CDC Group renames, adds Southeast Asia as its new focus area

GLOBAL – CDC Group, the UK’s development finance institution (DFI), has added Southeast Asia and the broader Indo-Pacific region as its new focus area for business expansion as it renames itself as British International Investment beginning April 2022. It has also appointed former Google executive Diana Layfield as its new chairperson. Layfield is the first woman to be appointed as chairperson and will be taking charge from Graham Wrigley, who will be stepping down early in 2022 after a transitional period. The British impact investor’s five-year strategy is now “tilting…

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Jumia taps former Britam Commercial Director Betty Mwangi as CEO

KENYA – E-commerce platform Jumia has announced the appointment of Betty Mwangi, as Kenya’s new Chief Executive Officer to take over from former boss Sam Chappatte. The company said Betty will focus on accelerating corporate growth. Betty is an engineer with 20 years of experience in the telecommunications, insurance, and pharmaceutical industries, she previously served as Group Commercial Director for Britam Group PLC from 2016 to 2021, a company she originally joined in 2013. She also worked as Director of Financial Services for Safaricom MPESA from inception in 2007 to 2016.  “Betty…

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CDC Group appoints Thithi Kuhlase-Maseko South Africa Head of Office and Coverage Director

SOUTH AFRICA – CDC Group, the UK’s development finance institution (DFI) and impact investor, is pleased to announce the appointment of Thithi Kuhlase-Maseko as its new South Africa Head of Office and Coverage Director. Thithi will lead CDC’s Johannesburg office, deepening the firm’s deal and portfolio-related activities in South Africa and further strengthening stakeholder relationships in the market. “I am pleased to have the opportunity to help drive CDC’s investment goals in South Africa. My role comes at an exciting time when South Africa is taking a bold step in…

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Denny Marandure appointed as CEO for Liquid Intelligent Technologies’ Raha Limited

TANZANIA – Liquid Intelligent Technologies has announced the appointment of Mr. Denny Marandure as the Chief Executive Officer (CEO) for Raha Limited, Tanzania. Denny Marandure joined Liquid in 2014 as the CEO of ZOL Zimbabwe until 2019 when he moved to Liquid South Africa as Group Executive Cloud and Digital Sales and then subsequently as Group Executive Enterprise Sales. “Denny is a proven senior executive who has the vision, strategic thinking, leadership and energy to successfully drive our Tanzania operations to newer heights of excellence,” Adil El Youssefi, Regional CEO…

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Transcorp appoints Joseph Adegunwa as new Chief Financial Officer

NIGERIA – The Board of Transnational Corporation of Nigeria Plc has announced the appointment of Mr Joseph Adegunwa, as the new Chief Financial Officer of the Company, effective from November 15, 2021. This is according to a statement signed by the Group Company Secretary, Kofo Olokun-Olawoyin, and filed with the Nigerian Exchange Limited (NGX). Joseph Adegunwa is an astute finance expert with experience in Finance, Audit, Advisory, Strategy and Investment Management. He has worked in different sectors including but not limited to banking, real estate, advisory and investment management, among…

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Standard Chartered appoints Bongiwe Gangeni to head Consumer, Private and Business Banking for EMEA region

AFRICA – Standard Chartered has appointed Bongiwe Gangeni as Head of Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval. Bongiwe will be based in Dubai when she joins the Bank in March 2022. Bongiwe is joining Standard Chartered from Absa, where she spent the last 14 years, most recently as a member of the Group Executive Committee, with the dual roles of Deputy Chief Executive Officer for Retail and Business Banking, and Head of Relationship Banking. Bongiwe’s successful career at Absa comprises…

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SEACOM appoints Tejpal Bedi as MD and Regional Head of Sales for ENEA region

ENEA – SEACOM, a Pan-African telecommunications services provider, has announced the new appointment of Tejpal Bedi to the role of Managing Director (MD) and Regional Head of Sales for the ENEA region, effective from 1 November 2021. According to a statement from the firm, Tejpal Bedi joins SEACOM with a wealth of experience in leading and driving high performing organisations within the telecommunications and ICT sectors in East Africa. Before joining SEACOM, he was MD of CloudSmiths East Africa, a position he has held since 2015. Prior to this, he…

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David Myers appointed as Chief Operations Officer of marketplace Aura

SOUTH AFRICA – AURA, a security and medical response marketplace, has appointed David Myers as its Chief Operations Officer replacing Co-founder Ryan Green, who is moving into a new role at the company. Previously a General Manager and Regional Operations Lead at Uber for Europe, Middle East & Africa, Myers brings with him decades of experience that will stand him in perfect stead for this position. “Start-up platform COOs should be very detailed and have the desire, grit and ability to understand how everything within the business works at all…

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Anglo American appoints Duncan Wanblad as CEO to replace Mark Cutifani

SOUTH AFRICA – Mining company Anglo American has chosen a 54-year old South African, Duncan Wanblad, as the successor to outgoing CEO Mark Cutifani, who steps down in April 201 after nine years at the helm. Wanblad was appointed group director for strategy and business development at Anglo in 2016, and also served as CEO of its base metals business from 2013 to 2019 and has spent most of his working career within the Anglo family. He is also a non-executive director of De Beers and Kumba Iron Ore and…

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Vodacom taps Safaricom’s Stephen Chege for Chief External Affairs Officer role

SOUTH AFRICA – Vodacom Group has tapped Safaricom’s chief corporate affairs officer Stephen Chege as its group chief external affairs officer. The announcement was made by Safaricom Chief Executive Officer Peter Ndegwa in a memo to Safaricom staff. “Steve will take up the role at Vodacom headquarters in Johannesburg and will be responsible for group regulatory, external and corporate affairs, public policy, communication strategy, media relationships, group corporate social investment, and sustainability,” said Mr. Ndegwa in the internal announcement. Mr. Chege’s appointment will take effect in mid-November 2021 and will…

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