NAIROBI, Kenya May 8 – Investment bank Kestrel Capital (East Africa) Ltd has named Francis Maina Mwangi as its new Chief Executive Officer, effective 29 April 2019.
His appointment is expected to drive the firm’s continuous growth and competitive position in the investment banking sector in East Africa.
Kestrel Capital Chairman and Founder Charles Field-Marsham expressed confidence in Francis’ ability to run the business, focused on the guiding principles of integrity, professionalism and excellent service delivery, while steering the institution to greater heights.
“The Board is confident that he has the right skills, experience and values for his new role in leading Kestrel Capital, and I assure him of the full support of the Board in his new role. It speaks of the talent we have in Kestrel that we are able to recruit a strong CEO from within the business, who has a successful track record in the areas that are of highest importance for our clients and to the firm,” said Field-Marsham.
Francis joined Kestrel Capital in 2018 as an Executive Director. Commenting on his appointment Mr. Mwangi said; “I am excited about using my experience in research, corporate finance and sales, and working closely with a strong team to drive the growth of Kestrel Capital and capital markets across East Africa”.
Over the past 12 years, Francis has been actively involved in advising local and international investment banks on venture opportunities across East Africa. He has also actively participated in originating and structuring both public and private, equity and debt transactions.
Prior to joining Kestrel Capital, between 2011 and 2018, Francis worked for Standard Investment Bank as Head of Research where he headed the setting up of the research department. Prior to that, he was at African Alliance Investment Bank as Senior Investment Analyst.
Francis holds a Bachelor of Commerce (Finance Major) Honours Degree from the University of Nairobi (UoN) and he is a Fellow of Chartered Certified Accountant (ACCA, England & Wales). Francis is also a CFA charter holder.
Kestrel Capital is the leading equities and bond trader on the Nairobi Securities Exchange (NSE) for institutional and high net worth investors, with a strong focus on market and company research.
The firm is an independent Investment Bank licensed by the Kenyan Capital Markets Authority (CMA) and a member of the Nairobi Securities Exchange (NSE). Kestrel has been ranked number one equities and bond trader on the NSE several times over the last decade.
With a dedicated approach that encompasses research, sales and excellent back office servicing, Kestrel Capital has trading relationships with top tier local and international asset managers, and leading global/emerging/frontier markets international brokers and investment banks.
Founded in 1995, Kestrel Capital was the first investment bank to publish fundamental market and company research in Kenya. The firm introduced corporate access services in 2004 and was amongst the first Kenyan based investment banks to actively sell Kenyan securities to international asset managers.
Over the years, Kestrel has received many awards for its leading roles in stockbroking and research including Winner of the Kenya Investment Awards 2017: Equity Dealer of the Year and Bonds Dealer of the Year.
Over the last 10 years, Kestrel Capital has successfully executed over 30 corporate advisory transactions. The firm’s success has been supported by; strong relationships with Corporates, experienced staff, sound distribution capacity and a desire to develop the capital markets by offering clients innovative capital raising and investment solutions.