Oliver Fowler has been appointed as the new Board Chair of I&M bank Shares I&M Bank has announced the retirement of Mr. Suresh Bhagwanji Raja (SBR) Shah, its Founder and Chairman since 1974. Mr. Suresh has been subsequently succeeded by Mr. Oliver Fowler to serve as the new Chairman effective March 2021. A statement from the bank said Shah will continue to remain on the Board as a Non-Executive Director. With a carrer spanning 47 years as a banker, Mr. SBR Shah has led the Financial Services provider through its myriad of milestones such as acquisitions of Biashara Bank, Giro Bank, and Youjays Insurance in Kenya. He also oversaw the development of the Bank into a Financial Services Group that provides diverse solutions such as Real-estate, Financial Advisory and Bancassurance. During his tenure, I&M Bank moved from a tier 3 Bank to a tier 1 Bank.