James Wangunyu is a Kenyan businessman and financial markets expert who has significantly impacted Kenya’s financial sector. He is the founder of Standard Investment Bank (SIB), one of the country’s leading financial entities.
He has played a vital role in establishing it as a major player in investment banking, securities trading, and investment management. His focus on customer-centricity and integrity has enabled SIB to expand its services and gain a reputation as a trustworthy and reliable financial institution.
In this article, we will take a closer look at Wangunyu’s journey and his significant contributions to Kenya’s financial sector.
James Wangunyu’s Background and CareerÂ
James Wangunyu’s background in commercial banking laid the foundation for his future success in the financial sector. He founded Standard Stocks, a licensed stockbroker, in 1995 and quickly became a major player in Kenya’s money market.
Woman who left Sh. 40,000 government job for politics, now earns Sh. 500 from mjengo
He then transformed Standard Stocks into Standard Investment Bank in 2005, which expanded into transaction advisory services and secured an investment banking license.
Wangunyu also led the company to attain an additional license for the SIB Trust Funds in 2007, which has become a significant player in the Kenyan market.
Wangunyu’s leadership and vision enabled SIB to achieve significant milestones and expand its services, making it one of Kenya’s largest indigenous investment banks.
He resigned from his position as Chairman of the Nairobi Stock Exchange (NSE) in 2009 to focus on his investment banking business.
SIB’s Services and Client BaseÂ
SIB primarily focuses on investment banking, securities trading, and investment management, catering to a substantial and diversified client base that includes governments, fund managers, corporations, financial institutions, high-net-worth individuals, and retail investors.
The firm holds over Sh. 230 million in assets under management, making it one of the most reputable financial institutions in the country.
The company has a proven track record of executing large, complex transactions for local and foreign clients, providing personalized and comprehensive financial solutions.
As a member of the NSE and authorized Central Depository Agent of the CDSC, SIB is registered with FATCA, GIIN, and GLEIF.
This ensures that the company complies with all regulatory requirements, providing clients with a secure and reliable financial environment.
 SIB’s Achievements
In 2018, SIB achieved another milestone by becoming the first company in Kenya to receive an Online Forex Trading Money Manager License, enabling the firm to expand its services and cater to a broader range of clients.
This license enables SIB to provide customized and flexible forex trading services, making it a valuable addition to its existing range of services.
SIB’s recent achievements demonstrate its continued commitment to providing innovative financial solutions that meet the needs of its clients.
 The company’s focus on customer-centricity and integrity has enabled it to gain a reputation as a reliable and trustworthy financial institution.