Imperial Bank has appointed Mr Naeem Shah as interim managing director following the death Mr Abdulmalek Janmohamed.
Mr Shah had worked as head of credit and asset finance at the bank. Mr Abdulmalek Janmohamed who has been serving in the position since 1992 is said to have died on Tuesday.
Imperial bank board chairman Alnashir Popat described the Imperial boss as an able leader.
“It is with profound sadness that we announce the sudden and untimely demise of Mr Abdulmalek Janmohamed, our Group Managing Director.
Mr Janmohamed led an able and competent senior management team that will continue to provide the level of customer service that you are accustomed to,” Mr Popat said in a statement to customers.
Imperial Bank Limited offers banking and financial services in Kenya and Uganda. Founded in 1992 as a Finance and Securities Company, Imperial Bank converted into a fully-fledged commercial bank in January 1996 has since opened 17 branches.