Given the challenges that most companies are currently facing, bringing on board skilled directors is significant. Perhaps it is at the back of this that I&M Holdings has appointed Allan Christopher Michael Low as new regional director. He will be replacing Vincent De Brouwer who resigned in August 2020 after holding the position since November 2019.
Climbing the ladder at a time when there is rising competition in the banking sector, Mr Low is expected to ensure that there is effective implementation of the group’s long-term vision and strategy while building, protecting and enhancing its brand value and visibility across the countries where it has a presence.
The banker brings more than 30 years of experience and valuable knowledge in terms of financial inclusion, digital transformation, emerging markets, risk management, and international banking. While I&M holdings has been expanding its network in the Eastern Africa region, the question on many peoples’ lips is; will be instrumental in the lender’s expansion journey?
Prior to being promoted to the current position, Mr Low was a senior advisor for the I&M Bank. He had also served at UK’s department of International Trade, Financial and Professional Services and FINCA International. Further, he is a former Group CEO and managing director of Letshego in Botswana, non-executive director at Diamond Bank Plc in Nigeria and chief executive officer at Standard Chartered Bank in different subsidiaries based in London, Africa and Asia.
As if that is not enough, he is a non-executive director at AjoCard in Nigeria, a senior advisor at ClickPesa in London as well as a financial institutions advisory panel member at CDC Group plc (London). He is also an investment specialist attached to Verdant Capital, and an advisory board member at Motive Labs, a division of the Motive Partners. He holds a Master’s degree in Zoology from Oxford University and is an associate of the Institute of Chartered Accountants in England and Wales.