Nahashon Mungai
Executive Director – Global Markets
Nahashon joined SIB in 2018 to run the first and only regulated Online FX Trading Money Manager in Kenya and the greater African region. He was key to attracting a team of skilled traders from the inter-bank trading industry, an unprecedented move in the finance industry as commercial banks have traditionally poached from the brokerage world and not the other way round.
Nahashon set up and quickly created a profitable Global Markets department at SIB. This involved documentation of procedures necessary for the optimal running of the Global Markets department, including risk controls. He has been heavily involved in the creation of partnership covering both internal and external stakeholders to grow Mansa X, a Global Multi Asset Strategy fund at the investment bank. A core part of the activity has been to ensure continuous compliance with the regulatory requirements as guided by the Capital Markets Authority. This means ensuring alignment of trading, marketing and reporting functions with set market rules.
Before he joined the SIB, Nahashon worked with Bank of Africa as the Head of Treasury, Equity Bank Limited as forex interbank dealer, I&M bank as Corporate dealer and Kenya Commercial Bank as a swap dealer. He holds a BSc. in Actuarial Science from Jomo Kenyatta University of Agriculture and Technology.
Nahashon is CISI (UK) certified. He is a member of the ACI, Financial Markets Association and has previously served as an elected committee member.