The syntheses of high-valent niobium imido complexes [HB(Im)]Nb(N Bu)Cl (2) and [HB(Im)]Nb(N Bu)Me (3) bearing a bis(NHC)borate (NHC = N-heterocyclic carbene) supporting ligand are described. The reaction of the dimethyl complex (3) with excess CO generates an equivalent of acetone, which inserts into a B-H bond of the bis(NHC)borate ligand to form a boryl isopropoxide/niobium(III) dicarbonyl complex (4). This mode of hydroboration reactivity also occurs readily upon the treatment of either 2 or 3 with ketones, aldehydes, and isocyanates. Modification of the bis(carbene) ligand of 3 via the hydroboration of benzophenone produces the dimethylniobium complex [(OCHPh)B(Im)]Nb(N Bu)Me (12), which undergoes intramolecular η-arene coordination upon hydrogenation.