Managers of Wealth Africa

Absa brings in another top executive from outside the company

Her appointment supports Absa’s focus on strengthening its corporate and investment banking franchise in South Africa

UMB appoints Asabea Kissi Boateng to lead strategic expansion of personal & business banking franchise

This strategic appointment underscores UMB’s deliberate focus on attracting, developing, and consolidating top-tier talent as it accelerates its ambition to become Ghana’s most trusted and customer-centric relationship bank.

Leadership shake-up at SPAR

The main leadership change at the group saw former Woolworths Finance Director Reeza Isaacs taking over as Group CEO.

BIDC: Ismaël Nabé succeeds Cassiel Ato Baah Forson

His career demonstrates extensive experience in managing development policies and leading economic reforms.

AMTY Names Obinna Ufudo Anambra Corporate Person of the Decade

He also sits on the Board of Abbey Mortgage Bank Plc

Ramaphosa names Roelf Meyer as next SA ambassador to the US

The two are widely credited as the architects of South Africa’s transition to democracy.

UN names Ghana’s Anita Gbeho Head of Mission in South Sudan

She succeeds the late Mr Nicholas Haysom of South Africa, whose dedication and leadership in advancing peace within the UN system were acknowledged by the Secretary-General.

R65 million goodbye for retired Old Mutual CEO

Williamson received about R65 million in single-figure remuneration in 2025, which included total guaranteed pay and short-term incentives (STIs) of around R7 million.

Absa Group appoints Sitoyo Lopokoiyit as Chief Executive of Personal and Private Banking

In his new role, Lopokoiyit is expected to drive innovation, strengthen customer-centric services and enhance digital experiences across Absa’s operations in Africa.

New bank launching in South Africa in 2027 – and it already has 2,500 branches

The Cape Town-based company already sells smartphones and extends credit to customers.

FNB CEO calls it quits

He was with the FirstRand group for 22 years, including 10 years as the group CFO.

Delta appoints Matt Long as MD for Europe, Africa

In this role, Matt will help ensure that Delta continues to deliver the thoughtful, reliable and best-in-class experience customers expect when flying across the Atlantic.

Ericsson Appoints Country Head of South Africa

His career includes senior positions such as Head of Sales for Market Vertical and Enterprise, Sales Executive for Mobile Networks, and Strategic Account Manager.

Trevor Manuel retires from Old Mutual

Jardine will assume the chairmanship at the company’s Annual General Meeting to be held on 5 June 2026.

Sam Ngumeni to take over as Woolworths Group CEO from Roy Bagattini

When Bagattini retires after six years at the helm later this year.

Loewald to join PSG board post-Sarb retirement

Former Reserve Bank chief economist joins ranks of private sector leaders

Wema Bank executive appointed 2026 SABRE Awards juror

Reflecting on the role’s significance and the current state of the industry, Adeteye noted that the African PR landscape is undergoing a fundamental transformation.

African Bank boss Kennedy Bungane resigns with immediate effect

Group names Zweli Manyathi as interim CEO.

Van Schalkwyk appointed Momentum Metropolitan regional manager

Momentum Metropolitan Namibia has appointed Joggie van Schalkwyk as regional manager within its Momentum Metropolitan Retail business unit.

11Plc MD Oyebanji retires after 45-year service

The Board of Directors of 11Plc expressed its profound gratitude to Oyebanji for his leadership and invaluable contributions to the company and wished him the best in his future endeavours.

Executive Moves