Suresh Bhagwanji Shah

Shah is credited with transforming I&M into one of East Africa’s leading banking groups.

Shah is a top figure in Kenya’s banking industry. He is renowned for founding I&M Group.

Shah owns a beneficial 10.98-percent stake in I&M Bank Group, translating to 178,514,362 ordinary shares.

This $1.13-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.

The $1.45-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.

Shah holds a beneficial stake of 10.98 percent, consolidating his position as a major stakeholder in the company.

I&M Bank Group is a prominent financial services conglomerate founded by Shah.

Since its founding in 1974, I&M has grown into one of the leading financial services groups in East Africa.

Shah is the founder of I&M Holdings.

The transaction’s value was not disclosed.