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Friday, July 1, 2016

Barclays Africa appoints Peter Matlare as its deputy CEO

BARCLAYS Africa Group has appointed former Tiger Brands CEO Peter Matlare as its deputy CEO with effect from August 1.


Matlare will be responsible for the group’s banking operations in Africa excluding SA, Friday’s statement said.


The appointment means CEO Maria Ramos will have two deputies.
The appointment does not change the role of deputy CEO and finance director David Hodnett, the banking group said.
Matlare has been an independent nonexecutive director on Barclays Africa’s board since 2011.
The responsibility for rest of Africa previously fell under the portfolio of Hodnett, Barclays Africa said on Friday.

The group also announced that the CEO of its Africa corporate and investment bank division, Stephen Van Coller, will retire at the end of September.
Craig Bond will continue in his role as CE of the group's retail and business bank division and a member of the Barclays Africa executive committee.

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