Dyer & Blair Investment Bank is a Kenyan investment firm that engages in regional investment banking, securities, investment management, and other financial services with both Individual and institutional clients. It is regulated by the Capital Markets Authority.
History
Dyer & Blair Investment Bank was founded in Nairobi in 1954 as a partnership of Stockbrokers Hickman & Grey. In that year, it became one of the six founding members of the Nairobi Stock Exchange (NSE), established in the same year.[1]
In 1956, Messrs Derek Ingram Dyer & Patrick Murdoch Blair took over ownership from Hickman & Grey and changed the firm's name to Dyer & Blair to represent the new ownership.
The Kenya Commercial Bank (KCB) acquired full ownership of Dyer & Blair partnership in 1973 and incorporated the partnership it into a limited liability company operating as a wholly owned subsidiary of the bank. This was in the aim of offering brokerage services to their clients.
In 1983, KCB sold its entire shareholding in Dyer & Blair [2]