A tier-one banking franchise, Diamond Trust Bank (DTB) is expected to strengthen its group executive and leadership structure by appointing a Kenya Country Chief Executive Officer (CEO) to enhance business growth in Kenya, Uganda, Tanzania, and Burundi.
Mrs Nasim Devji, who holds the dual position of Group CEO as well as the CEO of DTB Kenya, said the strategic reorganisation, as approved by the Board, will strengthen the management structure and enhance the group’s plans to build a strong franchise in the region under her leadership.
It is also part of the bank’s plan to acquire some 10 million customers across the East Africa region by 2026
In this context, Mrs Devji said, DTB Kenya intends to recruit a country CEO who will report to the Group CEO (Mrs. Devji) along with the current country CEOs for DTB Burundi, DTB Tanzania, and DTB Uganda.
“The Country CEO for DTB Kenya, along with the current Country CEOs for DTB Uganda, DTB Tanzania, and DTB Burundi, will report to and work closely with me [Mrs Nasim Devji] to ensure the smooth functioning and continued success of DTB in each country,” she said.
Going forward, she said, the bank will dedicate more time and focus on building and broadening its franchise across the region and beyond as it embarks on its future course of enhancing customer experience and product offering through digitalisation initiatives.
“We believe that this decision will bring immense value to our organisation, enabling us to seize new opportunities, develop new relationships and navigate the ever-evolving banking landscape more effectively,” Mrs Devji said.
In Uganda, DTB Uganda recently appointed Godfrey Sebaana, a seasoned banker, as its new Country Chief Executive Officer and Managing Director.
“We are actively focusing on enhancing the delivery of our regional business growth strategy. This strategy is geared at achieving socio-economic relevance and pivoting DTB to be a customer-centric, top-tier, digitally driven bank in East Africa,” Mrs Devji said.
She noted that the regional business growth model will also be hinged on a two-strand approach: the use of the traditional brick-and-mortar infrastructure and the deployment of new-age technology to deepen penetration and provide convenience and access to our customers.
“The DTB business growth strategy is also premised on achieving sustainability excellence and is underpinned by our core value as an Aga Khan Development Network (AKDN) institution of improving the quality of life for all our stakeholders. It enables us to create value by enriching the lives of our customers and other stakeholders in a sustainable, meaningful and impactful way,” she said.
