Capital A Investment Bank, which was formerly Stockbroker Securities Africa, has raided KCB Group to pick its Head of Investment Banking Linus Muthari Kang’ara as its new chief executive officer.
Mr Kang’ara had been with the lender's subsidiary, KCB Investment Bank, since 2016 having joined as a fixed income dealer before rising to the position of head of brokerage and ultimately the head of investment banking. He took up the new role effective November 1, 2025.
He has over 15 years of experience in financial markets, having previously worked with other firms in the industry, including Old Mutual Securities and Faida Investment Bank.
Mr Kang’ara, who holds an MBA in Finance, joins the new investment bank as it is marking an expansion in its topline, driven by its position as a leader in fixed income securities trading, with a market share at 18.06 percent at present.
Capital A Investment Bank is seeking to diversify its business by entering the fund management, corporate finance and advisory sectors.
“My focus will be to harness the talent and capacities of the incredible team to build new partnerships that will place the firm at the centre of broadening economic development, savings mobilisation, and cultivating a culture of trust, transparency, and performance in order to deliver investment solutions that satisfy the ever-growing demand from the public,” Mr Kang’ara said.
Stockbroker Securities Africa became Capital A Investment Bank in October last year in a move to diversify its trade beyond stock broking and receiving key approvals from the Capital Markets Authority (CMA).
The switch allowed the firm to explore advisory services, including the offer of securities to the public, corporate finance restructuring, takeovers, mergers and privatisation.
The former brokerage can also act as a dealer or fund manager of collective investment schemes or provide contractual portfolio management services.
The firm has also sought to tap diaspora clients seeking to invest in Kenya’s capital markets.
Capital A Investment Bank is an authorised trading participant at the Nairobi Securities Exchange (NSE) and a member of the Kenya Association of Stockbrokers and Investment Banks (Kasib).
CMA deemed the transition of the former brokerage as a mirror on the growth and maturity of domestic capital markets.
Capital A Investment Bank is part of 17 licensed investment banks, alongside Dyer and Blair, Faida, Genghis Capital, Renaissance Capital, SBG Securities and Pergamon Financial Services.
The firm ended December 2024 with a revenue of Sh145.6 million, comprising brokerage commissions and interest income.
The company realised a net profit of Sh61.5 million, which rose from Sh8.3 million in 2023, while its asset base rose from Sh75.2 million to Sh534.8 million.
