Kihara Maina, will be taking over from the outgoing I&M Bank Kenya Chief Executive Officer (CEO) Arun Mathur who is proceeding on retire as the CEO but assuming an advisory role within the I&M Bank Group.
Maina is an Executive Master of Business Administration Degree Holder from University of Chicago – Booth School of Business, and also a BSc Mathematics Degree Holder from Moi University.
His appointment was announced today by Sarit Raja-Shah, who noted that the CEO will take over the role with immediate effect. According to Sarit, the bank is geared to strengthening and deepening human resource capacity.
“At I&M Bank, we are excited to welcome Maina on board, as we further seek to deepen our human resource capacity.”“
“This is also an exciting phase of growth for I&M Bank Kenya, as it continues to pursue an aggressive growth agenda spearheaded by a dynamic team of professional managers and robust staffers,”added Raja-Shah.Maina who was delighted following the appointment could not hide his joy as he welcomed the appointment.
“I am delighted to join I&M Group and be part of the next phase of their exciting growth story. I recognize the excellent work that the dedicated team at I&M have done to build such a strong and well perceived brand that continues to attract customers and clients. It is my expectation that we will continue to see even greater growth in the years ahead,” Maina said.
On the other hand, Shah acknowledged the retiring CEO Mathur for his outstanding and long service to the Group. Mathur was however retained within the management of I&M Bank as he assumed advisory role within the I&M Bank Group