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IMPW 2018-Maria RamosIMPW 2018-Maria Ramos
Siphiwe Sibeko—Reuters
  • Title
    CEO
  • Company
    Absa
  • Country
    South Africa
  • Age
    59

It’s been a busy year for the long-time CEO. This past July, Barclays Africa became Absa Group, one of the final stages of a lengthy spin-off from Barclays PLC, which had been beset by regulatory issues in the region. The Portuguese-South African economist has been a steady hand in the transition, plotting a major rebranding of the $9 billion bank, executing new digital-first strategies and services— including text-based banking— and is promising an aggressively entrepreneurial approach to increase market share across Africa. Her approach is working: Despite a sluggish South African economy, new home loans increased 14% in the first half of 2018.

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Personal Information

Country
South Africa
Previous Rank
16
Newcomer?-

Company Financials

2017 Profits
1,070.4
2017 Revenues
8,995.1
Market Value as of 08/30/18 ($M)
9,391.1