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 $9 billion bank, executing new digital-first strategies and services— including text-based banking— and is promising an aggressively entrepreneurial approach to increase market share across Africa. Her approach is working: Despite a sluggish South African economy, new home loans increased 14% in the first half of 2018.
Personal Information
Country | South Africa |
2020 Rank | 16 |
Company Financials
2017 Profits | 1,070.4 |
2017 Revenues | 8,995.1 |
Market Value as of 08/30/18 ($M) | 9,391.1 |