The Secretariat

Mr. Willy Njoroge

Chief Executive Office

Willy Njoroge

Mr. Godwin Sitati

Administrative Assistant

Mr. Godwin Sitati

Ms. Idah Wambua

Personal Assistant

Idah Wambua




Market Growth

Investor Education

Code of Ethics

Investor Protection

Investor Education

  • Dematerialized Securities : 

    These are securities that have been prescribed by the central depository and the physical certificate is no longer recognized as all its transactions are computerized and entered into a ledger.

  • Book Profit : 

    This is when the value of a stock appreciates in price but it is unrealized profit since the investor has not sold any.

  • Back Office : 

    Refers to that segment of a stockbroker’s office that has little or no direct relationship with the public but which is generally responsible for nearly all processes involved in effecting a transaction.

  • Historical Volatility (HV) : 

    This is the degree of price fluctuation of a stock over a given period of time e.g. a day. It is directly related to the level of risk associated with a stock; low HV means low risk while high HV means high risk.

  • Nervous Market : 

    This is a stock market that is reacting sharply to economic or political events e.g. change of government.