Barclays Appoints Kenya CEO as Sub-Saharan Africa Head

Barclays Bank Kenya Managing Director Adan Mohamed has been appointed in the newly created position of the Bank's Chief Administrative Officer (CAO) for the created Sub-Saharan Africa (SSA) structure to help drive the bank's One Africa Strategy. Adan Mohamed, until now Managing Director for East and West Africa, has since been appointed as CAO for Barclays Africa.

“As part of our One Africa Strategy, we are continuing with efforts to join our capabilities and our people across Africa not only to become one bank but also to uniquely position ourselves to deliver a superior client experience on the continent. Achieving the One Africa Strategy requires us to align both our operating model and leadership structure in a manner that positions us as truly one bank in Africa.” Said Barclays Africa Chief Executive and Head of Africa Group Strategy Kennedy Bungane said.

New Managing Director

Meanwhile, the Board of Barclays Bank Kenya has announced the appointment of Mr Jeremy Awori as Managing Director of Barclays Bank of Kenya, subject to regulatory approvals. Mr. Awori will be reporting to Mr. Mohamed under the re-aligned regional structure.

Until his appointment, Mr. Awori held several senior executive positions with Standard Chartered Bank, among these CEO and Managing Director of Standard Chartered Bank, Tanzania and previously as Regional Sales & Performance Director for Standard Chartered Bank, Dubai in the United Arab Emirates.

Barclays Bank of Kenya Chairman Francis Okello welcomed Awori on the Board of Barclays Bank of Kenya while paying tribute to Mohamed for his transformative leadership over the years.

“I take this opportunity to thank Adan for a stellar job of steering Barclays Kenya business for the last 10 years; transforming the company into a truly Kenyan leading brand and for growing profits by more than seven-fold. I congratulate him for a well-deserved promotion as he proceeds to a new challenge of heading 10 Barclays businesses across Africa,” said Mr. Okello.

The CAO will oversee operations across Kenya, Uganda, Barclays Tanzania, National Bank of Commerce Tanzania Seychelles, Zimbabwe, Namibia, Mozambique, Ghana and Nigeria. The CAO will sit on the boards of all the ten countries. Further, the branding, marketing, communication and citizenship portfolios for Barclays Africa will report into the CAO.

The appointments take effect from1stFebruary 2013.

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