SIMON J. MILLETT BECOMES NEW CEO

On December 1, 2003, the baton of leadership changed hands in Nigeria from David D. Cutting, ushering in Simon Millett as the new Managing Director/CEO. An MBA qualified and experienced business leader with diverse experiences in contemporary retail, commercial and corporate banking garnered in Australia, the Pacific Rim and Africa, Simon rose through the ranks starting off in 1988 as a management consultant at Westpac Banking Corporation until he became the Managing Director of the bank's business in Papua New Guinea in 1997 - a position he held until he joined Standard Chartered Bank as CEO Sierra Leone in August 2001.
The former Navy Lieutenant who has energy and enthusiasm, strategic thinking, clarity of thinking and communication as part of his strengths, is dedicated to further growing the SCB business in Nigeria with the full support of the team.

Welcome Simon!

Right-Left; David Cutting welcomes Simon J. Millet, the new MD/CEO for SCB Nigeria.

Peter Sullivan visits SCB Nigeria.

Peter Sullivan, Chief Executive Officer, Africa, visited Nigeria in February. He was accompanied by Steve Seagrove and Lorraine Taylor. He used the visit to inform us of the Group results with specific reference to Africa's contribution. He also gave an insight to the plans and aspirations for 2004.

Left - Right: CEOs Simon Millett - Nigeria, and Peter Sullivan - Africa, discussing at a staff function in honor of the latter in Lagos

Chris Keljik in Nigeria.

Chris Keljik, Group Executive Director, Standard Chartered Plc., visited Nigeria. Chris's visit in March was activity filled. He was in Nigeria for 2 days and a night and within that short time he was able to participate in the following:

Left to Right, Steeve Seagroove, Area General Manager-Africa; Simon Millett, MD/CEO Nigeria; Chris Keljik, Group Executive Director, Standard Chartered PLC and Dr. Joseph Sanusi, Governor, Central Bank of Nigeria at a meeting held at CBN office, Abuja.

Chris Keljik being hosted the Nigerian way, dressed in Nigeria traditional costume with SCB branding, and being welcomed with a calabash of fresh Nigeria palmwine by Lanre Yusuf, a staff of SCB Nigeria.

Ikeja branch opening

Amidst lots of color and pump, our Ikeja branch was formally opened on Thursday March 11, 2004, by GED, Christopher A. Keljik and the Governor of the Central Bank of Nigeria, Dr Joseph Sanusi. Steve Seagrove and Bill Moore - a former Director of SCB Nigeria Limited, accompanied Chris.

It was a well-attended ceremony with customers cutting across Consumer Banking and Client Relationship in attendance - these customers made out time in the thick of their regular business routine to share our joy and celebrate with us. In attendance also were staff from the Head Office, led by Simon, who turned out to give support to the Ikeja branch staff.

Clad in traditional attires, the Branch staff, led by their Manager, Yetunde Obrimah, gave a classic rendition of our National Anthem.

Ikeja branch is a state of the art branch, fully loaded with modern facilities very comparable with other SCB branches across the group; it is a real cause for worry for our competitors.

The branch began operations in January 2004.

Chris Keljik, Group Executive Director, Standard Chartered Bank Plc at the formal opening of the new branch, SCB Nigeria Ikeja Branch, 30 Aromire Street, Ikeja, Lagos, on Thursday March 11, 2004.

The New addition to the SCB Nigeria branch network and Nigeria model branch, Ikeja Branch, located at 30, Aromore Street, off Adeniyi Jones Avenue, Ikeja, Lagos.

Africa first workshop

About 95% of permanent staff in Nigeria have now participated in the Africa First workshops. In February, we had Tim Mwai and Ann Meja come to Nigeria to assist out HR team in organizing the workshop for 2 streams of select top and middle managers.

In March two more streams for all other members of staff were organized by Head, HR assisted the Africa First champions.

It was well organized and helped to drive home the way forward for SCB Africa. Staff were very interested and participated effectively in team activities and fun games.