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Absa Group has confirmed the appointment of M-PESA Africa chief executive Sitoyo Lopokoiyit as the new head of its Personal and Private Banking division, marking a significant leadership move as the South African lender accelerates its pan-African growth strategy. The move, first reported by South African business publication Business Day, has now secured regulatory approval from the South African Reserve Bank, clearing the way for Lopokoiyit to assume the role in April. His appointment is notable on several fronts. He becomes the first non-South African to lead Absa’s Personal and Private Banking unit, one of the group’s largest and most…
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The I&M Select Banking Sapphire Club, by I&M Bank Uganda, was named the ‘Best Innovation of the Year’ at the fifth Uganda Marketing Excellence Awards (UMEAS), held on Thursday evening at Kampala Serena Hotel. The award was received by the bank’s Head of Marketing and Corporate Communications-Annette Nakiyaga, and members of the marketing team. Launched in October, the I&M Select Banking Sapphire Club offers respective members an exclusive private banking experience, curated for individuals whose financial sophistication, lifestyle, and aspirations transcend the ordinary. Membership offers an exclusive world of privilege and opportunity- think access to private banking suites at Kingdom…
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Invest Africa, a business and investment platform for African markets, and Standard Chartered Private Bank, a leading international private bank for emerging market clients, have announced a strategic partnership, focused on driving the growth of Standard Chartered’s private banking services across the continent.The new collaboration will involve a programme of targeted business development opportunities in key hubs such as London, Dubai and Cape Town to showcase the bank’s expertise and thought-leadership in areas like sustainable investing. Standard Chartered’s relationship managers, investment advisors and product specialists are also able to leverage Invest Africa’s global reach, market intelligence and networking opportunities with…
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