By
Kepha Muiruri
Business Reporter
Nation Media Group
Standard Chartered Bank Kenya tapped an insider to steer the firm back to profit growth amid lower lending margins that triggered a 26.3 percent earnings fall in quarter one.
'I think the challenge one gets is that the pace of change is so fast for all our businesses and clients, which calls for internal change.'
Standard Chartered Kenya names insider Birju Sanghrajka CEO after Q1 earnings dropped 26.3% from compressed margins. The bank pivots toward fee-based advisory and wealth management to hedge rate volatility while scaling digital-first (96% app transactions).
By
Kepha Muiruri
Business Reporter
Nation Media Group
Standard Chartered Bank Kenya tapped an insider to steer the firm back to profit growth amid lower lending margins that triggered a 26.3 percent earnings fall in quarter one.

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