg Stock Exchange, and the I&M Bank Rwanda rights issue that raised FRW 7.9 billion and closed 12 percent oversubscribed. If your ambitions cross borders, so do we: our partnerships extend client access to Uganda, Tanzania, the United Kingdom, and the United States.
We are regulated at every level.
CMA-licensed investment bank
Licensed by the Capital Markets Authority of Kenya, held continuously since 1995.
NSE member
Member of the Nairobi Securities Exchange and trading participant on the NSE Unquoted Securities Platform.
Regulated fund family
The Faida Unit Trust Fund is a CMA-regulated Collective Investment Scheme, licensed in 2024.
Licensed in Rwanda
Faida Securities Rwanda Ltd is a licensed member of the Rwanda Stock Exchange.
Anti-money-laundering controls
Full adherence to POCAMLA and the Wolfsberg Group Principles, with no transaction executed without customer due diligence.
An ethics code everyone signs
Every employee, directors included, commits to our Code of Ethics annually, with pre-authorisation on all personal trading.