NewsExpress banner First Bank Fashion Souk Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

South Africa gets first black woman bank MD

By Robert Laing on 30/03/2018

Gmail icon

Views: 1,864

•African Bank CEO Basani Maluleke
•African Bank CEO Basani Maluleke

African Bank has promoted Basani Maluleke from designate CEO to CEO, making her the first black woman to head a bank in SA.

Maluleke was named Brian Riley’s likely successor in August 2017 when he announced his intention to retire.

African Bank — the “good bank” salvaged from the collapsed JSE-listed group African Bank Investments Limited (Abil) and not part of its resurrected listing African Phoenix — also announced the launch of a transactional product branded My World on Thursday.

“Due for public launch later this year, My World will offer customers a unique family product that is supported by digital convenience and near-free pricing,” Maluleke said in a media release.

“We know that the banking landscape is competitive and that our customers have a wide range of banks to choose from. We think My World, which we will be updating the market on in future announcements, will add the value and price point that our customers demand.”

African Bank chairperson Louis von Zeuner said in Thursday’s statement: “Basani has been an integral part of executing African Bank’s turnaround strategy since her appointment as a non-executive in July 2015 and subsequent transition to group executive for operations on July 3 2017. We look forward to working with her in her capacity as CEO.”

•Credit (excluding headline): Business Day SA.

 

Source News Express

Posted 30/03/2018 12:50:10 PM

 

 

CLASSIFIED ADS

 

You may also like...
Army clears the air over operation Python Dance...

Army arrests 17 suspects involved in Plateau killings...

Miscreants attack Abuja-Kaduna train

IPOB declares Buhari’s Aba campaign rally a flop,...

LAUTECH ASUU calls off strike, fixes fresh exam...

MIRP congratulates Buhari

Defection: Akpabio visits Buhari in London

Edo fertilizer plant ready for commissioning — Obaseki...

Ijaw youths give oil firms deadline to relocate...

Unregistered number plates a threat to national security:...

Jimoh wan become Honourable for Abuja

NSCDC commences training to counter nuclear disaster

 

Latest News BREAKING: Explosion rocks Ebonyi school DSS bows to court; releases Sowore, Bakare ISWAP terrorists abduct 14, including two Red Cross workers Two Nigerian varsity students deported to Bosnia Don’t handcuff me in public, Orji Kalu begs prison warders Rape victim set on fire on way to court hearing How police officer murdered my son: Ex-Senator Titi Ajanaku’s death shocking - Obasanjo 2,000 repentant bandits surrender weapons to Zamfara Govt Eight dead, including children, in gas explosion Pirates kidnap 19 crew members from Greek tanker off Nigeria Kano Assembly defies court, passes new Emirates Bill

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (568,886 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (455,217 views) Shameless Genevieve Nnaji exposes breasts in public (404,999 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (339,707 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (306,557 views) 10 cars more expensive than Jets (290,125 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (260,607 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (259,379 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (240,829 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (227,332 views) Lagos plane crash: Journalist releases victims’ names (203,234 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (199,734 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (111) Business & Economy (4,610) Business Verdict (89) Columnists (1,154) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (715) Features (851) Global Business Monitor (497) ICT Monitor (71) International (4,299) Interview (216) Live Commentary (30) Love Matters (177) Maggie's Blog (505) News (54,862) Opinion (1,434) Pidgin (18) Politics (11,845) Religion (1,129) Sports (2,243) Stock Watch (40) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera