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Tag: Standard Chartered Bank

Banking

Standard Chartered Bank appoints Dalu Ajene as CEO

Standard Chartered Bank has announced Dalu Ajene as the new Chief Executive Officer of the bank’s operations in Nigeria. This follows the mandatory retirement of the Vice President of Africa and acting CEO, Lamin Manjang, after 25 years of service. According to the statement from the bank, Ajene comes to his new office with over […]

Tinubu appoints Olusi as new BoI boss
Economy

FG plans fresh Eurobond borrowing in June

The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., to guide its forthcoming Eurobond issuance. In addition, Standard Chartered Bank and a financial adviser firm Chapel Hill Denham have been appointed to advise on this venture, according to The Punch. […]

Standard Chartered initiates $1 billion share buyback
Banking

Standard Chartered initiates $1bn share buyback

Standard Chartered revealed a $1 billion share buyback program on Friday, concurrently expressing CEO Bill Winters’ belief that the current share price undervalues the bank’s intrinsic worth. The UK-based financial institution reported statutory pre-tax profits of $1.1 billion for Q4 2023, aligning with analysts’ expectations, and a full-year figure surging by 19% to $5.1 billion. […]

Standard Chartered Bank appoint Olukorede Adenowo new CEO
Banking

Standard Chartered Bank appoint Olukorede Adenowo new CEO

Olukorede Adenowo has been named the new CEO of Standard Chartered Bank Nigeria Limited. Nairametrics reported that this appointment follows his recent promotion to Executive Director of Corporate, Commercial, and Institutional Banking Business in Nigeria, according to a press release. Adenowo had the combined task of managing the bank’s business interest in Senegal while serving as […]