Diamond Trust Bank Kenya (DTB) has announced the appointment of Murali Natarajan as its new CEO, effective November 1, marking a significant leadership change. Natarajan succeeds Nasim Devji, who served as Managing Director for over 20 years and leaves behind a remarkable legacy. Natarajan’s appointment represents the beginning of an exciting new chapter for DTB as it strives to deepen its regional presence and adapt to a rapidly changing financial landscape.
Natarajan brings extensive global banking expertise to his new role, with over 40 years of experience and a strong track record in retail and SME banking. Most recently, he served as Managing Director and CEO of DCB Bank Ltd, where his strategic insights and growth-oriented approach transformed the institution from a loss-making bank into a high-performing private sector leader in India. His leadership achievements, which include a six-fold increase in DCB’s balance sheet and income over a decade, underscore his focus on operational excellence and financial sustainability.
Known for his customer-centric approach, Natarajan’s tenure at DCB Bank was marked by impressive milestones. Under his guidance, the bank earned accolades such as “Best Small Bank” in 2017 and “Fastest Growing Small Bank – Runner Up” in 2018. This success story demonstrates his capacity for building resilient growth strategies, which will be crucial as DTB seeks to expand and refine its service offerings in East Africa.
With extensive international experience in key markets including Hong Kong, Singapore, and South Korea, Natarajan is well-prepared to lead DTB into its next phase of growth. His expertise in areas such as credit risk management, operations, and technology will play a critical role in driving DTB’s transformation, ensuring the bank remains agile and competitive in today’s dynamic financial environment.
Natarajan’s appointment comes at a pivotal time for DTB, as the bank focuses on strengthening its management structure and expanding its footprint across East Africa. His vision and commitment to innovation align well with DTB’s ambitions to be a top-tier, digitally driven institution, delivering tailored and convenient financial solutions to its growing clientele.
The DTB community is optimistic that Natarajan’s leadership will bring renewed energy, innovation, and customer focus to the bank. His appointment highlights DTB’s dedication to excellence and to staying at the forefront of banking in the region, as it aims to better serve the evolving needs of its customers and strengthen its competitive edge.
