- Two Suspended Judges Again seek Court intervention to Block Judge Chikopa Tribunal SittingsPosted 2 hours ago
- New UNHCR Representative for Zambia Assumes OfficePosted 3 hours ago
- Explain The Removal of Subsidies on Maize and Fuel To Our People, Sata Tells MinistersPosted 4 hours ago
- Two Multi-Choice Zambia Staff Die In Chibombo AccidentPosted 8 hours ago
- Bishop describes dressing styles among Zambians as disgracefulPosted 8 hours ago
- Proflight Zambia Flies Orphaned Hippo To SafetyPosted 9 hours ago
- President Sata Reiterates Government’s Subsidies RemovalPosted 9 hours ago
- Nkana beat Nchanga to stay top of the MTN/FAZ Super League standingsPosted 2 days ago
- Police Release Arrested UNZA StudentsPosted 2 days ago
- Petersen offers solidarity to Arrested University StudentsPosted 2 days ago
Barclays Africa Chief Executive visits Zambia
- Updated: July 15, 2012
Chief Executive of Barclays Africa and Head of Africa Strategy, Kennedy Bungane visited Zambia for the first time on official business since assuming his role on July 1, 2012.
Barclays Bank Zambia Managing Director Mr Saviour Chibiya disclosed in Lusaka that Zambia was among the countries Kennedy Bungane decided to visit soon after taking up his role.
“Kennedy Bungane is visiting Barclays Zambia to acquaint himself with the economic and business environment in Zambia and so he is meeting with many stakeholders, including policy makers, customers and employees. The rapidly growing GDP of Africa has been consistent and presents immense business opportunities,” Mr Chibiya said.
Mr Bungane said that like other countries, Zambia was an important market for Barclays. He stated that he was delighted to have joined Barclays at a time the bank was embarking on the exciting journey of realising significant growth opportunities in Africa.
“Together, Barclays and Absa represent a strong franchise across the continent for the benefit of customers and clients. Therefore, we have a major role to play in supporting the economic development of the continent,” said Mr Bungane.
Whilst in Zambia, Mr Bungane attended a number of meetings with regulatory and government officials. He also met with employees,customers and other stakeholders.
In Zambia, Barclays has a heritage of nearly 100 years. In recent years, the bank invested substantial resources by growing its branch network across the country, thereby creating job opportunities for hundreds of Zambians as well as making financial services readily and widely accessible to the majority of the Zambian population.
Mr Bungane joined Barclays in July this year and he will be responsible for all operational and business activities in Africa outside SouthAfrica for both Barclays and Absa. He has over 20 years of extensive experience in the financial services industry