Faida Investment Bank's Rina Hicks on Democratizing Investment as a Financial Inclusion Priority

Kenyan Wallstreet

In this episode, Ms Marita Obare interviews Rina Hicks as they discuss:

• democratizing investment as a financial inclusion priority
• the role of financial literacy in growing Africas capital markets
• what it takes to succeed as a woman in Investment Banking

Rina Hicks was named a 2022 Top Woman to Watch in Banking and Finance by the Angaza Awards.

Rina Hicks directs the Corporate Finance Advisory unit at Faida Investment Bank, and serves as the Operations Director responsible for firm-wide strategic planning and processes in Kenya and Rwanda. She has led the firm in carrying out several capital market transactions over the past five years, including cross listings, rights issues, fairness opinions, mergers and acquisitions, take over transactions and general capital raises in Kenya, Rwanda and Uganda.

She has led the firm's growth, garnering a seven-fold increase in revenues since 2017. Some notable transactions over the past two years under her steer include Nation Media Group's share buyback which was the first ever share buyback in East Africa; I&M Bank Rwanda's rights issue; and RH Bophelo's cross listing on the Rwanda Stock Exchange from the Johannesburg Stock Exchange. In 2019, Faida served as the Independent Financial Advisors on the NIC Group PLC and CBA Group Limited merger, the largest merger ever in the country's banking industry.

Podcast Host: Ms. Marita Obare, Co-founder Ngazi, an on-transit advertising platform for small businesses in Kenya

Guest: Rina Hicks, Operations Director, Faida Investment Bank Ltd

Production: Rawlins Hamisi