Mmegi Online :: Barclays MD 'resigns'
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Last Updated
Friday 24 March 2017, 15:39 pm.
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Barclays MD 'resigns'

Managing Director of Barclays Bank of Botswana Wilfred Mpai has resigned his position with immediate effect.
By Staff Writer Sat 25 Mar 2017, 14:03 pm (GMT +2)
Mmegi Online :: Barclays MD 'resigns'








According to staff they received the information late in the afternoon yesterday through work email. In a two-line statement the bank informed its staff that their boss had left the company with immediate effect and was replaced by Aupa Monyatsi, chief operations officer. The bank has been dominating newspaper headlines recently in connection with a dispute it has with Botswana Bankers Union (BOBEU). The dispute emanated from a restructuring exercise that the bank carried out, over which unions decried the programme for its lack

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of consultation.

Head of Corporate Affairs Esther Norris was out of contact by print time last night. Mpai, according to the company website, joined the bank in 2007 as Director of Finance. He was appointed MD in 2010 after being in the position acting, following the departure of then MD Thuli Johnson. Monyatsi, according to the company website joined Barclays in 2005 as Deputy to the Head of Operations. He has served at various levels in the company including Head of Branch Operations.

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