Our History

The idea of “Kedari” emerged at a time when Nigeria’s capital market and indeed the global financial system were reeling from the effects of the 2008 financial crisis. In an atmosphere marked by uncertainty and widespread caution, a group of brave and ambitious professionals chose a different path. They stepped in boldly, determined to build an institution founded on resilience, innovation, and long-term value creation, a true reflection of the origins of its name, “Kedari—the Cedar Tree.”

Established

Kedari Capital Limited was registered with the Corporate Affairs Commission as an Investment Banking Firm.

Licensed

Kedari Capital was licensed by the Securities and Exchange Commission of Nigeria as an Issuing House, and Fund/Portfolio Manager

Acquisition

Acquired Consortium Securities Limited (renamed Kedari Securities Limited), to provide brokerage services in the primary and secondary markets.

Regional Expansion

Acquisition of a First Atlantic Bank Limited (FABL) (formerly a Merchant Bank) through a Special Purpose Vehicle, Kedari Nominees Limited. Through our management, the Bank transitioned to a full-scale universal bank in 2011, offering retail, corporate, and private banking services.

Market Expansion

Establishment of Kedari Ghana Limited, First Atlantic Asset Management Limited (FAAM), and First Atlantic Brokers Limited (FABR), expanding the Group’s footprint across markets and sectors.

Merger

Merger of Kedari Capital Limited and Kedari Securities Limited consolidating expertise and operational capacity. Became a member of the Nigerian Exchange

Recapitalization

Successfully facilitated recapitalization of First Atlantic Bank Limited to meet regulatory increase

Acquisition

Sole Financial Adviser to First Atlantic Bank in the acquisition of Energy Bank, Ghana

Strategy Refinement

Participated in the Stanford SEED Program (a 1-year business transformation program by Stanford Graduate Business School), underscoring our commitment to strong governance, leadership excellence, and sustainable growth.

Financial and Transaction Advisory in a Historic Listing/IPO

Facilitated the conversion of First Atlantic Bank into a public company/listing of the Bank on the Ghana Stock Exchange.

We have invested $2.4 billion in 150 transactions
across 11 countries”

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