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African Bank CEO

African Bank CEO

Kennedy Bungane has been named the new chief executive officer of African Bank. 

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Bungane is the former head of Barclays Africa and Absa Group strategy. He also worked at Standard Bank, where he held a number of positions including head of global markets sales. 

In a statement on Thursday, African Bank’s Chairperson, Thabo Dloti, said Bungane’s passion for the role that banking can play in transforming society “resonated strongly with the board”. 

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“He has a proven track record in identifying and nurturing leadership, which promotes strong teams to deliver successful results.”

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Bungane, in a short statement, said, “I believe I can play a meaningful role in the ongoing growth and transformation of the Bank and continue to position it as a significant competitor within the South African financial services landscape.”

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