May 5 (THEWILL)- Standard Chartered Bank has announced Olukorede Adenowo’s replacement in the person of Dalu Ajene. Ajene is now the Chief Executive Officer of the bank’s operations in Nigeria. Recall that barely eight months after Adenowo was elevated to the position of CEO, he made his exit from the bank where he had built his sterling banking career to become the Chief Executive Officer of FirstBank United Kingdom.
Ajene comes with over 23 years of experience and expertise in the global financial services sector. He brings a strong business and commercial leadership acumen to the new role, having managed several portfolios across multiple markets in Africa, the US and the Middle East which have helped to deepen his understanding and appreciation of the complex landscape of delivering results across diverse markets.
Until his latest appointment, Ajene, who holds a Bachelor’ Degree in Economics from Dartmouth College and an MBA from Harvard Business School, was the Nigerian CEO of Rand Merchant Bank and he is credited with leading a strong and resilient business to double-digit profit before tax growth in 2023.
