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Nikhi Hira named New I&M Bank Rwanda Chair

Nikhil Rustam Hira

Nikhil Rustam Hira has been appointed as the Board Chairman of I&M Bank Rwanda.

Hira was appointed on July 15 replacing Bonaventure Niyibizi who retired from service.

Hira was formerly on the board as an Independent Director and Chairperson of the Board Audit Committee as well as a member of both the Board Credit Committee and the Board Strategy Committee.

Benjamin Mutimura, CEO of I&M Bank Rwanda, welcomed Hira stating: “His visionary leadership and deep understanding of the industry will be invaluable as we continue to drive our strategic initiatives and enhance value for our stakeholders. We are confident that under his guidance, I&M Bank Rwanda will reach new heights of success.”

According to the Bank’s management, he brings rich expertise as the Bank navigates the evolving financial landscape by providing innovative banking solutions and enhanced customer experiences.

Hira said: “I am honoured to take on the role of Chairman at such a pivotal time for I&M Bank Rwanda. I look forward to working closely with the board, the management team, stakeholders, and our talented employees to continue delivering exceptional value to our customers and shareholders. Together, we will build on the bank’s strong foundation and drive future success.”

He holds a BSc Joint Honours in Accountancy and Process Engineering from the University of Salford, England and is a fellow of the Institute of Chartered Accountants of England and Wales, as well as of the Institute of Certified Public Accountants of Kenya, and registered with similar institutes in Uganda and Tanzania.

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