SBM Bank Kenya recently welcomed Bhartesh Shah as its new Chief Executive Officer (CEO), succeeding Moezz Mir. Shah brings over two decades of extensive experience in the financial services industry,
showcasing expertise in various banking domains across East Africa, Singapore, and the United Kingdom.
Notable milestones and achievements mark Shah’s professional journey. He holds an MBA from the University of Warwick’s Warwick Business School and a Bachelor of Science in Banking and Finance from Loughborough University, UK. Shah is well-equipped to lead SBM Bank Kenya’s special projects and digital transformation endeavours with a background deeply rooted in banking operations, performance management, risk mitigation, and strategic decision-making.
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Shah’s Journey Before His Role At SBM Bank
Before assuming his role at SBM Bank Kenya, Shah served as the Group Chief Operations Officer (COO) at I&M Group. His previous executive roles at prominent institutions such as Equity Group Holdings, Standard Chartered Bank, Citibank, and Midland Bank (HSBC) underscore his extensive industry knowledge and leadership capabilities. Throughout his career, Shah has been instrumental in driving transformative initiatives, fostering innovation, and cultivating strategic partnerships within the financial sector.
Moezz Mir’s departure from SBM Bank Kenya marks the end of a successful tenure characterised by significant achievements under his leadership. Mir, who joined the organisation in October 2018, was pivotal in steering the bank towards its current success trajectory. The board of directors has expressed gratitude for Mir’s dedicated service and contributions as CEO.
Shah’s appointment comes at a crucial juncture as SBM Bank Kenya navigates evolving market dynamics and embraces digitalisation to meet customer expectations effectively. His strategic understanding and wealth of experience position him well to lead the bank through these transformations while maintaining a customer-centric approach and fostering sustainable growth.
Under Shah’s leadership, SBM Bank Kenya aims to consolidate its market position, enhance operational efficiencies, and leverage emerging technologies to deliver innovative financial solutions. With a clear focus on customer satisfaction, risk management, and business sustainability, Shah’s tenure as CEO is poised to usher in a new chapter of growth and success for SBM Bank Kenya.
By blending his expertise in traditional banking practices with a forward-looking approach to digital innovation, Shah is set to reinforce SBM Bank Kenya’s position as a leading player in Kenya’s banking landscape. His leadership style, characterised by transparency, collaboration, and strategic foresight, aligns with the bank’s core values and vision for the future. Shah aims to drive SBM Bank Kenya towards tremendous success and relevance in the financial services industry through strategic partnerships, talent development initiatives, and customer-centric strategies.
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About SBM Bank
SBM Bank India is a Mauritius State Bank affiliate. It was the first bank to get an RBI banking licence to create a wholly owned universal banking subsidiary in India.
A Mumbai-based private sector bank, it was founded on December 1, 2018. It runs in New Delhi, Bengaluru, Chennai, Hyderabad, Ahmedabad, Ramachandrapuram, and Palghar, rural areas.