Managers of Wealth Africa

Standard Bank appoints first black woman to head up its wealth unit

At a group level, Standard Bank appointed Lungisa Fuzile as the head for SA operations in December last year.

Bain appoints new leaders for Europe and MENA private equity practice

A Harvard Business graduate and eight-year former BCG consultant in the UK, Elton has been with Bain for nearly two decades, appointed to lead the firm’s EMEA private equity practice in 2005.

KPMG SA picks outsider as CEO after scandals

Ignatius Sehoole is currently the deputy CE of PwC’s domestic unit.

Sameera here with Standard Bank

On moving to the Isle of Man, Sameera said: ‘South Africa will always be home but we did want to experience life in another country.

South African state pension fund says CEO resigns

In 2017, Matjila was cleared of wrongdoing by an internal audit committee that looked into misconduct allegations.

Barclays Private Bank appoints Head of Investments for EMEA

With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owner

UBA bank boss departs under cloud of bad loans

Mr Mwige was the first Kenyan to head the bank when he was appointed in August 2014.

Libyan wealth fund to hire auditors in push to unfreeze assets

Libya’s economy has collapsed, and the fund could eventually be an important source of finance for the war-torn country.

Standard Bank’s Ben Kruger announces retirement

He will remain a non-executive director of the bank’s Nigerian and UK partnerships with the Industrial and Commercial Bank of China

Morgan Stanley names new Europe head of private equity banking

Massimiliano Ruggieri, Morgan Stanley’s head of investment banking for Italy, has been promoted to run financial sponsors for Europe, the Middle East and Africa, the bank confirmed.

KCB loses 861 workers in banking’s year of turmoil

KCB hired 144 new employees, or less than a fifth of the number that left, reducing the bank’s total headcount to 6,483 -- the lowest in four years.

Retired Mediclinic CEO appointed to Capitec board

The appointment will be effective from 28 November 2018.

Khaya Gobodo to succeed Dave Macready at Old Mutual Wealth and Investments

"He is the recipient of the prestigious 2018 manager of the year award at the recent Annual achievement awards of the black management forum for his contribution to the achievement of transformation and managerial leadership development in South Afri

Khaya Gobodo to head Old Mutual’s wealth and investment unit

Traditional investment houses and asset managers are under pressure to attract more black talent to executive roles

SANNE bolsters its Management Company with senior promotion

With her experience within the asset management and banking industry, Karlien’s insights will ensure that SANNE remain at the forefront in creating sustainable future-fit product solutions for our clients.

Generali appoints new Head of Business Development

John’s extensive experience in the Middle East and Asia, and familiarity with the IPMI market will be extremely valuable for us as we accelerate our growth.

Bank top manager replaced over sexual harassment claim

The bank, through its designate chairman David Ansell will Wednesday post a statement in Facebook indicating that the manager has been dismissed.

Citigroup appoints head of EMEA investment banking

Drury, who previously worked with Citi's European equity capital markets business, will start in his new role immediately, pending final regulatory approval.

Absa announces new corporate and investment banking CEO

Russon has been a member of the Absa Group (previously Barclays Africa Group) executive committee since January 2014.

Neuberger Berman hires BlackRock’s Meijaard to advisory role

Meijaard was previously BlackRock’s executive chairman for the Benelux region, a position he had held since 2015.

Executive Moves