Kuala Lumpur, 9 June 2023: Kenanga Investment Bank Berhad (“Kenanga” or “The Group”) proudly commemorates its 50th anniversary, marking a significant milestone in its history today. Over the past five decades, Kenanga has been instrumental in empowering generations of Malaysians in the realm of investing, while fuelling possibilities for numerous corporations and start-ups alike. As a homegrown brand, the Group has defied all odds over the course of half a century.
With 50 years of experience, the Group has undergone remarkable growth and transformation since its humble beginnings as a modest stockbroking firm in 1973. Today, it stands tall as a leading and an award-winning independent investment bank in Malaysia, offering innovative and comprehensive financial services across the country.
Kenanga has achieved notable milestones over the years, including the launch of Rakuten Trade, Malaysia’s first digital equity broker, in partnership with Rakuten Securities, Inc. It also became the first organisation to be recognised as “Most Innovative Participating Organisation” by Bursa Malaysia for bringing transformative ideas to the marketplace.
In 2021, the Group demonstrated its commitment to responsible business practices by becoming the first Malaysian investment bank to join the United Nations Global Compact, the world’s largest corporate sustainability initiative. The following year, it introduced Kenanga Digital Investing, an artificial intelligence-driven robo-advisor, crossing RM100 million in Asset Under Management within two months of its launch. In the same year, Kenanga signed a Memorandum of Understanding with Ant Group to launch Malaysia’s first Wealth SuperApp, and was later included in the FTSE4Good Bursa Malaysia Index, signifying its adherence to global Environmental, Social and Governance standards.
“As we celebrate 50 years of Kenanga, I am filled with immense pride and gratitude. This milestone is a testament to the dedication, hard work and the unwavering support of our incredible clients, partners, employees and stakeholders. I am proud of our accomplishments, and I have great confidence in the organisation’s continued growth and success in the years ahead. In recognition of this momentous achievement, my heartfelt appreciation goes out to our clients, business partners, shareholders, employees and community of stakeholders who have been with us throughout this remarkable journey,” said YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Tengku Ismail, Founder Emeritus and Adviser of Kenanga Investment Bank Berhad.
For more information on Kenanga Group, please visit www.kenanga.com.my
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