Managers of Wealth Africa

Fidelity Bank appoints three new board members

The Board welcomes these distinguished individuals and looks forward to leveraging their extensive experience to drive the Bank’s strategic objectives

Aviva Investors appoints Head of EMEA Institutional Client Relationship Management

The process to appoint a new Head of UK Institutional following Heather’s promotion is currently underway.

Invesco appoints head of EMEA sustainable and impact investing distribution

Arun Kelshiker will help mobilise capital in sustainable and impact-focused investment strategies

FirstBank exits 100 Senior Staff members in major reorganizational shakeup

Our sources indicate that the board of FirstBank approved the exit of about 100 senior executives as part of the bank’s “corporate restructuring and repositioning,” following the confirmation of its new MD/CEO.

Dentons announces Mohamed Zaanouni as new Africa Region CEO

Noor Kapdi steps down after more than 7 years in the role.

ExxonMobil announces leadership changes

Mallon, who has been president of ExxonMobil Upstream Company since 2022, joined the company in 1990 in Aberdeen, Scotland.

MCB appoints Chief Representative Officer in Nigeria

Before joining MCB in 2021, Azeez led Africa coverage for a Middle Eastern bank

HSBC Senior Management Changes

HSBC has begun a process to appoint the permanent successor for this role

Neuberger Berman adds to Middle East and North Africa capabilities with Khalid Albdah joining

Khalid will lead the firm’s strategic development across client coverage, operations, and investments in the region

Standard Chartered appoints Cynthia Lumor as independent non-executive director

She is currently the Deputy Managing Director of Tullow Ghana Limited

Nigeria: Governer appoints new DG for infrastructure development, maintenance agency

Bala Mohammed expressed confidence in Engr. Mai’auduga’s ability to leverage the qualities of sincerity, hard work, dedication, and his extensive experience

Heritage Insurance Kenya Appoints New Managing Director

She steps into the position with a wealth of industry knowledge and leadership expertise that is expected to position Heritage Insurance for continued growth and innovation.

Sanlam Investments Multi-Manager appoints new head of hedge funds

Lethu Zulu takes responsibility for six hedge funds with assets under management of R7bn.

Prominent Fintech Firm Welcomes New Chief Executive Officer

Owning a portfolio that includes some of the top financial firms in the nation.

South Africa appoints Olver deputy chair of climate commission

Olver has been the body’s executive director since is inception almost four years ago and will replace Valli Moosa, who retired earlier this year.

Afstor Oy Strengthens Leadership for Renewable Solutions

This leadership shift is critical for the corporation as it prepares to handle severe environmental and socioeconomic concerns in key markets.

Eskom appoints 4 new executives

Eskom Group CEO Dan Marokane said the appointments are the first four of seven new executives at the company

ARM Holding Company Celebrates the Retirement of Chairman Mr. Felix Ohiwerei and Welcomes Mr. Deji Alli as New Chairman

Under his guidance, ARM expanded its portfolio and solidified its position as a leading force in Nigeria’s financial services industry.

African Development Bank appoints Dr. Anthony Simpasa as Director of Macroeconomics Policy, Forecasting and Research

He has deep knowledge of Africa’s development and policy landscape, leading teams on complex flagship projects, country operations, and research initiatives.

Standard Group CEO Lands a New Job

In a statement seen by on October 7, Gathoga Mwangi was appointed as an Independent Non-Executive Director at Absa Bank Kenya PLC.

Executive Moves