Genghis Capital has been named the second best investment bank of the year slightly over a year after it was hived off troubled Chase Bank.
The investment bank scooped the award on the strength of its customer service, technological innovations and good corporate governance.
Genghis Capital received the award for Investment Bank of the year, emerging in the first runner up position, in a market of 14 players. The investment bank also took the first runner up award in the Research Team of the Year category during the awards ceremony held last week at the Radisson Blu Hotel.
The investment awards organised by business magazine Think Business recognize companies that have contributed to the growth of the sector. Judges in the award scheme also evaluate performance of companies as reflected in their audited financial statements.
“Genghis Capital has remained focused on delivering personalized services to our clients and providing a secure trade and investment platform. We have invested a lot of resources in understanding their needs particularly during this harsh economic year. We are grateful to our customers who have entrusted us with their investment and honored to be recognized,” said Geoffrey Gangla, CEO, Genghis Capital.
Genghis Capital was acquired by Overtime Capital Limited in August last year after Chase Bank was placed under receivership and immediately embarked on a turnaround strategy implanting initiatives to enhance its capacity, optimize operations and unlock competitive advantage across all its operations.
“The Genghis research team has been quite instrumental in advising investors on the opportunities in the market despite the uncertainty presented by the high political temperatures. As a result, Genghis is now a thought leader in the market. The team is greatly humbled to be recognized for their effort and contribution to investors,” Mr. Gangla added.