50 Most Reputable Bank CEOs in Africa Announced
History has proven that crisis often births innovation. This can be observed in the African banking sector.
Over the past decade, the dampening
profitability has led to
unprecedented innovation being stirred up from
first-time customer channels, automation, and the new back-office technologies.
The most recent crisis the world witnessed
was the Covid-19 pandemic, which struck a blow to the banking industry
across the globe; most specifically the African banks have seen a decline in the average
return on equity (ROE) from 14% in 2019, to 7% in 2020 (McKinsley,2021).
These statistics are significantly better than the average return on
equity (ROE) expected from developed markets, which is estimated to dip
below 1.5% in 2021, before rebounding to initial levels pre-pandemic of 9%.McKinsey
reports it may take the developed markets up to 5 years to recover
from the crisis, which is longer than the 3 years estimated for African
banks, this is due to them taking effective government interventions and
taking measures that best tackles the virus.
So if economic recovery goes as planned, by
2022 the African banks should rebound to their pre-Covid-19 revenue levels, whilst the
banks in developed markets will only rebound by 2024.
The African banks analyses in the McKinsey
report belongs to four of
Africa's biggest economies – Kenya, Morocco, Nigeria,
and South Africa.
The power minds behind the resilience
showed by African banks to rebound faster to pre-crisis levels, had to be
implemented by well knowledgeable, and high-profile open-minded thinkers who make
decisions for Banking institutions.
Leading banks have a proper and
well-defined pattern of operation Model constructed by a major
in-house innovative mind-a leader; these are Bank CEOs and MDs. Those in
these positions are those who deploy strategies significantly to be
able to respond to changes in the market. There are no fluke approaches in
such attained heights and results. They not only manage new operating
models but also sustain a more functional innovation program
that banks retain to their advantage as fintech systems progresses.
This year, Reputation Poll International
LLC, a leading global reputation-management firm finds it necessary to recognize the
Banking sector, which plays a major role in our society, connecting people, linking up
businesses and influencing the economy directly or indirectly.
As part of our annual ranking; the Executive
Appraisal of Reputable individuals from all works of life, after extensive research on
various playmakers (the CEO’s) in the African Banking sector, we choose to recognize
the following 50 Most reputable Bank CEOs in Africa.
Those who have built and played an
imperative role in revolutionizing the banking sector based on the following
criteria; Excellence, Integrity, Reliability, Expertise, Technology, and ease of credit.
They have helped their Banks attain a great height of performance.
Included in this list is the Oldest CEO by
the name of Othman Benjellouna, a Moroccan banker billionaire businessman. He is the co-founder
of Bank of Africa and BMCE Bank. Also serving as the Chairman and Chief
Executive Officer in 2021, his net worth is estimated by Forbes to
be US$1.3 billion.
More details are available on
www.reputationpoll.com
Kindly note that the ranking is in
alphabetical order.
1.
Abdulmajid M. Nsekela Male,
CRDB Bank Plc. Tanzania
2.
Abena Osei-Poku || Female ,
Absa Bank Ltd, Ghana.
3.
Ade Ayeyemi || Male, Ecobank
Group, Nigeria.
4.
Alain Law Min|| Male, Mauritius
Commercial Bank, Mauritius.
5.
Alan Pullinger|| Male,
FirstRand South Africa.
6.
Alice Kilonzo-Zulu|| Female,
Ecobank Rwanda.
7.
Baronice Hans|| Female, Bank
Windhoek, Namibia.
8.
Charles Mudiwa|| Male, Stanbic
Bank Ltd. Kenya.
9.
Daniel Mminele|| Male,Barclays
Africa , South Africa.
10.
Diane Karusisi|| Female, Bank
of Kigali, Rwanda.
11.
Ebenezer Onyeagwu|| Male,
Zenith Bank, Nigeria.
12.
Emeka Okonkowo|| Male, Union
Bank of Nigeria.
13.
Emmanuel Assiak|| Male,
Afreximbank, Egypt.
14.
Ekundayo Gilpin|| Male, Rokel
Commercial Bank, Sierra Leone.
15.
Fani Titi ||Male, Investec Bank
PLC, South Africa.
16.
Faustin Rukundo Byishimo||
Male, Access Bank (Rwanda) Plc. Rwanda.
17.
Gerrie Fourie|| male Capitec
Bank PLC, South Africa.
18.
Halima Buba|| Female, SunTrust
Bank. Nigeria.
19.
Hussein Majid Abaza|| Male,
Commercial International Bank, Egypt.
20.
Hylton Kallner|| Male,
Discovery Bank, South Africa.
21.
Ifie Sekibo|| Male, Heritage
Bank Nigeria.
22.
Ireti Samuel-Ogbu|| Female,
Citibank Nigeria.
23.
Jacques Celliers|| Male , First
National Bank, South Africa.
24.
James Mwangi|| Male, Equity
Bank of Kenya.
25.
Jennifer Riria|| Female, Kenya
Women Microfinance Bank, Kenya.
26.
Joshua Nyamweya Oigara|| Male,
Kenya Commercial Bank Group, Kenya.
27.
Joshua Oigara|| Male, KCB Bank
Kenya.
28.
Julian Kingsley Opuni|| male,
Fidelity Bank Ghana.
29.
Kweku Bedu-Addo|| Male,
Standard Chartered, South Afrca.
30.
Leina Gabaraane|| Male, Stanbic
Bank, Zambia.
31.
LuÃs Roberto Gonçalves|| Male.
CEO of Banco de Fomento Angola.
32.
Lungisa Fuzile|| Male, Standard
Bank, South Africa
33.
Macfussy M Kawawa||Male,
National Bank of Malawi.
34.
Mansa Nettey|| Female, Standard
Chartered Bank of Ghana.
35.
Mareme Mbaye Ndiaye|| Female,
Société Générale Cameroun.
36.
Martha Murorua || Female,
Nedbank Namibia
37.
Mercia Geises|| Female,
Standard Bank, Namibia.
38.
Michael William Thomas Brown||
Male, Nedbank group, South Africa.
39.
Miriam Olusanya|| Female, The
Guaranty Trust Holding Company Plc, Nigeria.
40.
Mohamed El Kettani|| Male,
Attijariwafa Bank. Morocco.1
41.
Nasim Mohamed Devji|| Female,
Diamond Trust Bank Group, Kenya.
42.
Noellie Tiendrebeogo|| Female -
CEO, UBA Burkina Faso.
43.
Othman Benjelloun|| Male, BMCE
Bank, Morocco (90 years old).
44.
Rui Barros|| Male, Absa Bank
Mozambique
45.
Samuel Minta|| Male, Stanbic
Bank, Botswana.
46.
Steven Lefentse Bogatsu|| Male,
First National Bank of Botswana.
47.
Todd Wilcox|| Male, HSBC,
Egypt.
48.
Tsehay Shiferaw|| Male, Awash
Bank Ethiopia.
49.
William Mpinganjira|| Male, FDH
Bank, Malawi.
50.
Yemisi Edun|| Female, First
City Monument Bank, Nigeria.
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