Standard Chartered names Dalu Ajene as Africa CEO

Standard Chartered has announced the appointment of Dalu Ajene as CEO of the bank’s operations in Africa, with dual responsibilities as head of coverage for the continent.

Until this appointment, Ajene, with over 25 years’ experience in the global financial services sector, was the CEO of Standard Chartered Nigeria, a role he assumed in April 2024.

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Before joining Standard Chartered, he was the CEO of Rand Merchant Bank Nigeria.

Ajene holds a bachelor’s degree in economics from Dartmouth College and an MBA from Harvard Business School.

Speaking on his appointment, Ajene said across the region, Standard Chartered remains a key partner in trade finance, structured solutions and development finance.

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“I look forward to working closely with our experienced teams across Africa to accelerate growth across our Corporate & Investment Banking and Wealth & Retail businesses.”

He takes over from Kariuki Ngari, who served as CEO for Africa, and Sarmad Lone’s Africa coverage portfolio.

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