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    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

    We will not layoff Vodafone staff – Telecel

    Petrol to sell for GHS15 in February – IES

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

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    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

    Gold for oil policy will reduce pressure on forex – Bawumia

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    MTN to fight $773m tax bill from government

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    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

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Chief Executive of Barclays Africa Kennedy Bungane resigns

bycitibusinessnews
June 2, 2014
in Banking And Finance, Business
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Chief Executive of Barclays Africa Regional Management and Head of Strategy, Kennedy Bungane has resigned.

His resignation takes effect from 18 June 2014.

It’s unclear where he will be heading to but a statement from Barclays Africa Group Limited said Mr Bungane had resigned to pursue other business interests.

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In the interim, the Barclays Africa executive will assume accountability for Kennedy’s portfolio in addition to their current responsibilities.

Kennedy, whose career spans over 23 years in the banking industry, said: “After a fulfilling career I have decided to change industries and gain new experiences. I am privileged to have played a part in the creation of Barclays Africa, which has been the highlight of my banking career. I am most grateful to Maria Ramos and my Africa Executive colleagues for the opportunity to contribute to building the ‘Go-To’ bank in Africa and for the friendships and support as we have worked together to redefine banking on the continent.”

Maria Ramos, Group Chief Executive of Barclays Africa, said: “We would like to extend our thanks to Kennedy for his valuable contribution. Notably, this includes the role that he has played in supporting the creation of the Barclays Africa Group and the development and execution of our African growth strategy. We wish him the very best for his continued success.”

“In February this year, I outlined a number of targets and priorities for the Barclays Africa Group. These include increasing the share of our non-South Africa business to 25% and becoming a top three bank by revenue in our four biggest markets outside of SA by 2016. We remain on track to deliver on these and are fully committed to resourcing our talent, our operating model and driving the growth strategy across all Barclays Africa Group’s territories,” concludes Ramos.

By:  Vivian Kai Mensah/citifmonline.com/Ghana

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