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New Appointments.

Compiled by Alexa Dalby

StanChart managers south and west

Standard Chartered Bank Kenya CEO Richard Etemesi has been promoted to head the lender's South African unit and will also be in charge of Zambia, Zimbabwe, Botswana and Mauritius. He was replaced as head of the Kenya and East Africa business by Gambian Lamin Manjang, who was chief executive of Stanchart Oman. Manjang is not new to the region having served as StanChart Uganda chief executive before his Oman move in August 2011.

Henry Baye is the new Head of Consumer Banking, Ghana. He rejoins the bank from the Merchant Bank Ghana, where he was Head of Consumer Banking. He takes over from Andrew Okai, recently appointed the Chief Executive Officer for Standard Chartered Zambia. Baye previously joined Standard Chartered Bank in 1997 as a management trainee and become Cluster Head of Wealth Management, West Africa.

Unity Bank appoints MD, EDs

Nigeria's Unity Bank has appointed Henry James Semenitari as its new Managing Director/CEO. Semenitari has over 22 years banking experience in banks such as Zenith, Diamond, United Bank for Africa, ACB International Bank and Continental Trust Bank. He also held senior Management positions in UBA, ACB International Bank, and Africbank Nigeria and First City Monument Bank. He is a Director and Board member of SWAP Technologies and Telecomms and American International Insurance Company (AIICO).

Abubakar Abba Bello and Ms Arese Alonge were appointed Executive Directors.

First for JSE chair

NONKULULEKO NYEMBEZI-HEITA takes over this year as new independent non-executive chairman of the Johannesburg Stock Exchange, the first black African and first woman to hold the position. She joined the exchange's board in June 2009 and was the chairwoman of the Bond Exchange of SA in 2004 before it was incorporated into the JSE. She will start as chair the day after the company's AGM in March and is retiring as CEO of ArcelorMittal.

Mawocha to be AfrAsia MD

Afrasia Bank Zimbabwe has appointed former Tetrad Bank managing director Tineyi

Mawocha (left) as its MD. Mwocha's banking career started at Standard Bank South Africa where he rose to the position of Standard Bank Swaziland chief executive officer. In 2012 he returned to join Tetrad Bank as managing director. Sylvester Dendere who has been acting in the capacity of managing d i re c t or ha s retained his position as deputy MD for the bank.

A first for sUBA Ghana and new Africa chair

United Bank for Africa (UBA) has appointed a new board chairman, Ambassador Joe Keshi. He was first appointed to the UBA Board in 2010.

Mrs Rose Ada Okwechime was appointed Vice Chairman. She is the Managing Director of the Abbey Building Society.

Mrs Abiola Bawuah is the new MD/ CEO of UBA Ghana, its first Ghanaian and first woman head. Oliver Alawuba is promoted to CEO West Africa. She was previously ED at Zenith Bank.

New four at Access Bank

Nigeria's Access Bank has announced four new executive appointments in the wake of the impending retirement of CEO Aigboje Aig-Imoukhuede.

The role of chief operating officer and deputy group managing director goes to Obinna Nwosu. He has been with Access Bank since 2002 and held the position of head of retail banking until December 2012, when he took a year's study leave. Nwosu assumes his new position with over two decades of banking experience garnered from Access Bank and Guaranty Trust Bank.

Mrs Ojinika Olaghere, who joined Access Bank in 2007 from Ecobank, assumes the role of executive director of operations and information technology while Elias Igbinakenzua, who joined from Zenith Bank, where he was executive director of corporate banking, has been made executive director of corporate and investment banking.C Roosevelt Ogbonna, a former divisional head in the corporate banking team, is now an executive director of corporate banking. He joined from Guaranty Trust Bank in 2002.

Okonkwo to be new Fidelity CEO

Nnamdi John Okonkwo takes overthis month as Managing Director and Chief Executive Officer of Nigeria's Fidelity Bank. Previously he was an Executive Director in charge of the bank's South Directorate.

He has over 23 years of experience in banking at UBA Ghana and Guaranty Trust Bank as well as at Fidelity Bank.

Ssa appointed PTA Bank chair

The Eastern and Southern African Trade and Development Bank (PTA Bank) has appointed Professor Oliver Ssa as chairman of its board of directors.

The board comprises representatives from member states and for the first time includes two women. Professor Ssa, who is the managing consultant and chief executive officer of Premier Consult in Lusaka, has been involved with the PTA Bank for many years.

First woman ED for NIC

NIC Bank has appointed Margaret Kimuma (right) as executive director to replace James Wanyika, the f irst woman and f irst top executive appointment under new CEO John Gachora. She has been at NIC since 2010, most recently as director of credit management and before that at Barclays.

Mboweni joins health insurer

JSE-listed health insurer, Discovery, has appointed former South African central bank governor Tito Mboweni as non-executive director on its board. Mboweni, who has a scholarly, governmental and commerce vocation extending over 30 years, has substantial experience in financial and political analysis, finance, labour relations, public policy and macro-level economy strategy and design. He was Minister of Labour in South Africa's first postapartheid government from 1994 to 1998 and was later appointed central bank governor, a position he held for 10 years.

Swaziland swaps governor and minister

Majozi Sithole has been appointed as the new Governor for the Central Bank of Swaziland after serving for 13 years as Minister of Finance. With 15 years in politics, where he served as minister for economic planning and development, before he was moved to the finance ministry in 2001.C Sithole replaces the outgoing governor, Martin Dlamini, in a swap that sees Dlamini assuming the portfolio of Minister of Finance. C

Jaiz Bank appoints new MD

Jaiz Bank Plc, the first full-fledged non-interest bank in Nigeria, has appointed Muhammad Nurul Islam from the Islami Bank Bangladesh as its new managing director/CEO. He has over 30 years experience in noninterest Islamic Banking.

Somalia appoints interim bank chief

Bashir Isse Ali is interim Central Bank Governor. Ali has previously served as Deputy Governor and Governor of the Central Bank, was CEO of the Commercial Savings Bank of Somalia and served as both Deputy Governor and Governor of the Central Bank of Somalia.

Beecham to chair Access

Seasoned lawyer and a past National President of the Ghana Bar Association, Frank Beecham

Sudan names new central bank governor

Abdel Rahman Hassan has been named new central bank governor replacing former f inance minister Mohamed Khair al-Zubair, who had served as central bank governor since 2011. He has headed the state-run Omdurman National Bank since 2006. ua

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Publication:African Banker
Date:Feb 17, 2014
Words:1148
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