Executive Management

East Africa Bank put in place a management team that has extensive banking and management experience, including the setting up of new banks and businesses. The selected team includes senior bank executives with strong background in Islamic banking, business management, investment management, and project finance. Collectively the senior management team has excellent banking business qualifications and a track record of achievements in managing companies.

IBRAHIM RASHID JAFFAR – Chief Executive Officer

Ibrahim Rashid Jaffar is a banker with extensive experience in financial services, corporate governance, commercial, retail and SME banking, much of it gained in East Africa. Mr. Jaffar held senior management positions at some of East Africa’s largest banks including Chase Bank and First Community Bank. Prior to joining East Africa Bank as Chief Executive Officer, Jaffar led the SME Islamic Banking Group at Chase Bank, Kenya. While at Chase Bank, he was responsible for crafting the Islamic Banking SME strategy and oversaw the implementation of best practices and corporate governance standards. Jaffar previously served as Senior Strategic Account Manager at First Community Bank (Kenya) where as part of the senior management team, he was heavily involved in developing the Commercial banking business. Jaffar holds a Bachelors degree in Sociology (Major) and Government (Minor) from Kenyatta University- Kenya.

ISMAIL GUYO – Chief Financial Officer (CFO)

Mr. Ismail Guyo, Joined East Africa Bank (EAB) as Chief Finance Officer on 1st September 2014. Prior to this new appointment he served as General Manager Finance at Agricultural Finance Corporation (AFC), where he was credited in transforming the financial controls and treasury operations of the Government owned corporation from March 2012.

Guyo, holds MBA-Finance from University of Nairobi and a Bachelor of Science Degree in Business Administration from U.S.I.U majoring in Accounting and Finance disciplines. He is a Certified Public Accountant (CPA-K). Additionally, he holds a Diploma in audit from Cooperative College of Kenya, and currently serves a committee member of ‘Thought Leadership & Stakeholder Management work stream’. He has represented Institute of Certified Public Accountants (ICPAK) at various committee levels and is credited for his wealth of contributions on Public Policy and Governance issues in the public sector.

He has an extensive banking experience spanning over 17 years in areas of credit, operations and finance. Previously, Guyo worked for Equity bank, where he led the business performance, budgeting and planning portfolio. Guyo started his career as credit officer in 1997 with K-rep holdings ltd which later spin-out in 1999, bringing on board K-Rep Bank. During the spin-off, he moved to K-Rep bank as an accountant and rose up the ladder to become senior finance manager in 2006. Later, he moved on to become the head of finance at First Community bank, the pioneer Islamic Bank registered in Kenya in 2008. He was credited with establishing the system and designing the chart of account architecture in line with sharia’h compliant financing.

MUHAMMAD KASHIF – Chief Operating Officer (COO)

Kashif joined East Africa Bank on 3rd August 2014 and is charged with the responsibility of ensuring smooth growth through harmonized process and innovative Shariah compliant banking facilities.

Prior to his appointment as COO Kashif has led Gulf African Bank’s product development and Shariah compliance department, where he successfully refined, developed banking products and implemented a comprehensive system for Shariah audit & compliance.

Kashif started his career in Pakistan with AlBarakaIslamic Bank. He worked in credit operations and administration units; launched consumer financing and managed the initial portfolio of Ijarah(Islamic leasing) financing. He then moved to Gulf African Bank – first fully Shariah compliant bank in Kenya (and in East Africa).

A Pakistani native, he earned B.Ss and M.Sc in economics (and Islamic economics) from International Islamic University Islamabad, Pakistan. He received specialized training from The Institute of Bankers Pakistan,Leasing Association of Pakistan, Centre for Islamic Economics Karachi and Kenya Institute of Management.