I&M Makes Executive Changes
The Board of Directors of I&M Group has announced the appointment of Kihara Maina as Regional CEO effective January 2023.
His appointment to the Group role subject to regulatory approval will follow the end of his tenure as CEO of I&M Bank Kenya.
Maina Takes over from Chris Low whose two-year contract has lapsed.
“The transition offers continuity in the business as Maina takes over responsibilities previously handled by Low that were instrumental in setting up the foundation for the Group’s regional infrastructure that has been crucial in driving the Bank’s regional ambition,” I&M said in a statement
Before his promotion, Maina had served as the CEO of I&M Bank Kenya for six years.
The board also announced the appointment of Gul Khan as the new I&M Bank Kenya CEO subject to regulatory approval.
Khan has over 23 years of international financial services experience, mostly with HSBC Bank, having worked in Europe, North America, Asia, Middle East and Africa.
Since 2019, Khan is the Head of Products at Airtel Money Africa, where he has played a key role in driving financial inclusion across 14 African markets.
In his new role, Maina will ensure that the business model for the regional markets delivers towards enhancing performance as a key parameter in contributing to the overall Group performance.
“We believe that Kihara Maina and Gul Khan are the right leaders to drive the organisation’s growth strategy. Together, they have significant business experience and the drive to help us take I&M Group to the next level of growth and development in line with our iMara 2.0 strategy,” said Daniel Ndonye the Board Chairman, I&M Group.
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