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Kathure Nyamu
MD, NCBA INVESTMENT BANK
As the Managing Director of NCBA Investment Bank, a wholly owned subsidiary of NCBA Group PLC, Kathure Nyamu has the responsibility of overseeing the success of the investment bank’s offerings in advisory, security brokerage and wealth management services. NCBA Group PLC is a highly respected financial services group listed on the Nairobi Securities Exchange (NSE).
Kathure has been instrumental in driving NCBA Investment Bank’s strong performance in recent years. NCBA Group’s 2021 Annual Report indicates that the Group’s investment banking subsidiary recorded revenues of Sh580 million in 2021, a 33 per cent increase from Sh435 million in 2020. Profit before tax grew by a staggering 68 per cent from Sh202 million in 2020 to Sh 340 million in 2021.
Investment banking is a fiercely competitive industry and NCBA Investment Bank’s strong growth in recent years is a testament to the world class leadership Kathure has been able to bring to the table.
Ms Nyamu, a seasoned corporate finance professional, honed her leadership prowess over the past twenty-five years. Prior to her appointment as Managing Director of NCBA Investment Bank, she was the Chief Executive Officer at CBA Capital Limited, a wholly owned investment banking subsidiary of the former Commercial Bank of Africa Limited (CBA), which merged with NIC to form NCBA Bank Kenya PLC. She held this position between 2014 and 2019. She also served as the Head of Investment Banking at CBA between 2008 and 2014.
Among her peers, Ms Nyamu is a respected specialist in mergers and acquisitions, privatizations, valuations and finance raising, wealth management, business strategy, corporate finance and securities brokerage, with more than 28 endorsements from leading clients. In this industry, she is a leading thought leader.
A strong brand
NCBA Investment Bank’s wealth management solutions are tailored towards meeting clients’ long-term and short-term financial needs. The Investment Bank’s solutions in this area include a bespoke private wealth solution geared towards high-net-worth individuals and institutions, known as NCBA Wealth; and Collective Investment Schemes solutions, comprising the Kenya Shilling denominated NCBA Fixed Income Fund, the NCBA Dollar Fixed Income Fund, the NCBA Equity Fund. The Investment Bank also has unit trust solutions for the more sophisticated investors which comprises the NCBA KES Fixed Income Basket Note Fund and the NCBA Dollar Fixed Income Basket Note Fund. The assets under management in NCBA Investment Bank’s collective investment scheme reached Sh18 billion in 2021, a 43 per cent increase from Sh12.5 billion in 2020, according to data from the Capital Markets Authority. This makes NCBA-IB one of the fastest growing fund managers and the second largest collective investment scheme in market with 29 (and growing) licensed fund managers.
Professional firms
Before joining investment banking, Kathure worked as a Corporate Finance Executive at PwC from 2004 to 2006, a Senior Corporate Finance Consultant at Deloitte Management Consultants between 2001 and 2003, and as an Auditor Senior at Deloitte between October 1997 and March 2001. Her successful stint with the leading professional services firms enabled her to build the knowledge, skills, experience, and networks to excel in investment banking.
She holds a Bachelor of Commerce (B. Com) degree in Finance from the University of Nairobi (UoN) and is a graduate of the Advanced Management Program (AMP), an executive education from Strathmore Business School (SBS). The AMP is a joint program with Lagos Business School (LBS) and IESE Business School in Barcelona, Spain. Ms Nyamu is also a Certified Investment and Financial Analyst and a Certified Public Accountant of Kenya.
Ms Nyamu, schooled at the prestigious Precious Girls Riruta, an institution she remains proud of. She loves coaching and mentoring young upcoming women leaders while remaining very passionate about the boy-child, being a proud mother of two sons. She is looking forward to joining like -minded mothers to partner with on this cause.
When not braided, Ms Nyamu wears her natural kinky Africa hair with the gait of a queen. She enjoys reading widely and winds up after duty listening to a wide array of music. Her first love is classical music, shopee being a personal favorite.
Kathure’s main hobby is playing the piano and looks forward to sitting her grade 7 piano exams. Other away from home hobby is organic farming, done real-time by the phone.