Home Finance Kenya Nasim Devji: Visionary Woman Behind Diamond Trust Bank (DTB)’s East Africa Success

Nasim Devji: Visionary Woman Behind Diamond Trust Bank (DTB)’s East Africa Success

File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|
File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|

Nasim Devji is the Group Chief Executive Officer of Diamond Trust Bank (DTB) East Africa. For over 20 years, she has simultaneously held the dual roles of Group CEO and DTB Kenya CEO.

On Tuesday, May 7, 2024, the group announced that Mrs Devji would be stepping down from the DTB Kenya chief executive role, allowing for the bank to appoint a new CEO for its operations in Kenya.

Mrs Nasim Devji boasts over 25 years of experience working in the financial sector and has grown DTB bank to regional heights.

Background & Education

Mrs Nasim Devji attended high school in Tanzania and went abroad for her University education in 1971.

File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|
File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|

She is a Fellow of the Institute of Chartered Accountants of England and Wales, a Fellow of the Kenya Institute of Bankers, a Fellow of the Institute of Directors (Kenya) and an Associate of the Institute of Taxation (United Kingdom).

Career

Nasim served as the Audit Supervisor at

The DTB Group CEO worked for two years between 198 and 1990 as a

Nasim returned to Kenya in 1996 and joined the DTB Group as General Manager – Regional Finance Administration. She held the role from 1997 to 2001 when she was appointed Group CEO of DTB in East Africa.

She is a Director of DTB Tanzania, DTB Uganda, DTB Burundi, Jubilee Insurance Burundi and Diamond Trust Bancassurance Intermediary Agency Limited.

She has previously served on the Board of the Nairobi Securities Exchange Limited and as a member of the Kenya Deposit Insurance Corporation.

File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|
File image of Diamond Trust Bank (DTB) Group CEO Nasim Devji. |Photo| Courtesy|

As of March 2019, Nasim Devji was one of five women who serve as chief executive officers at Kenyan commercial banks.

DTB has over one hundred and thirty branches in Kenya, Tanzania, Uganda, and Burundi, some of which are 24/7 digital branches.

Devji notes that DTB’s continued expansion in Kenya illustrates the company’s confidence in the country’s economy.