Milestone as I&M Bank TZ celebrates golden anniversary

DAR ES SALAAM: AS I&M Bank Tanzania celebrates the 50th anniversary, the lender has highlighted a legacy of innovation sustainability, philanthropy, and growth.

The well-attended event held in Dar es Salaam recently was presided over by the Group Executive Director, I&M Group PLC, Mr. Sarit Raja-Shah.

The customers and other financial sector stakeholders witnessed the inauguration of its new headquarter on Haile Selassie Road, Masaki, Dar es Salaam, marking a significant milestone in the bank’s ongoing expansion and commitment to providing exceptional banking services.

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The new office, equipped with state-of-the-art facilities, is designed to offer a modern, customer-centric banking experience. This launch significantly enhances the bank’s capacity to serve its customers efficiently and effectively.

The celebration featured memorable speeches from key representatives, reflecting on the bank’s journey and its contributions to the Tanzanian economy.

The Bank also feted its customers in a recognition ceremony, acknowledging the loyal clients who have been integral to the bank’s success.

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The event was the culmination of the Bank’s anniversary celebrations that have been marked in Kenya, Rwanda and Uganda in honour of the remarkable journey from its inception to becoming one of East Africa’s leading financial services providers.

Over the past five decades, I&M Bank has consistently demonstrated a commitment to excellence, innovation and community development.

Mr Zahid Mustapha, CEO and Managing Director of I&M Bank TZ, expressed his gratitude to the bank’s customers, partners, and employees for their unwavering support and dedication.

“This celebration is a testament to the Bank’s growth over the last 50 years and a demonstration of I&M Bank Tanzania’s contribution to the economy and the people of Tanzania. The new office represents not just a physical expansion, but our ongoing commitment to innovation and excellence in service delivery. We are excited about the opportunities this new chapter brings and look forward to continuing our journey of growth and success with our valued stakeholders,” said Mr. Zahid.

Speaking at the colourful event, I&M Bank Tanzania Board Chairman said the lender is committed to delivering the highest standard of products and services to our customers while positively impacting the lives of the people in the communities we serve in this great country of Tanzania.

As the Board of Directors, we readily lend our guidance and oversight in line with the values of the organisation and continuously challenge the management teams to deliver the best value for our customers and stakeholders.

The strides we have made as I&M Bank Tanzania would not have been possible without the steadfast support in regulatory approvals and oversight by the Bank of Tanzania. To the Bank of Tanzania under the leadership of Mr Emmanuel Mpawe Tutuba, we thank you.”