Managers of Wealth Africa

African Bank CFO resigns with immediate effect

Anbann Chetti will be replaced by acting CFO Given Mabena.

Old Mutual advances planned Group CFO leadership transition, appointing Ranen Thakurdin as Group CFO designate.

To ensure a seamless leadership transition, Ranen will work alongside Casper before formally assuming the role of Group Chief Financial Officer on 1 April 2027.

Dorothy Namutebi named new Housing Finance Bank Head Mortgages and Consumer Banking

Namutebi’s appointment marks another step in a career defined by progressive leadership and a deep understanding of the Bank’s business and customers.

Iliad Solutions Appoints Payments Expert Jill Murtagh to Lead South Africa Expansion

Iliad Solutions has appointed veteran South African payments expert Jill Murtagh to spearhead its expansion within the country’s financial services sector.

Again, Tony Elumelu Resigns From UBA: 10 Things His 12-Year Tenure Did to the Bank

UBA’s total assets rose from ₦2.75tn in 2015 to ₦33.17tn in 2025, representing growth of more than 1,100 per cent.

Former Airtel Africa CEO Segun Ogunsanya Joins Vodacom Board

He currently chairs the Nigeria Sovereign Investment Authority (NSIA) and serves on the board of the Nigeria Economic Summit Group (NESG).

Gareth McElhone joins Old Mutual Alternative Investments

Old Mutual Alternative Investments has appointed Gareth McElhone as partner in its Hybrid Capital team.

Ellis Erasmus Katwebaze Dy MD of Bank of Africa Ghana

The appointment, announced by the bank recently follows approval from the Bank of Ghana, as well as the Local and Group Boards of Bank of Africa.

UBA appoints Ibrahim Puri as Non-Executive Director

The appointment is subject to approval from the Central Bank of Nigeria (CBN).

Bank of Africa Ghana appoints Ellis Erasmus Katwebaze as Deputy Managing Director

According to the bank, his appointment is expected to strengthen its executive management team as he brings a “strong track record” in key areas of banking and financial services.

Spar chair and deputy resign with immediate effect

Lwazi Koyana takes over as interim chair as the retailer launches a formal search for new board members.

Morningstar names Bénette Gasson as SA investment management GM

The newly created general manager role reflects the global group’s growing focus on the South African market.

Safaricom Elevates Caroline Wambugu to Expanded Finance Leadership Role

Safaricom has elevated Caroline Wambugu to Group Lead for Finance Controls, giving her sweeping oversight over treasury, tax, and statutory reporting.

Bank of America names new investment banking leads for Africa, Benelux

The promotions reflect Bank of America’s sharpened focus on international growth, particularly in Africa

Nedbank names Nikos Angelopoulos as new group CIO

Angelopoulos succeeds Ray Naicker, who joined BSP Financial as group CIO earlier this year.

South African crypto giant cutting 20% of jobs

Prices of Bitcoin, Ethereum, Solana, and other crypto tokens have fallen during the year, adding to the volatility in retail crypto trading.

T. Rowe Price appoints Andrew Brickman as head of ETF Solutions, EMEA

He will work across distribution, product, marketing, capital markets and investments to advance the firm’s ETF initiatives.

Sanwo-Olu congratulates new NBA president

“Becoming only the second female president in the history of the NBA is no small feat and is a well-deserved milestone.

Peter Obi asks Tinubu to resign, says he lacks capacity to lead Nigeria

Obi made the remarks during an interview with Channels Television on Sunday, where he criticised the direction of the country under the current administration.

MUFG EMEA appoints Rishi Nihalani as Head of Infrastructure, Structured Finance

MUFG's EMEA Infrastructure team, a core part of MUFG's industry-leading global structured finance business, is an award-winning provider of project and debt finance solutions.

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