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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 >>

