Murali Natarajan, a seasoned banker from India, has been appointed as the Managing Director and CEO of Diamond Trust Bank (DTB) Kenya.
This appointment, following regulatory approval, is part of DTB’s strategic reorganization aimed at driving regional growth.
Natarajan, formerly the MD and CEO of DCB Bank India, succeeds Nasim Devji, who will now focus on group-level responsibilities.
Devji will continue as Group CEO, overseeing DTB’s operations in Kenya, Uganda, Tanzania, and Burundi, while leading initiatives in IT, corporate governance, risk, and compliance.
“As part of our regional business growth plans, we welcome Mr Natarajan, a seasoned commercial banker with a wealth of experience, to assume the substantive DTB Kenya CEO role. In this role, Mr Natarajan will provide strong leadership to elevate and accelerate the DTB Group’s Kenyan franchise business growth,” Mrs Devji said.
“The MD and Country CEO for DTB Kenya, along with the current Country CEOs for DTB Uganda, DTB Tanzania, and DTB Burundi, will report to and support me [Mrs Nasim Devji] to ensure the smooth customer delivery and continued success of DTB in each country,” she said.
DTB, affiliated with the Aga Khan Development Network (AKDN), operates across East Africa.
Devji expressed confidence that Natarajan’s expertise will be instrumental in accelerating DTB Kenya’s growth, aligning with the Group’s vision for sustainable regional expansion.
