Standard Chartered Bank Names Dalu Ajene as CEO for Nigeria Operations

Standard Chartered Bank has appointed Dalu Ajene as the Chief Executive Officer of its operations in Nigeria. With over 23 years of experience in the global financial services sector, Dalu’s appointment reflects the bank’s commitment to excellence and assurance for stakeholders in Nigeria’s financial industry.

He succeeds Lamin Manjang, the Vice Chairman of Africa and Acting CEO, retiring after 25 years of service. Dalu, formerly the Nigerian CEO of Rand Merchant Bank, is credited with leading a resilient business to double-digit Profit Before Tax growth in 2023, without any regulatory infractions despite macroeconomic challenges.

His deep understanding of the Nigerian market will benefit Standard Chartered Bank’s operations. Kariuki Ngari, the Bank’s Regional CEO, expressed confidence in Dalu’s appointment, highlighting his extensive banking and finance background.

Dalu emphasised his commitment to driving the bank’s growth in Nigeria, leveraging technology to deliver client-centric services and catalytic economic financing.

With a Bachelor’s Degree in Economics from Dartmouth College and an MBA from Harvard Business School, Dalu is known for his leadership in fostering a high-performance culture and delivering top-notch service to clients.

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