The president William Ruto today in the morning held a meeting with the JP Morgan CEO Jamie Dimon. According to the post, the president William Ruto revealed that JP Morgan CEO will be investing in the country.
“JP Morgan, the world’s biggest bank by balance sheet, has received the approval of the Central Bank of Kenya to open a representative office in Nairobi. The office will serve as a liaison and marketing hub for JP Morgan and its subsidiaries.
Though it will not engage in banking activities, it will explore business and investment opportunities in Kenya and the entire East African region.
Kenya has tremendous appeal as a diversified and dynamic economy and has the potential of being JP Morgan’s financial centre in Eastern Africa.
Met JP Morgan CEO Jamie Dimon, State House Nairobi, who had visited Kenya as part of an African tour”, president William Ruto posted on his Facebook.