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PEOPLE T  WATCH








                PROFILING INFLUENCIAL MOVERS AND SHAKERS IN AFRICAN BUSINESS
                                                     ... in the Absa Group’s implementation of its new operating model that
                                                     was announced in April, with four core businesses, each headed by a
                                                     chief executive. These are Retail and Business Banking (RBB); Corporate
                                                     and  Investment  Banking  (CIB);  Rest  of  Africa;  Wealth,  Investment
                                       IN FINANCE
                                                     Management and Insurance (WIMI),” the bank said.   IN AGRIBUSINESS
                                                     These are Retail and Business Banking (RBB); Corporate and Investment
                                        ...Wan Kamaruzaman leaves KWAP after more than five years at the helm
                                                     Banking (CIB); Rest of  Africa; Wealth, Investment Management and
                        CHARLES         of Malaysia’s second biggest pension fund. Details regarding his plans
                                                                                        SYED HAMADAH
                                                     Insurance (WIMI),” the bank said.
                        RUSSON          couldn’t immediately be learned. Syed Hamadah is joining from Actuarial
                                                                                        OTHMAN
                                        Partners Consulting, where he served as a director and leader of the
                                                     Russon has previously worked for Merrill Lynch and Deutsche Bank in
                                        firm’s retirement business. A spokesman for Actuarial Partners couldn’t
                                                                          Syed Hamadah Othman has been appointed
          Absa Group has  announced the appointment   Europe before joining Absa Capital as CFO in 2006. He later became
                                        immediately be reached.
          of Charles Russon as  the new  chief executive   CIB chief operating officer (COO) before taking up a role as regional
                                                                          CEO of Kumpulan Wang Persaraan, the 140.8
          officer (CEO) of corporate and investment   head of finance for the group in 2012. Russon has been a member of
                                                                          billion ringgit ($33.9  billion), Kuala Lumpur-
                                        The appointment of a new CEO at KWAP, effective Nov. 1 is the latest high-
          banking, and Paul O’Flaherty as chief executive:   the Absa Group (previously Barclays Africa Group) executive committee
                                                                          based pension fund for public sector employees
                                        level institutional investor leadership change since Malaysia’s general
          engineering services. Both appointments were   since January 2014. He is currently the chief executive for engineering
                                                                          in Malaysia. Syed Hamadah replaces Wan
                                        election on May 9, which saw the first change of government since the
                                                                          Kamaruzaman Wan Ahmad in that role,
          effective November 2018 and are both subject   services, and his responsibilities include overseeing the group’s
                                        country’s independence from Great Britain in 1957.
          to regulatory approvals. The appointments are a   technology infrastructure, data and security.
                                                                          according  to  an  announcement  by  the  fund,
          significant step forward...   read more >>                      which is known as KWAP...    read more >>
                                       IN TELECOMS                                                     IN BUSINESS
                        CALVO                                                           EGIDIO
                        MAWELA                      BONGANI                             MONTEIRO
          Africa’s tech giant Naspers announced that Calvo   MAGEBA:      DHL Global Forwarding, the leading international
                                         ... Monteiro has contributed his expertise in various roles across both
          Mawela has been appointed Group chief executive   ABSA WANTS    provider of air, sea and road freight services, has
                                         DHL Express and DHL Global Forwarding divisions, covering a range of
          officer of the newly established MultiChoice Group.   FINANCIAL   appointed Egidio Monteiro to take on the role
                                         disciplines from express delivery to air freight and oil and gas logistics.
          Mawela has an engineering background and has   ADVISERS         of chief executive officer, Southern Africa, with
                                                    ...of managing critical business and regulatory issues in South Africa and
                                         Having started his career with DHL Express in 2001 as an operations
          served as an executive within the MultiChoice Group   the rest of the continent. Within the broader Naspers Group, Calvo has held
                                                                          effect from 1 October 2018. He will focus on
                                                    WHO SHARE
                                         supervisor, Monteiro later progressed to lead sales for oil and energy
          since  2007. With  over 17 years in broadcasting,   senior roles in Orbicom and MWEB. He has also served as a Councillor on
                                                                          further boosting cross-border collaboration and
                                         sector and gateway hub operations.
          Calvo brings with him rich and varied experience   OUR VISION   customer service as part of growth strategy for
                                                    the Digital Migration Advisory Council of the Minister of Communications.
          and a proven track record...   read more >>  TO JOIN US         the region. Over the years...    read more >>
                                   IN INFRASTRUCTURE                                                 IN AUTOMOTIVE
                                         ... October, 2018. Adebise has been part of the Bank’s executive
                                         management team since 2009 and has played a pivotal role in the
                        DR. DOROTHY                                                     ADEMOLA
                                         execution of the strategic turnaround plan of the Bank. He has over
                                                                                        ADEBISE
                        NYAMBI           28 years’ experience in the banking industry (inclusive of 4 years in
                                         management consulting), and has worked in various capacities in
          The board of Mennonite Economic Development   ...speaking English and French. Her background includes
                                                                          Wema Bank Plc. has announced the appointment
                                         Information Technology, Financial Control & Strategic Planning, Treasury,
          Associates (MEDA) has announced the       more than 20 years of international development policy and
                                                                          of Ademola Adebise as the Managing Director/
                                         Corporate Banking, Risk Management and Performance Management.
                                                                          Chief Executive Officer of Wema Bank following
          appointment of Dr. Dorothy Nyambi as the   programming experience at the strategic and analytical level, with
                                         Before joining Wema Bank Plc. Mr Adebise was the Head, Finance and
          organization’s next chief executive officer and   country, regional and continental scope.
                                                                          the retirement of Segun Oloketuyi in September.
                                         Performance Management Practice at Accenture (Lagos Office), where
          president. She will succeed Allan Sauder, who is                He was initially appointed the Acting Managing
                                         he led multiple successful projects for banks in Business Process Re-
          retiring from a role he has held for the past 16   She has work experience in Africa, Asia, the Middle East, Eastern
                                                                          Director  in  July  after  Oloketuyi  proceeded  on
                                         engineering, Information Technology and Risk Management.
          years. Dorothy is a dual citizen of Canada and   Europe, Latin America, the Caribbean and North America.
                                                                          terminal leave in July 2018.  Adebise assumed
          Cameroon and is bilingual, ...   read more >>                   the new role in...           read more >>
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