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African Bank makes strides in regaining customer trust

African Bank makes strides in regaining customer trust
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African Bank gets new CMO | ALB Article

African Bank gets new CMO | ALB Article
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Does SA need (another) black bank?


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Calls for Reserve Bank to relax the requirements for banking licences would put depositors’ money at risk.
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The country already has several black-owned banks. Image: Shutterstock
Nonkululeko Gobodo, hailed as South Africa’s first black chartered accountant and a founding member of one of the country’s largest accounting firms, recently called on the South African Reserve Bank (Sarb) to relax its requirements for new banking licences – to make it easier to start a black bank.
As long as the country’s central bank keeps its stringent requirements for a bank licence in place, most black people will remain beggars, she says, adding that the current economic structure makes black people feel unwelcome when they walk into a bank to ask for help.

China , South-africa , Saambou , Northern-cape , Chinese , South-african , South-africans , Nonkululeko-gobodo , Patrice-motsepe , Kennedy-bungane , George-roussos , African-bank-holdings

Board's support was critical for the success of my tenure as FirstRand CEO – Sizwe Nxasana

Board's support was critical for the success of my tenure as FirstRand CEO – Sizwe Nxasana
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Paul-harris , Laurie-dippenaar , Kennedy-bungane , Daniel-mminele , Sizwe-nxasana , Basani-maluleke , Association-of-black-securities , Rand-merchant-bank-holdings , African-bank , Former-firstrand , Black-securities , Investment-professional

African Bank CEO says financial services 'yet to transform'


African Bank CEO says financial services yet to transform
02 May 2021 - 00:06 By CHRIS BARRON
The recently appointed CEO of African Bank, Kennedy Bungane, who played a key role in negotiating and drafting the financial services sector charter in 2002, says the culture in the sector remains hostile to black talent.
It s tragic there are so few black CEOs in the financial services sector and that so much black talent has left, he says.
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African Bank's New CEO Looks to Expansion After Hiatus


African Bank’s New CEO Looks to Expansion After Hiatus
Bloomberg
2 hrs ago
Roxanne Henderson
(Bloomberg) African Bank Holdings Ltd.’s new chief executive officer is looking at ways to accelerate a planned expansion from its roots in micro-lending to become a broader financial platform.
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Kennedy Bungane was hired to head the Johannesburg-based lender this week after Basani Maluleke resigned in January. The CEO’s appointment marks a return to the industry for the 46-year-old, who has spent the last seven years in roles such as running industrial-holding company Phembani Group.
“My first priority is to listen and hear where we are at,” he said by phone. “Our next priority would be to review our strategy and direction of travel and ensure that we can all align” with what clients are asking for.

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New African Bank CEO is 'back to complete the unfinished business of transformation in SA banking'


Newly appointed African Bank CEO
Kennedy Bungane 
says he has some unfinished business of transforming banking in SA, and that s why he s back.
Bungane, who spent 24 years at Standard Bank and Absa, says he joined an underdog because African Bank will allow him to help the under-serviced masses.
Bungane headed a microfinance unit while he was at Standard Bank and saw how access to finance could change lives.
He was just 17 years old when his mom signed on his behalf that he could work at Standard Bank. And ever since, banking has always been his first love, says newly appointed African Bank CEO, Kennedy Bungane.

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African Bank names Kennedy Bungane as new CEO


African Bank names Kennedy Bungane as new CEO
PREMIUM
By Warren Thompson - 16 April 2021
The board of directors of African Bank group has appointed former banker and Phembani Group CEO Kennedy Bungane as CEO with effect from April 14.
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New African Bank chief executive looks to expansion after industry hiatus


New African Bank chief executive looks to expansion after industry hiatus
Bloomberg16 April 2021
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African Bank Holdings Ltd.’s new chief executive officer is looking at ways to accelerate a planned expansion from its roots in micro-lending to become a broader financial platform.
Kennedy Bungane was hired to head the Johannesburg-based lender this week after Basani Maluleke resigned in January.
The CEO’s appointment marks a return to the industry for the 46-year-old, who has spent the last seven years in roles such as running industrial-holding company Phembani Group.
“My first priority is to listen and hear where we are at,” he said by phone. “Our next priority would be to review our strategy and direction of travel and ensure that we can all align” with what clients are asking for.

South-africa , Johannesburg , Gauteng , South-african , Kennedy-bungane , Basani-maluleke , Phembani-group , African-bank-investments-ltd , African-bank-holdings-ltd , African-bank , Africa-association-of-black-securities-investment-professionals , Absa-group-ltd

African Bank's new CEO looks to expansion

African Bank's new CEO looks to expansion
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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