Board of Directors
Board of Directors
Dr. Rasik C. Kantaria
Chairman
Chairman
Dr. Rasik Kantaria is the founder and Chairman of Prime Bank Limited. He holds a Bsc (Economics) degree from London.
Dr. Kantaria is also the founder and Chairman of Prime Capital & Credit Limited Finance Company. He is a co-founder and former Chairman of First Capital Bank previously known as First Merchant Bank Limited Malawi and Tausi Assurance Company Limited.
Dr. Kantaria served as a director at the Deposit Protection Fund Board appointed by the Central Bank of Kenya. He is chairman and director of many other companies in the tourism, real estate, and manufacturing industries.
He is a long standing Rotarian and for his outstanding contribution towards humanity, he was conferred an Honorary Doctor of Humanities Degree by The United Graduate College & Seminary, USA.
Mr. Shantilal K. Shah
Vice Chairman
Vice Chairman
A Bachelor of Commerce (Honours) graduate and a practicing Accountant, Mr. Shantilal Shah is a FCA (Chartered Accountant, UK), a FCPA (Certified Public Accountant, Kenya) and a CPS (Certified Public Secretary, Kenya).
Mr. Shah is also a director at Tausi Assurance Company Limited.
Mr. Amar Kantaria
Executive Director
Executive Director
Mr. Amar Kantaria is a Bachelor of Arts (Honours) graduate and holds an MBA in International Management.
Mr. Amar Kantaria was appointed as the Executive Director of Prime Bank Limited in 2008 after serving as Deputy Chief Executive for five years.
Mr. Amar Kantaria is also a Director at Tausi Assurance Company Limited since July 2010.
Mr. Rajeev Pant
Chief Executive Officer
Chief Executive Officer
Mr. Rajeev Pant was appointed Chief Executive Officer in March 2023.
With over 33 years of work experience, Mr. Pant has a wealth of expertise in Corporate Finance, International Banking, Financial Advisory Services, Business Development and Management cutting across the international banking arena.
He has previously worked for Mashreq Bank, First Abu Dhabi Bank, Credit Agricole, National Australia Bank, Development Bank of Singapore, among others.
Mr. Pant is an Associate Member of the Institute of Chartered Accountants of India and holds a Bachelor’s Degree in Commerce.
Mr. Terry Davidson
Director
Director
Terry Davidson is a veteran banker having spent 3 decades with Citibank in various geographies and capacities including Region Head for East and Southern Africa.
He was also Chief Executive Officer of Kenya Commercial Bank for 5 years.
For the past few years, Mr. Davidson has worked as an independent consultant and currently serves as Chairman of FMBcapital Holdings plc, the Mauritius-based holding company of the FMBcapital Group (FMBCH) and Chairman of First Capital Bank Ltd, Malawi, the Malawian subsidiary of the group. In addition, he is also Chairman of the Maa Trust, a Trustee of Gertrude’s Children’s hospital and an independent director of tourism company Nawiri Ltd.
He was previously a founder member of the Kenya Capital Markets Authority, a member of the Capital Markets Tribunal, the Kenya Deposit Protection Fund, Chairman of the Kenya Bankers Association and past council member of the University of Nairobi.
Mr. David G.M. Hutchison
Director
Director
Mr. Jinaro K. Kibet
Director
Director
Mr. Farid Mohamed
Director
Director
Mr. Mohamed was appointed to the Board in 2016.
A financial advisor to the private sector, Mr. Mohamed has over 25 years experience in
structuring and arranging finance for projects ranging from large infrastructure in Europe,
South East Asia and Latin America, to projects in East and Southern Africa, covering finance,
industrial, energy (generation and transmission), and transportation (ports and roads) sectors.
He has regularly acted as an advisor to development finance institutions including the World
Bank, IFC, DEG and KfW and currently advises public and private companies in Eastern Africa
on the development of corporate strategy and arrangement of project and structured financing
for new projects and for privatization of infrastructure.
Mr. Mohamed holds a Master of Science (MSc.) and Masters of Business Administration (MBA).
Mr. Paul Botha
Director
Director
Paul Botha is a founder and the Chief Executive Officer of Metier. He is an Attorney and Notary Public, having been in private practice since 1986. In 1998 he established an advisory division for Brait and was its CEO until 2003.
Previously he was a senior commercial law partner in the Johannesburg practice of Bell, Dewar & Hall, where he specialised in mergers and acquisitions and cross-border work across a number of industries. Mr. Botha has an outstanding record in executing more than 250 corporate transactions, of which the majority have involved private equity transactions and the entrepreneurial multi-disciplinary assignments which Metier targets.
He is a committed and effective deal-maker and board member with a reputation for getting things done to the highest standards of professionalism. He represents Metier in several portfolio companies.
Mr. Skander Khalil Oueslati
Director
Director
Mr. Skander K. Oueslati joined Prime Bank Board on 8th February 2019. He holds a Master’s degree from Massachusetts Institute of Technology, USA, and Engineering degrees from France’s Ecole Polytechnique and Ecole Nationale des Ponts et Chaussées.
Prior to joining AfricInvest Group as a Senior Partner to oversee investments in Africa, he worked for BMCE Bank International in London and the International Finance Corporation in Washington DC, USA. Mr. Oueslati has extensive investment management experience as well as board experience, the latest being his nomination to the board of Tausi Assurance Co. Ltd.
Ms. Ruth Kinyanjui
Director
Director
Ruth is an organisational transformation and technology consultant in financial services sector.
She holds over fifteen years working with global consultancy firms, among them PwC, KPMG
and PKF.
She enjoys working on organisational functions to meet world-class criteria by helping
leadership drive service offering, strategy, people, processes, technology and business
intelligence to achieve next-level organizational success.
Ruth has also been involved in economic analysis of East Africa economies through major TV
and Radio stations in Kenya.
She holds an MBA – Strategic Management, B.Com – Finance, CPA (K) and member of ICPAK.
