Standard Chartered Bank Kenya adds two new directors to its board

KENYA – Standard Chartered Bank Kenya has appointed two new directors to replace Eng. Patrick Obath and Ian Bryden who left the board one month ago. The new directors are technology and innovation expert Nivedita Sharma and banking professional Birju Sanghrajka. Nivedita will serve as a non-executive director on the board chaired by Kellen Eileen Kariuki. She is a tech expert and currently serves as the Chief Operating Officer at BRCK, a software company that provides free public Wi-Fi to low-income neighborhoods in Nairobi. Nivedita Co-founded eLimu, a company credited for digitizing…

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Telkom South Africa CEO Sipho Maseko to step down after eight years at the helm

SOUTH AFRICA -Telkom South Africa group Chief Executive Officer (CEO) Sipho Maseko is leaving the telecommunications company after eight years at the helm. In a press statement, the Johannesburg Stock Exchange-listed firm says Maseko will step down as group CEO and executive director of Telkom and its subsidiaries on 30 June 2022. The process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future, says the telco. The statement added that Maseko would, for the remainder of his tenure,…

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British Arab Commercial Bank announces major appointments to strengthen its leadership

AFRICA – British Arab Commercial Bank (BACB), an international wholesale bank dedicated to specialist markets, has announced a series of key appointments to strengthen the bank’s leadership. These appointments, that follow the naming of Eddie Norton to the CEO’s post in October 2020, are expected to enhance its risk strategy framework and focus on growing trade finance flows in key North African markets and re-positioning its UK Real Estate business. Stephen Bell has been appointed as Managing Director and Chief Risk Officer. Recently serving as Chief Executive and Chair of…

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African Leadership Academy appoints first female CEO

AFRICA – The African Leadership Academy (ALA) has appointed Bilha Ndirangu as its Chief Executive Officer, the first woman to hold the post to succeeding the institution’s co-founder Chris Bradford. Ms. Ndirangu becomes the institution’s 3rd CEO and is the first Kenyan and first woman to head the academy. Prior to the appointment, Bilha was the CEO of Africa’s Talking (AT), a Pan-Africa mobile technology company that supports software developers. During her 7 years tenure at AT, Bilha oversaw the company’s incredible growth from a workforce of about 8 to over…

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GTBank Limited appoints Miriam Olusanya as the new managing director

NIGERIA – The Board of Directors of Guaranty Trust Holding Company Plc (GTCO) has appointed Miriam Olusanya as the new managing director of GTBank Limited, its subsidiary. Miriam Olusanya has over 23 years’ banking experience that cuts across Transaction Services, Asset and Liability Management, Financial Markets, Investment Banking and Investor Relations. She holds a Bachelor of Pharmacy (B. Pharm) degree from the University of Ibadan, Nigeria and a Master of Business Administration (Finance and Accounting) from the University of Liverpool, United Kingdom. The has also attended several executive management and…

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Online travelling company Wakanow appoints Adenike Macaulay as its CCO

NIGERIA – Wakanow, an online travel company, has announced the appointment of Mrs. Adenike Macaulay as the company’s Chief Commercial Officer (CCO). According to a statement issued by the company on Monday, the Chief Executive Officer, Wakanow, Mr Bayo Adedeji, expressed confidence in the capacity of the new CCO. They said Macaulay would bring on board an invaluable and dynamic contribution to the company by expanding the already thriving commercial opportunities in the business, thereby enhancing the objectives and continuous growth of the company. Speaking on her appointment, Macaulay said…

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Standard Bank appoints acting CEO in Mozambique after US$4.6m fine

MOZAMBIQUE – Standard Bank has appointed an unnamed acting Chief Executive Officer to replace the outgoing country MD, Adimohanma Chukwuma Nwokocha, who was fined roughly R1.5 million (US$103,405) by the Bank of Mozambique for fraudulent activities, following an on-site inspection by the bank. Also fined was Domingos Francisco Madeira, director of corporate and investment banking “for serious infringements of prudential and exchange rate nature,” according to a statement by the Bank of Mozambique. Madeira was fined the equivalent of R3.3 million (US$227,492). Standard Bank was fined the equivalent of R66.18…

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AfDB appoints Cesar Augusto Mba Abogo as Country Manager for Mozambique

MOZAMBIQUE – The African Development Bank Group (AfDB), has announced the appointment of Mr. Cesar Augusto Mba Abogo as Country Manager, designated for Mozambique Country Office, effective 16 August 2021. Mr. Cesar Augusto Mba Abogo, a citizen of Equatorial Guinea, is an Economist and a writer with more than 15 years of experience in natural resource economics, development economics, public policy and international negotiations. From April 2019 to October 2020, he served as Minister of Finance, Economy and Planning for the Republic of Equatorial Guinea. He was appointed during challenging…

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Flutterwave appoints Oluwabankole Falade as its new CRGRO

NIGERIA – Flutterwave, a payment technology company in Africa has announced the appointment of Mr. Oluwabankole Falade, as its new Chief Regulatory and Government Relations Officer (CRGRO). Flutterwave said Falade new role would include ensuring that the operations of the company are aligned with the policies of the agencies of government that regulate its activities. He is also expected to provide strategic oversight and government relation strategies to support Flutterwave’s vision. “We’re grateful for the conducive regulatory environments that have helped us carry out our business, safely and in the…

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Liquid Intelligent Technologies appoints Martin Mushambadope as the new CEO for South Sudan

SOUTH SUDAN – Pan African technology group Liquid Intelligent Technologies, has appointed Martin Mushambadope as the Chief Executive Officer for its operations in South Sudan. Martin brings over 20 years of experience, having worked for various industries such as telecommunications, health insurance, banking, and audit practice. In addition, he has vast International experience being exposed to working environments in Singapore, United Kingdom, Kenya, Ghana, and Zimbabwe. Adil El Youssefi, Regional CEO, Liquid Intelligent Technologies, East Africa said, “Martin is a seasoned, well-respected, experienced senior executive, and he is the right leader to…

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