Kenya's CMA Grants AKN Investments Ltd an Investment Adviser License

The Capital Markets Authority (CMA) has licensed AKN Investments Limited as an investment adviser under the Capital Markets Act and Regulations.

An investment advisor is a person or group licensed under the Capital Markets Act to make investment recommendations or conduct securities analysis in return for a fee whether through direct management of a client's assets or through written publications.

The approval brings the number of investment advisors authorized by the CMA to 18.

The AKN Investments Limited team includes specialist investment advisors with extensive product and industry knowledge, who have harnessed this to forge deep customer relationships, robust value systems of transparency, efficiency and a drive to innovate.

Angela M. Gachui is the AKN Investments Limited Board of Directors Chairperson and an Independent Non-Executive Director. Other members of the AKN Investments Limited Board include Wambui Mutungi and Alex Ngaine, who is also the firm's Chief Executive Officer.

The management team also includes Mathangani Kariuki-Director, Interest Rates; Niki Mehta – Strategy and Innovation Manager and Andrew Gachanja-Risk and Compliance Officer.

Source: Kanyan Wall Street