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Shareholders
The shareholder/investor profile of Bank M is as follows:
[TABLE="class: table"]
[TR]
[TH]Names of shareholders[/TH]
[TH]No. of shares held[/TH]
[TH]Amount in TZS[/TH]
[TH]Stock options for number
of Equity Shares held[/TH]
[/TR]
[TR]
[TD]Sanjeev Kumar[/TD]
[TD="align: right"]650,000[/TD]
[TD="align: right"]650,000,000.00[/TD]
[TD="align: right"]408,500[/TD]
[/TR]
[TR]
[TD]Bhaskar Nair[/TD]
[TD="align: right"]650,000 [/TD]
[TD="align: right"]650,000,000.00[/TD]
[TD="align: right"]408,500[/TD]
[/TR]
[TR]
[TD]Sean Patrick Breslin[/TD]
[TD="align: right"]1,580,431[/TD]
[TD="align: right"]1,580,431,000.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]PRIDE Tanzania Limited[/TD]
[TD="align: right"]515,000[/TD]
[TD="align: right"]515,000,000.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]Africarriers Limited[/TD]
[TD="align: right"]473,632[/TD]
[TD="align: right"]473,632,600.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]Equity & Allied Limited[/TD]
[TD="align: right"]1,980,900[/TD]
[TD="align: right"]1,980,900,800.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]Negus Holdings Limited[/TD]
[TD="align: right"]2,117,000[/TD]
[TD="align: right"]2,117,000,000.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]Noble Azania Investments Limited[/TD]
[TD="align: right"]1,300,000[/TD]
[TD="align: right"]1,300,000,000.00[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]
TOTAL[/TD]
[TD="align: right"]
9,266,874[/TD]
[TD="align: right"]
9,266,874,400.00[/TD]
[TD="align: right"]
817,000[/TD]
[/TR]
[/TABLE]
Board of Directors
Hon'ble Nimrod Mkono, the managing partner of Mkono & Co., is the Chairman of the Board of Directors of the Bank. The Corporate Shareholders of the bank are represented by the respective Chairmen of their group holding companies. The Board has representation from prominent Tanzanians as well as non-executive independent outside directors. The following are the members of the board of Directors of the bank.
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[TR]
[TD]
Hon. Nimrod Mkono M.P.[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Hon. Nimrod Mkono M.P. is the Chairman of the Board of Directors of the bank. One of the leading lawyers in the Eastern African region, Hon. Mkono is the founding partner of Mkono & Co., the largest law firm in the country. Hon. Mkono is also a member of Tanzania's parliament.
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[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
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[TR]
[TD]
Hon. Iddi Simba[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Hon. Iddi Simba is the Chairman of PRIDE, the largest Micro Finance Company in Eastern Africa. A well known public figure serving on the boards of several large corporations within the region, Hon. Simba has also served as the Minister for Industries of the United Republic of Tanzania.
[/TD]
[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
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[TR]
[TD]
Fida Hussein Rashid[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Fida Hussein Rashid is the Chairman of the Africarriers Group, which is the largest importer of automobiles in the Eastern African region. The group also has a very big presence in the real estate business and owns one of the largest collections of luxury villas and apartments in the region.
[/TD]
[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
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[TR]
[TD]
Vimal Mehta[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Vimal Mehta is the Chairman of the Negus Group of companies. The group has controlling interest in Serengeti Breweries Limited, the second largest brewing company in Tanzania.
[/TD]
[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Sean Patrick Breslin[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Sean Patrick Breslin is the founder director of Gissings Limited, a pension advisory firm based in the City of London and regulated by the Financial Services Authority (FSA) of UK.
[/TD]
[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
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[TR]
[TD]
Ramesh Patel[/TD]
[TD]
[/TD]
[/TR]
[/TABLE]
[TABLE="class: txtBlue"]
[TR]
[TD]
Ramesh Patel is a leading business personality in Tanzania and is the Chairman of the Automech Group of companies having interests in construction, fabrication and related industries.
[/TD]
[TD][/TD]
[TD]
[/TD]
[/TR]
[/TABLE]