Stanchart CEO Kariuki Ngari on banking the affluent

Standard Chartered Bank Kenya Chief Executive Officer Kariuki Ngari. ILLUSTRATION | JOSEPH BARASA | NMG

Standard Chartered Bank Kenya raised its dividend payout by 32 percent to a record Sh29 per share as net profit for the financial year ended December 2023 grew 15 percent to Sh13.8 billion.

The lender’s chief executive Kariuki Ngari spoke to the Business Daily about what drove the growth, what it takes to stick to one’s playbook even during a season of turbulence and what banking the affluent looks like.

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