Guardian Bank Limited (GBL) was founded by the Chandaria family, one of the leading business houses of Kenya having business commitments in Kenya, Tanzania, Uganda, UK and India. Dr. M. M. Chandaria {popularly known as “MM”} was the founder and the Chairman of Dinesh Maganlal Chandaria group of companies (DMC Group), including GBL.

GBL was incorporated in Kenya in January 1992, initially as a Finance Company and then converted into a Commercial Bank in May 1996.

The members of the Board of the Bank are businessmen and professionals from various fields who work closely with The Senior Management Team to grow the bank’s business thorough a dedicated workforce.

GBL has nine (9) branches, four in Nairobi – i.e. Biashara Street, Westlands, Mombasa Road and Ngong Road; two branches in Mombasa – Mombasa Town and Nyali and one each in Eldoret, Kisumu and Nakuru. All our branches are networked to offer “Anywhere Banking” facilities to customers. We have embraced technology in a big way in order to meet the growing demand from customers by offering Internet Banking, Mobile Banking, iTax Services, ATM/Debit cards and Pesalink.

Financial Position

The Total Deposits of the bank as at 31 December 2022 stood at Kshs.11.875 bn while the Gross Advances were at Kshs. 6.800 bn. The Core Capital of the bank stood at Kshs.2.961 bn as at 31st December 2022. The Bank posted a net profit of Kshs. 249.809 mn at the end of the year 2022 against a net profit of Kshs.155.033 mn posted during the year 2021.

Financials

Founded: 1992

Country of Incorporation: Kenya

Shareholder Details

Direct Significant Shareholders

Name Percentage
Conifers Trading Limited 15.00%
Chandaria Holdings Limited 20.00%
Dima Limited 20.00%
Goldera Limited 17.75%
Kevis Investment Limited 25.00%
i. Number of Corporate Shareholders 5
ii. Percentage of Corporate Shareholders 97.75%
iii. Number of Individual Shareholders 8
iv. Percentage of Individual Shareholders 2.25%
Number of Shareholders
Local : 13
Foreign : NIL
Group Shareholdings N/A

Board of Directors

Chairman Mr. Vasant K Shetty
Executive Director Mr. Hetul Chandaria
Non Executive Director Mr. Bhavnish Chandaria
Independent Non Executive Director Mr. Raj Sahi
Independent Non Executive Director Dr. Shantilal Shah
Independent Non Executive Director Mr. Ajay Shah
Independent Non Executive Director Dr. Samson Ndegwa
Independent Non Executive Director Brig (Rtd.) Wilson A. C. Boinett
Chief Executive Officer Mr. Narayanamurthi Sabesan

Senior Management – Head Office

Executive Director Mr. Hetul Chandaria
Chief Executive Officer Mr. N. Sabesan
General Manager Mr. K. R. Sahas
Deputy General Manager Ms. Lorraine Miranda
Head, Risk Management & Compliance Mr. Dipan Shah
Senior Manager, Information Technology Ms. Grace Nyende
Senior Manager, HR & Administration Mr. Joseph Wachira
Senior Officer, Finance Mr. Francis Ndereba

Our Vision: “Your preferred bank”

Our Mission:  “To provide superior financial services that are consistent with customer needs and the best product mix delivered by an effective ICT system and contended competent staff “

We do not have any open positions currently. Please keep visiting for any future openings.

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