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SIB gets Retirement Benefits Authority's nod to manage pensions

SIB Managing Director James Wangunyu receives a license from the Retirement Benefits Authority CEO Charles Machira. [James Wanzala, Standard]

Standard Investment Bank (SIB) has received a license from the Retirement Benefits Authority (RBA) to manage retirement benefits schemes.

SIB, which does asset management, securities trading, market research, investment management and corporate finance, termed the new development a significant milestone as it moves to diversify its service offerings and strengthen its position as the preferred wealth management provider in Kenya.

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