Kumaran Pather Archives – CEO East Africa

I&M Bank Uganda ends 3-year loss streak in solid form; announces UGX5.6 bn profit and key growth in deposits and assets

by The CEO Magazine TeamCEOs Company News The Big StoryApril 28, 2023April 28, 2023

The benefits of Orient Bank’s acquisition and subsequent rebranding to I&M Bank Uganda and thereafter integration into the larger I&M Group Plc are unfolding with the bank’s release of its first full year under the I&M brand.In results released today, the bank reported an 8.9% jump in customer deposits from…

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One-on-one with I&M Bank’s Kumaran Pather: “One year after rebranding things are looking brighter for everybody- and we are just getting started”

by Muhereza KyamuteteraFinance Q + As The Big StoryDecember 4, 2022December 4, 2022

It is now one year since the I&M Bank brand was ushered into the Ugandan Market. What has been the journey like so far?The last year has been about consolidation and positioning ourselves as “I&M Bank Uganda” in the market. Orient Bank was a solid brand in this market, having…

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I&M Bank marks first year of business in Uganda

by CEO ReporterNews & AnalysisNovember 10, 2022November 10, 2022

On Tuesday November 8 2022, I&M Bank Uganda Ltd marked one year of serving the Ugandan market. The bank started its operations in Uganda in 2021, after acquiring Orient Bank.I&M Bank Uganda has over the past one year focused on being client centric, supporting its clients to grow with it,…

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I&M Burbidge Capital, BDO Uganda share tips on raising capital

by CEO ReporterThe Big StorySeptember 29, 2022September 29, 2022

Financial advisory giants I&M Burbidge Capital in partnership with BDO East Africa held the BDO-I&M Burbidge Capital Symposium at UAP Business Park Nakawa on Tuesday, September 27, aiming to provide clients with innovative and practical solutions to their financial challenges.The symposium enriched the invited guests that comprised high-net-worth individuals and…

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I&M Bank Uganda Mentors Future Business Leaders Through Study Tour

by CEO ReporterNews & AnalysisSeptember 3, 2022September 3, 2022

I&M Bank Uganda has held a study tour for Mbarara University students as it ramps up the education and skills development component of its corporate social responsibility programme.In a bid to mentor and offer practical skills to tomorrow’s business leaders, the bank hosted final year students that major in marketing…

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Over 200 years of combined experience— who is who on I&M Bank Uganda’s board of directors?

by Muhereza KyamuteteraIndustry & Analysis Lists & Rankings The Big StoryMay 11, 2022May 11, 2022

On 8th November 2021, Orient Bank rebranded to I&M Bank Uganda following the completion of the acquisition of 90 per cent shareholding of the Orient Bank by I&M Group Plc.I&M Bank Uganda builds on a foundation and legacy of trust acquired over the last 28 years and most importantly now…

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7 Reasons why I&M Bank Uganda is the bank to watch this year and beyond

by The CEO Magazine TeamIndustry & Analysis The Big StoryMay 9, 2022May 9, 2022

Orient Bank’s 28-year legacy meets I&M Group’s 48-year regional experience and financial strengthI&M Bank Uganda builds on 28 years’ uninterrupted legacy of Orient Bank based on trust and personalized banking. This legacy fuses into I&M Group Plc’s 48-year legacy that has seen the group rise to over USD3.6 billion (UGX12.5…

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I&M Group PLC completes acquisition of Orient Bank, rebrands to I&M Bank (Uganda) Ltd

by Muhereza KyamuteteraFinance Industry & Analysis The Big StoryNovember 8, 2021June 19, 2024

I&M Group PLC officially launched its rebranded operations in Uganda today, following its acquisition of Uganda’s Orient Bank Ltd on 30th April 2021. The Ugandan bank will now operate as I&M Bank (Uganda) Limited and adopt the Group’s vibrant corporate logo and colours.The Nairobi-based financial Group announced that the rebrand…

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Rebranding and name change of Orient Bank to I&M Bank (Uganda) Limited gets closer as share acquisition transaction closes

by Muhereza KyamuteteraCEOs News & Analysis The Big StoryOctober 14, 2021October 14, 2021

After finalisation of the share acquisition transaction, I&M Group has announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited.I&M Group PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank Ltd (OBL) forms part of its broader regional expansion plan towards its ambition of…

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I&M Holdings taps Suleiman I. Kiggundu Jr; Bhartesh Shah and Allan Christopher Michael Low for board positions at Orient Bank, its latest acquisition in Uganda

by Muhereza KyamuteteraCompany News Finance Industry & Analysis News & Analysis The Big StoryJuly 28, 2021July 28, 2021

Orient Bank Limited, has announced the appointment of three members to its Board of Directors.The new members joining are Mr. Suleiman I. Kiggundu, Jr who now becomes an Independent Non-Executive Chairman; Mr. Bhartesh Shah and Mr. Allan Christopher Michael Low, both Non-Executive Directors.Kiggundu replaces Mr. Michael Cook who has served…

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