Ex-Nation Media boss named DTB’s Chairman

Linus Gitahi
Linus Gitahi; Diamond Trust Bank's Board of Directors chair. PHOTO/COURTESY

Former Nation Media Group CEO Linus Gitahi has been named as the chairman of the Board of Directors at Diamond Trust Bank (DTB).

The announcement was initially made during the lender’s Annual General Meeting (AGM) which was held in Nairobi on Thursday last week and it was made known to the general public in a public announcement by the bank published in today’s edition of the Business Daily.

“The Board of Directors of Diamond Trust Bank is pleased to announce the appointment of Mr. Linus Gitahi as its new Chairman. Mr. Gitahi takes over from Mr. Abdul Samji who retired as a non-executive Director and Chairman of the Bank at the Annual General Meeting held on the said date. Mr. Gitahi has served on the Board of Directors from April 2017,” the public announcement reads.

According to the Bank, the appointment will provide further incentive to the realization of its Vision 2020 strategy which seeks to position DTB as the front-runner in the banking finance industry in sub-Saharan Africa.

Apart from congratulating Mr. Gitahi on his new appointment the announcment also thanked outgoing chairman Mr. Abdul Samji for his exceptional leadership during his 22 year tenure as the lender’s chairperson.

“The Board takes this opportunity to again thank Mr. Samji for the strong leadership and dedication he demonstrated whilst he served as Chairman and wish him all the best in his future endeavors,” DTB’s board said in the statement.

In addition to his latest appointment, Mr. Gitahi also serves as the Chairman of Tropikal Brands (Africa) Limited and Chairman of Oxygène Marketing Communications Limited. He is also a Trustee of the Management University of Africa as well as an independent Board director of Simba Corp and Allianz Insurance (K) Limited.

ALSO READ: Kestrel appoints new head amid insider trading claims


Please enter your comment!
Please enter your name here