logo

Last Update

This profile was last updated on 8/9/2017 and contains contributions from the  Zoominfo Community.

is this you? Claim your profile.

Wrong John Gachora?

John Mburu Gachora

Group Managing Director

NIC Bank Limited

HQ Phone:  +254 20 2888000

Email: j***@***.com

GET ZOOMINFO GROW

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions.

I agree to the  Terms of Service and  Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THANK YOU FOR DOWNLOADING!

computers
  • 1.Download
    ZoomInfo Grow
    v sign
  • 2.Run Installation
    Wizard
  • 3.Check your inbox to
    Sign in to ZoomInfo Grow

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

NIC Bank Limited

Masaba Road Upperhill Area

Nairobi, Nairobi Area,100

Kenya

Company Description

Well, NIC Bank has made that dream into a reality with our Bancassurance. Through NIC Insurance Agents, NIC Bank has been instrumental in extending its insurance services to its customers since 2008. Bancassurance enables our customers to enjoy a wide array ...more

Background Information

Employment History

Executive Positions

Absa Bank Limited


Executive Positions

Credit Suisse First Boston LLC


Managing Director and Head of Structuring

Bank of America Corporation


Managing Director and Head of Corporate and Investment Banking

Barclays PLC


Affiliations

African Leadership Foundation

Board Member


NC Bank Uganda Limited

Board Member


Scion Real

Board Member


Education

Bachelor of Science

MIT


Bachelors of Science

Electrical Engineering and Computer Science

Massachusetts Institute of Technology


Electrical Engineering degrees

MIT


Electrical Engineering degrees

Massachusetts Institute of Technology


MBA

The Wharton School , University of Pennsylvania , USA


MBA

Wharton School of Business


Masters

Engineering

MIT


Masters Degree

Electrical Engineering and Computer Science

Massachusetts Institute of Technology


Web References(100 Total References)


Kenya: NIC Bank to offer banking services via social media: MFW4A - Making Finance Work for Africa

www.mfw4a.org [cached]

"This new innovation is aimed at providing our customers with an easier point of interface with their bank," said NIC Group managing director John Gachora.


NC Bank - Our Board of Directors

www.nc-bank.com [cached]

John Gachora
John Gachora Group Managing Director (Executive) Mr. Gachora holds a Masters Degree in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, USA as well as an MBA from The Wharton School, University of Pennsylvania, USA, He joined NC from Barclays Africa where he had been Managing Director and Head of Corporate & Investment Banking. Prior to this this he held several executive positions at Absa Bank, in South Africa, as well as Bank of America and Credit Suisse First Boston in the United States. He joined NC Bank in September 2013 as Group Managing Director and was appointed to the Board on 21 August 2013.


NIC Bank - Our Board of Directors

www.nic-securities.com [cached]

John Gachora
JOHN GACHORA GROUP MANAGING DIRECTOR (EXECUTIVE) Mr. Gachora holds a Masters Degree in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, USA as well as an MBA from The Wharton School, University of Pennsylvania, USA, He joined NIC from Barclays Africa where he had been Managing Director and Head of Corporate & Investment Banking. Prior to this this he held several executive positions at Absa Bank, in South Africa, as well as Bank of America and Credit Suisse First Boston in the United States. He joined NIC Bank in September 2013 as Group Managing Director and was appointed to the Board on 21 August 2013.


NIC Bank Limited - Economy of Kenya

www.economyofkenya.com [cached]

The EIB funding will support our push into the fast expanding SME sector," said NIC Bank group managing director John Gachora.
The mid-tier lender is expanding its branch network. Read more We believe the issue will be successful and will help us to focus on continued growth with more focus on deal-making opportunities in Kenya and the region," NIC Bank Group Managing Director John Gachora said. Read more IC Bank Managing Director John Gachora says the money will support the banks growth plan in adding more branches in Kenya and the region.Gachora says the money will also go towards strengthening the capital base to support growth in their loan book for Small and Medium Enterprises (SMEs) and corporate segments. e says institutional investors received 90 percent of the issue while the remaining 10 percent went to retail investors. he bond received offers of Sh6.5 billion from the original target Sh3 billion leading to the upsize of the bond to Sh5.5 billion. his was the first tranche under the Sh8 billion Medium Term Note Program. he bond issue is part of a major capital-raising program initiated by NIC Bank as it seeks to grow both in Kenya and the region. he company is also seeking to raise Sh2 billion in a rights issue subject to regulatory approval.Read more NIC Bond Gets Sh6.5 Billion Offers The NIC Bank bond issue targeting institutional and retail investors has received offers of Sh6.5 billion, representing a 30 percent oversubscription from the expected Sh5 billion.Institutional investors offered to take up 90 percent of the issue, while retail investors accounted for the remaining 10 percent of the bond issue which was available."The success of the bond is a vote of confidence on the Bank's long-term growth strategy. The money raised is critical in strengthening our capital base so as to support growth in our loan book for both the SME and corporate segments," NIC Bank CEO John Gachora said."This is a major milestone in support of our corporate strategy which calls for robust capital levels and a sustainable funding programme."The bond is the first issue under the Sh8 billion Medium Term Note Program that was approved by the Capital Markets Authority (CMA) and upsized to Sh5 billion from the original Sh3 billion.Read more


News Archive 1a - Uganda Economy

www.ugandaeconomy.com [cached]

The Group Managing Director of NIC Bank Group, John Gachora, has said the regional financial institution has raised capital worth $134 million to create new products, expand its branch network and meet other general capital uses.
Gachora was speaking in Kampala at a function where NC Bank Uganda, a subsidiary of the NIC Bank Group, met their customers to say thank you for their support. Gachora said they have raised Ksh5.5 billion (about $61.2 million) through a bond in Kenya, acquired a Kshs4.5bn (about $50.1 million) loan from IFC and also raised Kshs2.1 billion (about $23.3m) from a rights issue on Nairobi Stock Exchange. Read more


Similar Profiles

city

Browse ZoomInfo's Business
Contact Directory by City

city

Browse ZoomInfo's
Business People Directory

city

Browse ZoomInfo's
Advanced Company Directory