Q&A with Dr. Ketan Morjaria On Partnering With the I&M Group Plc to Continue His Dream of Providing Affordable Banking Services to Ugandan Businesses In April 2021 shareholders of Uganda's Orient Bank⏤ then a 28-year-old family-founded bank, agreed to a strategic majority acquisition and merger with the Kenya-headquartered as well as family-founded I&M Group Plc. The merger further solidified the publicly listed Group's position as one of East Africa's leading banking and insurance Groups in Eastern Africa with a presence in Kenya, Mauritius, Rwanda, Tanzania and Uganda. But more importantly, for Dr. Ketan Morjaria, the Orient Bank founder, this strategic marriage was a continuation of the dream that he had in 1993 when he founded Orient Bank⏤ of providing professional banking services to the Ugandan market and eventually East Africa. For the I&M Group Plc, the deal provided an avenue to bring alive, its purpose as Eastern Africa's leading financial partner for growth.

Muhereza KyamuteteraJune 24, 2024June 24, 2024

As the I&M Group celebrates 50 years of building this strong foundation and looks forward to the future with optimism, Dr. Ketan Morjaria, who is also a shareholder and Director at I&M Bank Uganda recounts the bank’s past and shares key insights on how the bank is investing and evolving into a reputable and vibrant player in Uganda’s financial services industry. What inspired you to start Orient Bank⏤ there were many other ways you could have invested. What was your vision at the time? What did you want to achieve? In the 1990’s I was involved in the trading business…

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