Diamond Trust Bank (DTB Kenya) has appointed Murali Natrajan as the new CEO, effective November 1, succeeding Nasim Devji, who has held the position of Managing Director for over 20 years.
Natarajan brings a wealth of experience to the role, having previously served as the Managing Director and CEO of DCB Bank Ltd since April 2009, where he transformed the institution from a loss-making entity into a leading private sector bank in India. His extensive background encompasses over 40 years in global banking, with a focus on retail and SME banking, including significant expertise in areas such as credit risk management, operations, and technology.
During his tenure at DCB Bank, Natarajan implemented a resilient growth strategy that resulted in impressive financial metrics, including a six-fold increase in the bank’s balance sheet and income over a decade.
His leadership earned DCB Bank numerous accolades, including recognition as the “Best Small Bank” in 2017 and “Fastest Growing Small Bank – Runner Up” in 2018. Natarajan’s strategic vision and operational excellence are expected to be vital in guiding DTB Kenya as it aims to enhance its regional footprint and adapt to the evolving banking landscape.
As DTB Kenya embarks on this new chapter, Natarajan’s international experience across various markets, including Hong Kong, Singapore, and South Korea, positions him well to drive the bank’s growth strategy and focus on customer-centric services.
His appointment comes at a pivotal time, as the bank seeks to strengthen its management structure and expand its services across East Africa, responding to the dynamic needs of its clientele.
The DTB fraternity anticipates that Natarajan’s leadership will usher in a new era of innovation and growth, further enhancing the bank’s reputation as a top-tier, digitally-driven financial institution.
His strategic insights and commitment to fostering a customer-centric approach will play a crucial role in advancing DTB’s objectives and maintaining its competitive edge in the market.