BancABC executives to step down after takeover
Wednesday, December 10, 2014
In a statement released yesterday, the bank stated that the chief executive officer, Douglas Munatsi, group chief financial officer Beki Moyo and group chief operating officer Francis Dzanya would leave the company at the end of this year to make way for a new team, led by Simbarashe Ronald Pfende.
Pfende joins BancABC from the Standard Bank group where he was head of finance transformation. Makhosi Boyede and Amelia Reynecke have been appointed co-chief operating officers, and the chief financial officer will be Christine Bronkhorst. This follows Atlas Mara’s successful completion of its acquisition of BancABC in August.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...