Business

Barclays Africa appoints

Effective from October 1, 2014, Melu will be responsible for the group’s businesses outside of South Africa. The country managing directors of all Barclays Africa’s businesses outside South Africa will report to Melu, who will co-ordinate integrated planning and ensure the development of product-led and country-specific strategies, as well as support their execution.

In addition, she will oversee the development of stakeholder relationships with governments, regulators, the boards and customers in the countries. Barclays Africa Group Chief Executive Maria Ramos said: “I am excited that we were able to appoint someone with such breadth of skills and experience into this role. Her appointment will be instrumental in executing our strategy on the continent.” Melu joined the then Absa Group in  March 2013  as managing director of NBC Tanzania, where she built a strong team who are transforming that business. She is leaving the business in a much stronger position.