Dr. Ketan Morjaria

L-R: Suleiman I. Kiggundu, Jr; Allan Christopher Michael Low and Bhartesh Shah

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

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;
As of the end of December 2020, Orient Bank had UGX734.6 billion in assets, composed of among others, UGX262.2 billion in loans. The bank also had UGX606 billion in customer deposits, a customer base of 68,787, a staff complement of 340 employees and a network of 14 branches and 22 ATMs across the country.

I&M Holdings completes acquisition of Orient Bank, promises seamless regional access and superior services

I&M Holdings PLC has announced the majority acquisition of Orient Bank Limited (OBL) from 8 miles LLP and Morka Holdings Limited. OBL is the 12th largest commercial bank licensed and established in

 

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