Managers of Wealth Africa

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.

Standard Bank brings in Absa’s Hlungwane to lead Africa transaction banking

He is taking over from, and will report to, Thabo Makoko, who’s been promoted to head of transaction banking at the lender.

MTN CEO Ralph Mupita lands a new job

MTN CEO Ralph Mupita has been named, alongside several leaders from government and business, as a commissioner of the AI for Good Global Commission.

NAHCO Strengthens Board as Wolemi Esan, FirstBank Executive, Join as Non-Executive Directors

NAHCO appoints Wolemi Esan and Dr Julius B. Omodayo-Owotuga as Non-Executive Directors effective July 1, 2026

Tony Elumelu to step down as UBA chair, bank names successor

The financial institution also named a current non-executive director on the board, Emmanuel Nnorom, as its incoming group chairman, whose appointment will take effect on the same day Elumelu retires.

J.P. Morgan reshuffles senior private bankers in APAC and EMEA

She will relocate from the UK to Hong Kong to take on the new role and report to Harhika Patel, CEO of the Asia private bank.

World Bank Names Pontara Director for West Africa

Its action will focus on promoting jobs through strategic investments in infrastructure, energy, agriculture, digital connectivity and human capital, to support inclusive and sustainable growth.

Absa Bank Kenya Appoints Diana Mwaniki as the Acting Chief Financial Officer

War for talent in corporate and investment banking heats up

Deutsche Bank appoints Danelee Masia as Chief Country Officer for South Africa

She will oversee the bank’s activities across corporate banking, investment banking and research, ensuring alignment with Deutsche Bank’s global strategy, including the continued build-out of Sub-Saharan Africa coverage.

African Guarantee Fund appoints Mr. Constant N’ZI as Group Chief Executive Officer

Mr N’ZI has shown his ability to bridge the technical banking area with the leadership and relationship building required with all stakeholders.

Deutsche Bank appoints Danelee Masia as Chief Country Officer for South Africa

Leading the franchise, maintaining strong governance standards, and deepening engagement with clients, regulators and key stakeholders

Absa Bank Kenya CEO Abdi Mohamed resigns, eyes move to rival lender

Mr Mohamed, who assumed the top job at Absa Bank Kenya on May 1, 2023, is reportedly set to take up a leadership position at another bank within the Kenyan market.

Abidjan-Lagos highway megaproject enters new phase as Authority Board meets and appoints Chair

The project is expected to become a major driver of economic and industrial development in West Africa by 2030.

Executive Moves