In 2018, Mr Lamin Manjang resumed office as the Chief Executive Officer of Standard Chartered Bank Nigeria, following the confirmation of his appointment by the apex bank in the country, Central Bank of Nigeria (CBN).
Standard Chartered Bank is headquartered in the commercial hub of Nigeria, Lagos State, and offers a wide range of products and services in retail, wealth management, commercial, corporate and institutional, private, digital, and transactional banking. The Bank’s app has been attested to as a very good app, by its loyal customers.
According to Lamin, Standard Chartered Bank Nigeria is the biggest market for the bank in Africa. “It is the largest contributor to our top line and bottom line, so it is a strategic market.”He is an experienced Chief Executive Officer with a demonstrated history of working in the banking industry. Skilled in Business Planning, Analytical Skills, Banking, Credit Risk, and Management. Strong business development professional with an ACMA focused in Accounting from The Chartered Institute of Management Accountants.
He joined Standard Chartered Bank in The Gambia in 1999. After working in The Gambia for about three years, Lamin moved to Tanzania in 2002. Next, in 2003, he moved to Sierra Leone as the CEO. Thereafter, he became the CEO in Uganda, and subsequently, he moved to Oman. Later on, he led Kenya and East Africa for five years before finally moving to Nigeria in May 2019.
Over the years, Lamin has built up extensive experience providing strategic direction in various capacities. He has supported the group’s strategic intent in Nigeria and represents the bank on various boards in Africa. He is also leading as a Senior Banker on major key relationships.
According to our source, Standard Chartered Bank began in the 90s and originally existed as the Standard Bank of South Africa. Standard Chartered Bank began in the 90s and originally existed as the Standard Bank of South Africa. After four years, Standard Bank Nigeria was incorporated to take over the local businesses in Nigeria. 13% of the share of the Standard Bank Nigeria was placed with Nigerian investors.
As a result, the bank’s investment in Standard Bank of Nigeria was reduced to 38% and the bank was renamed First Bank of Nigeria in 1979. However, Standard Chartered remained a shareholder of First Bank of Nigeria until 1996. Standard Chartered sold its remaining 39% stake in Standard Bank Group in 1987, and the two banking groups are now under quite separate ownership. The original 1862 company changed its name in 1985 from Standard Bank PLC to Standard Chartered Bank Africa PLC, and is now named Standard Chartered Africa Ltd.Standard Chartered re-entered Nigeria in 1999 and opened to customers on 15 September 1999 as a wholly owned subsidiary of Standard Chartered Bank Plc, headquartered in the United Kingdom.In his new capacity, Mr Manjang has been responsible for driving leadership for the group in Nigeria and the execution of the group and country business strategies.
Mr. Lamin Manjang has over 30 years-experience and expertise in the banking sector. He is an Associate Member of the Chartered Institute of Management Accountants (ACMA) as well as a Certified Credit Analyst. Manjang joined Standard Chartered Bank in 1999 and has over 20 years of banking experience with the bank. Sources reveal that altogether, Lamin has over 30 years of professional experience. Prior to joining Standard Chartered Bank, he was the managing director of Gambia International Airlines.
Lamin Manjang hails from The Gambia and holds a Bachelor’s Degree and Master’s Degree in Business Administration. He is an associate member of the Chartered Institute of Management Accountant (ACMA) and also a Certified Credit Analyst.He joined the bank in 1999 and has over the past 20 years in the bank, built up extensive experience in various capacities including CEO for Kenya and East Africa, CEO in Oman, Uganda and Sierra Leone.He has deep knowledge of the African market, strong client and regulatory relationships, and broad banking experience, is expected to drive the continued strengthening of the bank’s franchise in Nigeria.
Mr Manjang has also provided leadership for the lender’s business across West Africa to drive the continued strengthening of the financial institution’s franchise in the region.“With the support of our regulators, board and management of the Bank, I look forward to driving continued growth and profitability for the Bank; and overall enhanced performance for our clients and stakeholders.”
