Managers of Wealth Africa

JP Morgan poaches Merrill Lynch exec for African banking ops

Kevin Latter to join as head of investment banking for Sub-Saharan Africa.

Atlas Mara appoints former Standard Chartered Bank executive to head Zambia acquisition

The London-listed financial services provider said in a statement that FBZ and BancABC Zambia, which it also owns, would eventually be merged into one commercial entity, without giving a timeframe.

Nigeria’s apex bank appoints new board for Skye Bank

He added that the CBN intervention is to ensure that it does not get into a position that it cannot be rescued while depositors will risk losing their monies.

MTN Hires Barclays Africa’s Van Coller for M&A as CFO Quits

MTN is moving to shore up its management team following a months-long battle with Nigerian authorities over the company’s failure to disconnect unregistered users amid an insurgency in the country.

Seni Adetu, Quintessential Business Executive, Joins Fidelity Bank

He boasts of 30 years of distinguished private sector experience, having worked with various multinational companies at home and abroad.

Does it matter that the new CEO of Africa’s largest telecoms company isn’t black?

A 2015-2016 report by the Commission for Employment Equity report showed that white South Africans still dominate the top tier of management, despite only making up 9% of the population.

GBST appoints head of EMEA

will be responsible for managing client activity and driving the ongoing regional growth of the group’s retail savings platforms for wraps, life and pensions and banks, and for institutional capital markets.

Tiger Brands ex-CEO becomes Deputy CEO at Barclays Africa

He will remain on the board but change from non-executive to executive director.

Old Mutual Makes Three Coronation Hires

The new investment offering will complement OMIG’s emerging market capabilities, the group said in a statement.

Strauss & Co bolstered by heavyweights

Kilbourn began his professional career in law, merchant banking and business in the 1990s.

IMC Announces Appointment of Mr. Deepak Premnarayen as President

In June 2014, Mr. Premnarayen was conferred the 'Indian Business Leader of the Year' award by 'Horasis Global India Business Meet' at Liverpool, UK.

Bank of America Merrill Lynch Hires Chief of European Mergers

Mr. Ferrari has more than 25 years of experience in the mergers and acquisitions business, working previously at Goldman Sachs and UBS before he joined Greenhill in 2012.

Old Mutual Wealth S.A CEO resigns

She has served as Head of the Listed Investment cluster of boutiques and also held the position of Director of Business Development

MTN’s new CEO can save its future as a phone company by making it a bank

He was a former head of investment banking at Standard Bank and managing director at Nedbank retail banking unit division.

Cim Global Business opens representative office in Johannesburg

Willem joins from Geneva Management Group Johannesburg where he was heading the Africa desk.

Ernest Agbesi is new MD of GCB Bank

The experienced banker is known in banking circles as ‘the bulldozer’ who personally lobbies for business.

Rob Shuter to resume duty as MTN Group President, CEO July 1 2017

Following the resolution of its Nigerian dispute, MTN has completed a review of its governance and management structures, it said.

Barclays Restructuring Banker Said to Join KKR’s Pillarstone

Private-equity firms such as KKR, which was founded by billionaires Henry Kravis and George Roberts, have expanded into new businesses

MTN Names Vodafone Executive as CEO in Wake of Nigeria Fine

He replaces Phuthuma Nhleko, who returned to lead Johannesburg-based MTN last year and oversee the 330 billion naira ($1.28 billion) settlement in Nigeria.

HSBC names new securities services head for MEA

HSBC promotes former head of securities services in India to run Middle East and Africa operations.

Executive Moves