Managers of Wealth Africa

Nedbank is looking for a new managing director for Zim unit

The new Nedbank MD will have to “assume operational accountability for the business performance” of Nedbank Zimbabwe, according to the vacancy posting.

Equity Bank enters Ethiopia

The entry of Equity Bank into Ethiopia a country with a population of nearly 100 million people, follows Ethiopia’s government appointment of a privatization commission and the ongoing reforms which are aimed at promoting a growing private sector.

Columbia Threadneedle names new EMEA CEO

He will start on 23 September 2019

Renaissance Capital launches FICC desk in Kenya

Cherotich Towett will be based in Nairobi.

Old Mutual to Fire CEO for Breaching Dividend Payment Rules

“The board came to the conclusion that there was a material breakdown in trust and confidence,” it said.

Goldman Sachs hired an energy banker from Evercore

Woodard started his career as an oil & gas, power, utilities and infrastructure analyst at JP Morgan in 2010.

MUFG Recruits FX Veteran as a Director

Sibert joined the firm’s London-based operations this week.

Kenya’s National Bank sends home hundreds of employees as it struggles to stay afloat leaving the fate of 650,000 customers hanging in the balance

The retrenchments implemented last year affected management ranks the most, with their number dropping to 721 from 791 in 2017.

Asisa appoints Thabo Khojane as chairperson

The Asisa board has welcomed Mila Mafanya, Afena Capital interim chief executive and head of equities, as a new board member.

Brokerslink appoints new Middle East and Africa manager from MDS Re

Mora replaces Ana Cristina Borges who is relinquishing her responsibilities with Brokerslink to become board director of MDS Portugal.

Hartwell joins AMC Trade Finance as General Manager

Hartwell brings with him more than 20 years of African banking and trade finance experience.

Neuberger Berman raids AllianceBernstein for intermediary EMEA and LatAM head

Reporting to Dik van Lomwel

JPMorgan names co-head of technology investment banking

JPMorgan has split its technology investment banking team from its TMT unit, as the sector becomes a larger revenue driver

Kenyatta Likely to Reappoint Njoroge as Central Bank Chief

Policies to keep Kenya’s currency stable likely to continue

Nigeria: Emefiele Takes Oath of Office Today

Just like he did at the beginning of his first tenure, Emefiele may in the coming days unfold his agenda for the central bank for his new five-year tenure, which will elapse in 2024.

South Africa’s Old Mutual suspends CEO after ‘breakdown in trust’

Moyo’s suspension comes just under a year after the listing of Old Mutual Ltd following the disentangling of the 173-year-old group’s conglomerate structure last year.

Wells Fargo Names John Langley Regional President for Europe, Middle East and Africa

Financial services industry veteran to lead overall strategy and execution for the region

Pradeep Menon joins HSBC as MD & Global Head of Data Engineering

Prior to this, Menon served a stint with General Electric (GE) where he was the Global Head and VP- Data Analytics for the conglomerate’s global digital hubs. He also held global leadership roles with the Maersk group and Dell.

Alexander Forbes moves to exit Uganda market

The firm says the operating environment for emerging markets businesses has proved difficult due to vulnerabilities faced by economies in the region.

Dia joins UBA Group Board

He is fluent in six languages

Executive Moves