Enterprise

Meta ex-bankers help customers navigate financial waters

Mr Bernard Omenda, chief executive of Meta
Mr Bernard Omenda, chief executive of Meta Capital. Photo | Courtesy 

A trio of ex-investment and debt market bankers which ventured into advisory game with the launch of Meta Capital last year to help customers navigate the banking market is now seeing results.

The three managing principles Mr Bernard Omenda, former head of Treasury at Spire Bank, Jeremiah Kendagor who headed the KCB trading desk, and Silas Obegi who boasts a wealth of experience in online trading say customers now need a one stop shop to make sense of Kenya's fast expanding financial sector.

The group which is offering advisory services on competitive exchange rates, risk management while helping banks mobilise deposits says they have mobilised deposits worth Sh500 million for two banks in the first half of the year and arranged numerous foreign exchange purchases for clients.

"Through this facility we help the banks increase their foreign exchange volumes while helping our clients achieve the best possible exchange rates,” says Mr Bernard Omenda, the chief executive of Meta Capital from their Kimathi street office.