To show its commitment to Africa, Barclays Africa has appointed a new head for Barclays Bank of Tanzania to buid its retail, corporate banking and operations in the country and serve the growing clentel in both urban and rural areas.
The firm has appointed Abdi Mohamed as the new Managing Director, effective April 2016 to replace 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 Barclay’s Bank Kenya. He has a long standing career history with Barclay’s starting in 1994 where he has held progressively senior roles in Kenya, Zambia, and the United Kingdom.
In a statement, Barclay’s Africa Regional Management Chief Executive Mizinga Melu said: “Abdi brings to the role wide-ranging. His career progression within the Barclays Group is a true success story and is testament to our belief in advancing talented employees.”
Mr. Mohamed says his major goal is to lead Barclay’s Tanzania to see continued growth and ensure that Barclays is an active participant in enabling and supporting the country’s economic 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,” he said.
Barclay’s Africa has been in the news since its parent firm Barclay’s Group will sell of its stake in Barclay’s’ Africa bringing uncertainty and fear among customers who thought the firm would shut down if the parent firm was pulling out. Barclay’s Africa has managed to sell itself to the public assuring everyone the firm is here to stay. This Tanzanian appointment shows just how committed the group is to Africa.