NAIROBI, Kenya- Diamond Trust Bank (DTB) Kenya is making waves with the appointment of seasoned banker Murali Natarajan as its new Managing Director and CEO.
The announcement, coming on the heels of regulatory approvals, signals DTB’s drive to strengthen its regional influence and expand operations in East Africa.
Natarajan, who brings decades of expertise as the former MD and CEO of DCB Bank in India, steps in to continue DTB’s legacy of innovative banking under a renewed strategic vision.
In an interesting reshuffle, Nasim Devji, the outgoing MD and CEO, will now focus her efforts on group-wide leadership as DTB’s Group CEO.
With DTB’s extensive reach across Kenya, Uganda, Tanzania, and Burundi, Devji’s role will emphasize IT, corporate governance, risk management, and compliance.
Her new position underscores DTB’s commitment to sustainable growth through strong oversight and operational rigor, with Devji leading initiatives that align DTB with the highest standards in East Africa’s banking sector.
Natarajan’s appointment signals DTB’s ambition to boost its Kenyan market presence. As the bank navigates a competitive financial landscape, his deep-rooted experience in the industry is expected to drive DTB’s objectives forward.
In a statement, Devji highlighted Natarajan’s expertise as a crucial asset, aligning with DTB’s mission for sustainable regional expansion.
Affiliated with the Aga Khan Development Network (AKDN), DTB’s vision for growth is underscored by its commitment to community-driven banking and development across East Africa.
With this strategic transition, DTB aims to position itself for a promising future, not only in Kenya but across the region.
Natarajan’s leadership is anticipated to bring fresh energy to DTB’s Kenyan operations while Devji’s expanded focus across the East African network promises to anchor DTB’s influence as a trusted banking leader.