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Barclays Africa appoints Head of Financial Institutions Groups for Investment Banking  

 11/5/2014 

Nothando Ndebele joins Barclays Africa from Renaissance Capital

Barclays Africa Group Ltd (Barclays Africa) announced that Nothando Ndebele has joined as Head of Financial Institutions Group for Investment Banking in Africa from 1 October 2014.

Ndebele will be responsible for leading the strategic and financing dialogue with Investment Banking clients in the Banks, Insurers and Non-Banking Financial Institutions (NBFIs) sectors across Africa.

“Having spent over 18 years working in financial markets, focused solely on African financial institutions for the past 10 years, Nothando brings a wealth of industry knowledge in the sector to her new role,” said Philip Lindop, Head of Investment Banking, Africa, at Barclays Africa.

Prior to joining Barclays Africa, Ndebele was the Head of Research for Africa and SSA Banks Analyst at Renaissance Capital, and was the top ranked SSA banks analyst for 3 years.

“Nothando’s skill set and strong focus on investment research, strategy and capital markets is in line with our approach to appoint top talent to best serve our clients, further positioning ourselves as the ‘Go-To’ bank in Africa,” added Lindop.

Over the course of her career in financial markets Ndebele has spent time at Deutsche Securities, Goldman Sachs, Investec Asset Managers, Afena Capital and Africap Microfinance Investment Company.

Ends

For more information please contact:

Graeme Coetzee
Principal
Marketing and Corporate Communications
Absa Corporate and Investment Banking
+27 11 895 6695
+27 79 695 9798
graeme.coetzee@absacapital.com

About Corporate and Investment Banking at Barclays Africa:

Barclays Africa Group Limited (Barclays Africa or the Group), is listed on the JSE Limited and is one of Africa’s largest financial services groups. We are uniquely positioned as a fully global, fully regional and fully local bank. We combine our global product knowledge with regional expertise and our extensive and well-established local presence in Africa to serve our customers and clients even better. We offer personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Our Group was formed by combining Absa Group Limited and the majority of Barclays Africa operations on 31 July 2013. Reflecting the enlarged Group’s Pan-African focus, our name changed from Absa Group Limited to Barclays Africa Group Limited on 2 August 2013. At 30 June 2014, we had 847,8 million shares in issue and a market capitalisation of R136,9 billion. We operate in 12 countries and have 12 million customers, total assets of R977,8 billion; 10 749 automated teller machines, 1 287 branches and more than 42 000 permanent employees.

Our registered head office is in Johannesburg, South Africa and we have majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria. Our bancassurance operations are in Botswana, Mozambique, South Africa and Zambia. Barclays Bank Kenya and Barclays Bank Botswana continue to be listed on their respective stock exchanges. In addition to the entities listed in this legal structure, Barclays Bank PLC has operations in Egypt and Zimbabwe which are an integral part of our African business and continue to be run by Barclays Africa operationally.

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