Managers of Wealth Africa

Heads roll at ABCH

Around US$8 million is expected in savings annually.

MTN Said to Name South Africa COO Ahead of CEO Arrival

The company has shaken up its executive ranks in the wake of a 330 billion ($1 billion) fine in Nigeria related to a regulatory order to disconnect subscribers, which contributed to the company’s first-ever half-year loss.

BAML names EMEA power, utilities and renewables head

Based in London, Chryssicopoulos will report to Ray Wood, head of global power investment banking, and Luigi Rizzo, head of EMEA investment banking.

Mozambique appoints IMF official as central bank governor

Investor confidence has also been shaken by revelations that the bulk of an $850m tuna bond meant to build a fishing fleet was channelled to maritime security.

StanChart cuts African private equity team as economies struggle

African economies have struggled over the last year with lower commodity prices, rising government debt and weakening currencies.

Tunisia Replaces Finance Minister as New Cabinet Talks Wrap Up

She has served in the ministry of for development and investment, and a director of Tunisia’s state bank focused on financing small and medium enterprises.

Emefiele Emerges Chairman Of African Central Banks

Governor of the Bank of Ghana as chairman of the West African sub-region

StanChart cuts African private equity team as economies struggle

African economies have struggled over the last year with lower commodity prices, rising government debt and weakening currencies.

The African Development Bank Group Appoints Hélène N'garnim-Ganga As General Counsel

She started her career as a lawyer in international private practice where she worked in New York and Paris as a Senior Counsel.

Absa Bank says Jason Quinn appointed Barclays Africa financial director

Quinn becomes an executive director of Barclays Africa and Absa Bank Limited

Mushosho lands top Old Mutual post

I know that I can count on the support of a very talented team in building on the great work done by Old Mutual stalwarts.

anyoption Signs South African Rugby Star JP Pietersen as Latest Brand Ambassador

Pietersen was part of the South African World Cup winning team in 2007

UBA’s GMD/CEO Kennedy Uzoka Takes Office

Kennedy Uzoka has assumed as the Group Managing Director and CEO of pan-African banking group, United Bank for Africa (UBA) Plc.

Safaricom hires Ronald Webb to head M-Pesa services

Prior to joining Equity bank Mr Webb was co-founder and chief architect of the Paynet and PesaPoint payment platforms in Zimbabwe and Kenya.

Swiss Re makes Middle East, Africa reinsurance appointment

Mr. Madzinga previously was regional CEO for south and east Africa at Pinelands, South Africa-based Old Mutual Life Assurance Co. Ltd.

Afreximbank names syndications and agency head

My role is going to give that new entity a strategic direction and focus.

Cohen & Steers Appoints Head of Funds & Sub-Advisory Sales for EMEA

He developed and executed wholesale and sub-advisory distribution strategies for products covering multiple asset classes.

Zimbabwe: Chitiga Appointed NSSA GM

Mr Vela said the new GM is a respected business leader globally.

Dan Sackey appointed new Ecobank MD for Anglophone West Africa

His appointment is subject to regulatory approvals.

Kennedy Uzoka Takes Over as Group Managing Director/CEO UBA

His appointment as the new GMD is seen as a testimony to the strength of the bank’s succession planning process.

Executive Moves