27 November 2012

Africa: Adan Promoted to Barclays Africa, New MD Named

Nairobi — Barclays Bank of Kenya has appointed Jeremy Awori as Managing Director to take over from Adan Mohammed who has been promoted to oversee the bank's administrative functions in Africa.

A statement from the bank said the changes take effect on February 1, 2013.

Awori joins Barclays from Standard Chartered Bank, Tanzania where he is currently the Chief Executive Officer. Previously he served as Regional Sales and Performance Director for Standard Chartered Bank, Dubai in the United Arab Emirates.

Mohammed who has been serving as Barclays Managing Director for East and West Africa will now become the Chief Administrative Officer (CAO) for Barclays Africa.

The position was established after Barclays Africa announced the creation of a new Sub-Saharan Africa (SSA) structure to help drive its One Africa Strategy.

"I am pleased to welcome on board one of our very own professionals to help me drive Barclay's vision for Africa. Adan's performance at Barclays Kenya fits the profile of the leadership we seek; to drive an ambitious Pan-African foray that touches the entire financial services spectrum as the leading financial services group in the continent," said Barclays Africa Chief Executive and Head of Africa Group Strategy Kennedy Bungane while commenting on the changes.

"Positioning of the new CAO function in Kenya was a natural choice bearing in mind the emergence of Nairobi as the economic and commercial hub for regional and global businesses in SSA," he added, explaining that Mohammed will be based in Nairobi.

His sentiments are supported by recent trends that have seen a number of leading global business conglomerates setting up their SSA hubs in Nairobi.

Mohammed will oversee operations across Kenya, Uganda, Barclays Tanzania, National Bank of Commerce Tanzania, Seychelles, Zimbabwe, Namibia, Mozambique, Ghana and Nigeria.

He will also sit on the bank's boards in the 10 countries. Further, the branding, marketing, communication and citizenship portfolios for Barclays Africa will report to the CAO.

Commenting on his new role, Mohamed said, "I am delighted with the new opportunity and my experience in Kenya and the region presents me with a view of what lies ahead."

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

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