Dyer & Blair Investment Bank is a Kenyan investment firm that engages in regional investment banking, securities, investment management, and other financial services with both Individual and institutional clients. It is regulated by the Capital Markets Authority.
| Company type | Private |
|---|---|
| Industry | Investment Financial services Brokerage |
| Founded | 1954 |
| Founder | Messrs Derek Ingram Dyer, Patrick Murdoch Blair |
| Headquarters | 7th Floor , Goodman Towers,Waiyaki Way Nairobi, Kenya |
Area served | East Africa |
Key people | Chairman - Jimnah Mbaru, CEO - Paul Orem |
| Products | Asset management, Brokerage service, investment banking, investment management, Unit trusts, Advisory and Research |
| Website | www |
History
editDyer & Blair Investment Bank was founded in Nairobi in 1954 as a partnership of Stockbrokers Hickman & Grey. In that year, it became one of the six founding members of the Nairobi Stock Exchange (NSE), established in the same year.[1]
In 1956, Messrs Derek Ingram Dyer & Patrick Murdoch Blair took over ownership from Hickman & Grey and changed the firm's name to Dyer & Blair to represent the new ownership.
The Kenya Commercial Bank (KCB) acquired full ownership of Dyer & Blair partnership in 1973 and incorporated the partnership it into a limited liability company operating as a wholly owned subsidiary of the bank. This was in the aim of offering brokerage services to their clients.
In 1983, KCB sold its entire shareholding in Dyer & Blair [2] to local investors including business man Jimnah Mbaru.
Dyer & Blair converted into a fully-fledged licensed investment bank in 2004.
Markets
editDyer & Blair Operates in East Africa Through its whole owned subsidiaries in Kenya, Uganda[3] and Rwanda.[4] The Investment bank is a member of the NSE, USE and the RSE.
Achievements
edit- Dyer & Blair won the tender to be the transaction adviser for the USD 840 Million Safaricom IPO. This was to the largest offering in the Eastern Africa region.
- The firm was selected as the Sole adviser for the acquisition of a 24.99% stake by Investment Partners, a private equity firm, in Equity Bank Group of Kenya for USD 179 Million. This was one of the largest mergers & acquisition transaction in the Eastern Africa region.
- Was the lead adviser for the Bralirwa IPO. This was the first IPO on the Rwanda Stock Exchange.
- Was the lead adviser for the NIC Insurance Uganda IPO. This was the first Insurance Company to list on the Uganda Stock Exchange.[5]
See also
edit
References
edit- ^ "HOME". www.dyerandblair.com. Retrieved 2017-08-17.
- ^ "KCB makes comeback to the capital markets". Business Daily. Retrieved 2017-08-17.
- ^ Muhwezi-Bonge, Godwin (2007-11-26). "Uganda: Dyer & Blair Opens Investment Shop". The Monitor (Kampala). Retrieved 2017-08-17.
- ^ "HOME". www.dyerandblair.com. Retrieved 2017-08-17.
- ^ "HOME". www.dyerandblair.com. Retrieved 2017-08-17.