Nairobi, Jan. 21 -- Standard Chartered Bank has appointed Nigerian banker Dalu Ajene as chief executive for its Africa operations, replacing Kariuki Ngari, who had taken on the continental role in addition to his position as chief executive of the lender's Kenyan unit.

Mr Ajene moves into the Africa leadership role from his position as chief executive of StanChart Nigeria, which he assumed in April 2024, marking a sudden transition into a broader multinational mandate.

The leadership change sees Mr Ngari relinquish the Africa CEO role less than two years after he was handed expanded responsibilities as managing director and chief executive for Kenya and Africa in April 2024.

StanChart said Mr Ajene will also assume responsibility as he...