Nigerian banker replaces Kariuki Ngari as StanChart Africa chief executive

Outgoing Standard Chartered Bank Africa Chief Executive Officer Kariuki Ngari.

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Standard Chartered Bank has appointed Nigerian banker Dalu Ajene as chief executive for its Africa operations, replacing Kariuki Ngari, who had taken on the continental role in addition to his position as chief executive of the lender’s Kenyan unit.

Mr Ajene moves into the Africa leadership role from his position as chief executive of StanChart Nigeria, which he assumed in April 2024, marking a sudden transition into a broader multinational mandate.

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