FourFront Management CEO Donald Wangunyu appointed Non-Executive Director at the Nairobi Securities Exchange (NSE)
9th June 2021 Nairobi, Kenya. Standard Investment Bank (SIB) congratulates Mr. Donald Wangunyu, CEO of FourFront Management and SIB Board Member on his appointment as a Non-Executive Director representing Trading Participants at the Nairobi Securities Exchange (NSE).
Donald follows on the trail of Mr. James Wangunyu, SIB Founder and Managing Director as well as Mr. Job Kihumba, Executive Director for Corporate Finance at SIB, both of whom previously held key positions at the NSE. James Wangunyu served as Director and Chairman of the NSE between 2008-2009, while Job Kihumba served as Director and the first Chief Executive Officer of the NSE 1991-1999.
Donald joined the SIB team in 2008 to head the Operations Division with an emphasis on risk management, compliance, and operational excellence. Five years later, his role was expanded to include business development with a specific focus on the brokerage side of the business.
In response to the needs of SIB customers, Donald was charged with the responsibility of setting up FourFront Management, a division of Standard Investment Bank in 2019. As Chief Executive Officer, he leads a team that is building solutions to increase the ease and efficiency through which the general public understands, accesses and consumes investment banking services.
In 2020, under Donald’s stewardship, FourFront Management gained admission to the Capital Markets Authority (CMA) Regulatory Sandbox to test a robo-advisory solution targeting 100 investors during a four-month period.
We wish Donald the very best in his new role and commend the NSE for this well deserving appointment.
Notes to the Editor:
Standard Investment Bank (SIB) is a leading financial services firm in Kenya founded in the year 1995 with over Kshs. 850 Million worth of shareholders’ funds. The firm offers the market a single point of entry for Asset Management, Securities Trading, Market Research, Investment Management and Corporate Finance.
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In addition, he is an Advisory Board member of the East Africa Forum for Alternative Investments Donald also serves on the board of the Kenya Association Stockbrokers and Investment Banks KASIB , where he chairs the committee overseeing the growth of long-term funding for KASIB. Previously, he has served as Chairman of the industry committee that oversaw the removal of capital gains tax from listed market securities, and as Chair of the Broker Back Office System BBO Functionality Management Committee, the system used by all stock-brokers and investment bank in Kenya. Stephen Chege, Non-Executive Director representing Listed Companies Mr.