Managers of Wealth Africa

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.

Saloshni Pillay returns to Absa to lead Corporate and Investment Banking

Saloshni Pillay brings more than twenty-five years of experience in corporate and investment banking, with a career spanning global markets, investment banking, and risk solutions.

Masondo out – deputy finance minister quits as PIC chair

Walks just days before a board meeting at which he and other directors faced possible removal.

Absa Appoints New Corporate and Investment Banking Executive

Pillay joins Absa from Deutsche Bank, where she served as Chief Executive Officer and Chief Country Officer for South Africa

MUFG appoints Jennie Oswald as Chief Financial Officer, EMEA

She also becomes a permanent member of the EMEA Executive Committee.

Esther Waititu leaves Safaricom as banks continue hiring top M-Pesa executives

Safaricom Chief Executive Officer Peter Ndegwa informed staff of her departure through an internal memo, saying the executive had decided to pursue other opportunities.

Two directors resign after FSCA launches PIC investigation

The resignations have added to mounting governance concerns at Africa’s largest asset manager.

Ctrack Announces Appointment of New General Manager for Middle East and Africa

His appointment supports Ctrack’s continued focus on strengthening execution, enhancing customer value and building on its position as a trusted technology partner in the fleet management and telematics sector.

CDH strengthens its pan-African leadership with Phetheni Nkuna’s COO appointment

Recently appointed Chief Operating Officer (COO) Nkuna will oversee the firm’s operations across the continent, supporting the continued cross-border integration and broader pan-African business strategy.

FNB appoints Linda Kachingwe-Sisya as new CMO

She succeeds Faye Mfikwe after 19 years and will lead the bank’s brand strategy, marketing and corporate affairs.

RMB appoints Judy Kobus as Corporate CEO

Under her leadership, the business evolved from a product-led approach to a more sector- and client-led model, doubling profit before tax.

Executive Moves