5 Kenyans Among Africa’s 50 Reputable Bank Chief Executives
By Korir Isaac / Published September 17, 2021 | 10:49 am
These CEOs are responsible for building and playing an important role in revolutionizing the banking sector based on the following criteria; Excellence, Integrity, Reliability, Expertise, Technology, and ease of credit.
Of all the economic sectors that the recent COVID-19 crisis mostly hit, banks were well among the worst hit. It dampened profitability, affected their lending capacity, and in some, saw a rise in bad loans.
African banks, in particular, saw the average return on equity (ROE) plummet from 14% in 2019 to 7% in 2020. According to a report by McKinsey, these statistics are significantly better than the average ROE expected from developed markets. These markets are estimated to dip below 1.5% in 2021, before rebounding to initial levels pre-pandemic of 9%.
It is projected that banks in developed markets may take up to 5 years to recover from the effects of COVID-19 compared to Africa’s 3 years. Reasons have been attributed to African bank’s adoption of effective government interventions and taking measures that best tackle the crisis.
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If all goes well, that means that African banks will go back to the pre-Covid-19 levels by 2022. The key to the success and the much-desired growth rests on the shoulders of well knowledgeable, and high-profile open-minded thinkers who make the right decisions for Banking institutions.
Bank Chief Executives and Managing Directors are responsible for conceptualizing and implementing a proper and well-defined pattern of operation. They 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.
In 2021, Reputation Poll International LLC, a leading global reputation-management firm, after extensive research of the various bank CEO’s across Africa, ranked these bank leaders in a list dubbed 50 Most reputable Bank CEOs in Africa.
These CEOs are responsible for building and playing an important 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 reach great heights in terms of performance and service.
Found in the list are 5 Kenyan bank CEOs, which include:
- Charles Mudiwa – Stanbic Bank Ltd. Kenya.
- James Mwangi – Equity Bank of Kenya.
- Jennifer Riria – Female, Kenya Women Microfinance Bank, Kenya.
- Joshua Nyamweya Oigara – Male, Kenya Commercial Bank Group, Kenya.
- Nasim Mohamed Devji – Female, Diamond Trust Bank Group, Kenya.
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The rest of the CEOs (ranked alphabetically) include:
- Abdulmajid M. Nsekela – Male, CRDB Bank Plc. Tanzania
- Abena Osei-Poku – Female, Absa Bank Ltd, Ghana.
- Ade Ayeyemi – Male, Ecobank Group, Nigeria.
- Alain Law Min – Male, Mauritius Commercial Bank, Mauritius.
- Alan Pullinger – Male, FirstRand South Africa.
- Alice Kilonzo-Zulu – Female, Ecobank Rwanda.
- Baronice Hans – Female, Bank Windhoek, Namibia.
- Daniel Mminele – Male, Former CEO Absa, South Africa.
- Diane Karusisi – Female, Bank of Kigali, Rwanda.
- Ebenezer Onyeagwu – Male, Zenith Bank, Nigeria.
- Emeka Okonkowo – Male, Union Bank of Nigeria.
- Emmanuel Assiak – Male, Afreximbank, Egypt.
- Ekundayo Gilpin – Male, Rokel Commercial Bank, Sierra Leone.
- Fani Titi – Male, Investec Bank PLC, South Africa.
- Faustin Rukundo Byishimo – Male, Access Bank (Rwanda) Plc. Rwanda.
- Gerrie Fourie – male Capitec Bank PLC, South Africa.
- Halima Buba – Female, SunTrust Bank. Nigeria.
- Hussein Majid Abaza – Male, Commercial International Bank, Egypt.
- Hylton Kallner – Male, Discovery Bank, South Africa.
- Ifie Sekibo – Male, Heritage Bank Nigeria.
- Ireti Samuel-Ogbu – Female, Citibank Nigeria.
- Jacques Celliers – Male, First National Bank, South Africa.
- Julian Kingsley Opuni – male, Fidelity Bank Ghana.
- Kweku Bedu-Addo – Male, Standard Chartered, South Africa.
- Leina Gabaraane – Male, Stanbic Bank, Zambia.
- Luís Roberto Gonçalves – Male. CEO of Banco de Fomento Angola.
- Lungisa Fuzile – Male, Standard Bank, South Africa
- Macfussy M Kawawa – Male, National Bank of Malawi.
- Mansa Nettey – Female, Standard Chartered Bank of Ghana.
- Mareme Mbaye Ndiaye – Female, Société Générale Cameroun.
- Martha Murorua – Female, Nedbank Namibia
- Mercia Geises – Female, Standard Bank, Namibia.
- Michael William Thomas Brown – Male, Nedbank group, South Africa.
- Miriam Olusanya – Female, The Guaranty Trust Holding Company Plc, Nigeria.
- Mohamed El Kettani – Male, Attijariwafa Bank. Morocco.
- Noellie Tiendrebeogo – Female – CEO, UBA Burkina Faso.
- Othman Benjelloun – Male, BMCE Bank, Morocco (90 years old).
- Rui Barros – Male, Absa Bank Mozambique,
- Samuel Minta – Male, Stanbic Bank, Botswana.
- Steven Lefentse Bogatsu – Male, First National Bank of Botswana.
- Todd Wilcox – Male, HSBC, Egypt.
- Tsehay Shiferaw – Male, Awash Bank Ethiopia.
- William Mpinganjira – Male, FDH Bank, Malawi.
- Yemisi Edun – Female, First City Monument Bank, Nigeria.
More details are available on www.reputationpoll.com
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