Im Group, Founded By Suresh Bhagwanji Shah, Expands Reach With New Mount Kenya Branch

I M Group opens Kirinyaga branch as part of nationwide expansion, targeting underserved regions with its solar-powered container branch model.

CEO Gul Khan says doubling the customer base in two years reflects rising trust and the banks commitment to inclusive, accessible financial services.

Founder Suresh Bhagwanji Shah backs regional growth, including I Ms 18.55 million acquisition of a flagship headquarters in Tanzanias business hub.

I M Group , the financial services conglomerate founded by Kenyan businessman Suresh Bhagwanji Shah , has extended its reach with the opening of a new branch in Kirinyaga County, one of Kenyas agriculturally rich regions nestled in the foothills of Mount Kenya.

This move into Kirinyaga is part of our wider effort to build a bank thats accessible, inclusive, and responsive to the needs of everyday Kenyans, said Gul Khan, CEO of I M Bank. Were proud of the trust we've built, doubling our customer base in just two years is no small feat, and we remain focused on providing relevant financial solutions in a rapidly changing market.

Founded in 1974, I M Group has grown into one of East Africas major banking players, operating in Kenya, Tanzania, and Rwanda, and maintaining a joint venture in Mauritius. The group continues to invest in key cities across the region, leaning on innovation and accessibility as it deepens its role in Kenyas financial sector.

The new branch follows I Ms container branch modelsolar-powered, environmentally friendly, and designed to reach areas that are often underserved. Its part of the banks iMara 3.0 strategy, which focuses on better service for small businesses and everyday customers. By the end of 2026, I M plans to grow its network to 100 branches across Kenya.

Suresh Bhagwanji Shah, who helped shape I M into one of the countrys top-performing banks, owns nearly 11 percent of the group, equivalent to 178.5 million shares. He also holds a majority stake in MTZ Holdings, the investment firm that supports I Ms growth across the region.