The outgoing Chief Executive Officer (CEO) of Standard Chartered Bank Botswana has dismissed suggestions that he is being pushed out of the organisation, following the February 14 that he will be leaving the organisation at the end of March. He told a media briefing on Wednesday afternoon that there is ‘nothing underlying his resignation’. “I have been considering this move for the past five months. There is never a perfect time for resigning. I chose to leave on March 31, 2017 because that is the period in which I will have presented the 2016 financial results. I wanted to take responsibility for them,” he said. There has been a sentiment that he could be have been pushed following recent media reports that an aggrieved client had reported his bank to the regulator for various illegal steps that the institution has taken. Lekaukau refused to delve into the complaints laid by the client saying that goes against the client confidentiality provision which they have. Board Chairman Professor Bojosi Otlhogile praised Lekaukau for a sterling job he has done since joining the bank in February 2012, being the first Motswana CEO in the over 100 years of the bank’s operations in the country.
Among others he is hailed for having generated over P1 billion in operating income for the bank while accelerating the localisation of executive management in the bank.