• A vibrant, well-functioning, efficient and stable financial system is a catalyst for broad-based sustainable economic growth and development.
• Financial market development offers additional growth and funding opportunities for local firms. Nairobi Securities Exchange (NSE) Chairman Kiprono Kittony with Treasury CS Ukur Yatani during the handover of the NSE Chairmanship at the Exchange building on August 26, 2020. The Ag. Chief Executive, Capital Markets Authority, Mr. Wickliffe Shamiah,
The Chairman, Nairobi Securities Exchange (NSE), Mr. Kiprono Kittony,
The Former Chairman, NSE, Mr. Samuel Kimani,
The Chief Executive, NSE, Mr. Geoffrey Odundo,
Ladies and Gentlemen
Good Morning!!!
It is a great honour and pleasure to join you today at this historic event in witnessing the handover of the chairmanship of the Nairobi Securities Exchange (NSE).
At the onset, let me take this opportunity to congratulate you, the new Chair, Mr. Kiprono Kittony for the trust and confidence investors have shown in you by giving you leadership position to steer this important organization, NSE to great heights of success.
I have no doubt that NSE made the right choice and were truly guided by wisdom to settle on the new chair particularly under the current turbulent times. Indeed, his revival and sustained sterling performance at the previously moribund organisation, the National Chamber of Commerce and Industry is admirable.
I would also like to acknowledge with deep appreciation the achievements of the NSE under the leadership of the outgoing Chairman, Mr. Samuel Kimani who effectively positioned the organisation as a critical link to capital for corporations in Kenya and the region at large. Ladies and Gentlemen, As you may be aware, deep and liquid capital markets are not only essential ingredients but instrumental to supporting economic growth, creating domestic investment opportunities as well as attracting foreign and local capital.Subsequently, a vibrant, well-functioning, efficient and stable financial system is a catalyst for broad-based sustainable economic growth and development.Furthermore, financial market development offers additional growth and funding opportunities for local firms.It also offers opportunities for international and domestic investors to access the markets of fast-growing African countries like ours.Additionally, it mobilises savings and investors to support a country’s development aspirations.In pursuit of its noble vision, the Nairobi Securities Exchange has continued to play a catalytic role in supporting the government to raise capital to fund development programs and project in addition to recurrent expenditure.I hasten to add that, generally, NSE has greatly […]