Kina Securities (KSL) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with confirmation of quorum and safety instructions for attendees.

• Directors and executive management were introduced, and the agenda was outlined.

• Managing Director & CEO Ivan Vidovich delivered the opening address, setting the tone for the meeting.

Financial performance review

• Net profit after tax increased by 14% year-on-year, with strong growth in both lending and non-lending businesses.

• Net interest income rose, supported by growth in foreign exchange and digital channels.

• Expenses increased by 7% due to inflation, but were managed effectively.

• Return on equity reached 16.6%, reflecting a resilient and diversified business model.

Board and executive committee updates

• Lutz Heim and Robert Nilkare joined the board, bringing expertise in governance and finance.

• Transition in executive leadership with Taiwo Fowowe appointed as incoming CEO and a new CFO announced.