Barclays Bank of Tanzania has announced the appointment of Abdi Mohamed as the new Managing Director, effective April 2016.
Mr. Mohamed will be taking over from Kihara Maina, who after serving in the role since 2009 will now be pursuing other opportunities outside the Barclays Africa Group.
Until now, Mr. Mohamed has been Chief Operating Officer at Barclays Bank Kenya. He has a long standing career history with Barclays starting in1994 where he has held progressively senior roles in Kenya, Zambia, and the United Kingdom.
Barclays Africa Regional Management Chief Executive Mizinga Melu said: “Abdi brings to the role wide-ranging experience across markets and product areas including retail, corporate banking and operations. His career progression within the Barclays Group is a true success story and is testament to our belief in advancing talented employees.”
Barclays Bank Tanzania Chairman Dr. Ramadhani K. Dau said that they are confident that his breadth of financial services expertise will help in executing their growth strategy in the market.
“We take this opportunity to thank Kihara who has played a critical role in leading the business in Tanzania during the last six years which has seen us register a number of milestones in the market, including the roll-out of leading digital platforms such as Strategic Hello Money (SHM), BIR, BARX and pioneering loan products.” He says
Commenting on his appointment, Mr. Mohamed said: “I am excited by the opportunity to lead the Barclays Tanzania team. We see continued growth potential in the Tanzanian economy and my focus will be to ensure that Barclays is an active participant in enabling and supporting this growth.
We will work with all the relevant stakeholders to position BBT as the Go To bank for our customers and an exciting place to work for colleagues.”
Mr. Mohamed holds a Masters in Business Administration (MBA) – International from Edith Cowan University in Perth Australia.
Barclays Bank Tanzania now has 22 branches, 41 ATMs located countrywide, over 400 employees and over 110,000 customers.
Barclays Africa is 62.3 per cent owned by Barclays Bank PLC (Barclays). It operates in 12 countries with more than 41 thousand permanent employees and has 12 million customers.
Its registered head office is in Johannesburg, South Africa and we it has 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.
It also has representative offices in Namibia and Nigeria. Barclays Bank PLC has operations in Egypt and Zimbabwe which are an integral part of the African business and continue to be run by Barclays Africa operationally.
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