Board of Directors

DAVID PROCTOR

Independent Director & Chairman

 Mr. David Proctor has been a director of the Bank since 28 July 2014 and was appointed Chairman with effect from 1 January 2015. He also serves as Chairman of the Corporate Governance and Conduct Review Committee and is a member of the Audit; Risk Management; and Administration and Staff Compensation Committees.

Mr. Proctor is a graduate of Cambridge University, England and previously held senior executive positions at Bank of America NT&SA, Standard Chartered Bank plc and Al Khalij Commercial Bank Q.S.C. He is currently an independent consultant and Chairman of BAS Consulting Pte Ltd advising clients on strategy, governance, corporate finance and capital introduction.

RAVNEET CHOWDHURY

Executive Director & Chief Executive Officer

 Mr. Ravneet Chowdhury joined the Bank on 14 October 2013 as CEO Designate and took over the function of Chief Executive Officer from the 01st January 2014. He also serves as a Director and is a member of the Board Risk Management Committee.

Mr Chowdhury has had a brilliant career in the banking industry, occupying various senior positions in Standard Chartered Bank prior to his appointment as CEO of Standard Chartered Bank, Oman. During his career, Mr Chowdhury has had extensive African experience, having worked in Southern and East Africa for a number of years. He has also worked previously for ABN AMRO and American Express Bank.

Mr Chowdhury is FCA qualified and holds a Bachelor of Commerce from the University of Delhi and an MBA from Henley Management College.

SARIT SURESH RAJA SHAH

Non-Executive Director

 Mr Sarit Raja-Shah is a director of the Bank since 22 February 2008. He also chairs the Nomination & Remuneration Committee of the Bank.

Mr Raja-Shah is the Executive Director of I&M Bank Limited and sits on the Board of other companies of I&M Group, including I&M Holdings Limited, the Group’s holding entity.

Mr Raja-Shah holds a Master’s Degree in Internal Audit & Management from the City University of London. He started his career with Biashara Bank of Kenya and joined I&M Bank Limited in 1993.

JEAN-PIERRE DALAIS

Non-Executive Director 

 Mr Jean-Pierre Dalais serves on the Board of the Bank since 22 February 2008. He is also a member of the Board Administrative & Staff Compensation Committee and of the Nomination & Remuneration Committee.

Mr Dalais is the Executive Director of CIEL Ltd, the holding company of CIEL Group, and also sits on the Board of other companies of the Group, including CIEL Finance Limited.

Mr Dalais holds an MBA from the International University of America. He started his career with Arthur Andersen, and joined the CIEL Group in 1990. He was the chief executive officer of the former CIEL Investment Limited for 15 years, until his appointment as Executive Director of CIEL Ltd in January 2014.

L.A. SIVARAMAKRISHNAN

Non-Executive Director 

 Mr. L.A Sivaramakrishnan joined the board as a non-executive director with effect from 7th March 2016. He also serves as the Chairman of the Board Credit Committee, besides being a member of the Risk Management and Administration and Staff Compensation Committees.

Mr. Sivaramakrishnan is a post graduate in Agricultural Sciences from India and a certified Associate of the Indian Institute of Bankers. He has held senior positions in Bank of Baroda in India and Kenya earlier and is currently working as the Divisional Head – Business Development in I & M Bank Ltd, Kenya.

MARC-EMMANUEL VIVES

Non-Executive Director

 Mr. Marc-Emmanuel Vives is currently CEO of CIEL Finance. He has more than 25 years of banking experience at Société Générale. After initial steps within the General Inspection of the Group, he spent the next 18 years of his career in various assignments in emerging countries, first in Argentina as Commercial director, then Chairman & CEO of Société Générale Argentina, later in Russia, as CEO of Bank Société Générale Vostok, before becoming First Deputy Chairman of Rosbank, finally in India as Country Manager. Mr. Vives holds a Master’s degree in Business Administration from HEC Business School France, as well as a degree in History from Sorbonne University in Paris.

PRATUL H. D SHAH

Independent Director

 Mr. Pratul Shah is a director of the Bank since 22 February 2008. He also serves as the Chairman of the Audit Committee, and is a member of the Board Conduct Review & Corporate Governance; and Board Nomination & Remuneration Committees.

Mr Shah is a Fellow of the Association of Chartered Certified Accountants. He is also a member of the Institute of Certified Public Accountants and Institute of Certified Public Secretaries of Kenya.

Mr Shah trained with PriceWaterhouseCoopers – Kenya and qualified in 1976, and was admitted to partnership in 1984. He is currently an independent consultant advising clients on strategy, corporate restructuring, change management, corporate finance and tax planning.

He also holds directorships in diverse companies in East Africa in the financial, manufacturing and services sectors.

SANDRA MARTYRES

Independent Director

 Ms. Sandra Martyres was appointed Director of the Bank from the 02 September 2013. She has also been appointed to chair the Board Risk Management Committee from the 12 February 2014, and as member of the Board Credit Committee from the 27 January 2014.

Ms. Martyres has over 25 years’ experience in Banking at Senior Management level, overseeing all areas from the Front office (corporate banking, trade finance, dealing room) to support functions (Finance, HR, Admin, IT, Operations) in an International Bank. She is currently an Advisor to Société Générale and is a Trustee Director of the State Bank of India Mutual Fund.

Ms Martyres holds an MA, Economics from the University of Mumbai.

JOZEF TOURNEL

Independent Director

 Mr. Jozef Tournel was appointed as an Independent Director on the 09 June 2016.  He is a Business Consultant, specialized in Organisational Design, Business strategy development and implementation of Human Capital development projects. Mr. Tournel is the practice lead of Financial Services for Africa at EMA Partners International, a Global Executive Search & Organisational Design Company.  His know-how in financial services is especially focused on Private Banking and Wealth Management, Private Equity and Investment Management.

He worked as Managing Director for UBS Wealth Management and TPG Capital in Switzerland.  Apart from Financial Services, his scope is also on industries he has been active in; like Oil-Gas-Chemicals-Energy, Pharma, Automotive & FMCG, where he was a Sr. Executive at companies like Fiat Industrial, Merck Kg Pharma, DuPont de Nemours & Sara Lee Corporation.

As a Belgian national, Mr. Tournel holds a Bachelor in Strategic HR Management from the Brussels University and a Financial Management post-university degree at the Antwerp University.  He is a Fellow of the Mauritius Institute of Directors and is also a holder of an ISO 9001 lead audit certificate.