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Oxford Business Group Appoints New Regional Editor for Africa

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Oxford Business Group (OBG) has appointed Bernardo Bruzzone as its new Regional Editor for Africa.

In his new role, Bruzzone will oversee the production of OBG’s business intelligence across the region as the post-pandemic global economic recovery gathers momentum, with a specific focus on Africa’s myriad investment opportunities.

Bruzzone holds a master’s degree in international studies from the Université Sorbonne Nouvelle in Paris and is fluent in English, French, Spanish and Portuguese.

Since joining OBG, Bruzzone has conducted on-the-ground economic research across several markets in Africa, Asia and Latin America, researching, editing and managing numerous projects, while conducting face-to-face meetings with heads of states, ministers, regulators and business leaders. He is also an experienced panel moderator, opinion piece writer and media contributor.

Bruzzone said he was delighted to be taking up his new post at a time when the region’s efforts to move forward from the pandemic and kickstart an intra-continental economic recovery were taking shape.

Although challenges are significant, Africa remains a popular investment destination, with several of its markets among the fastest growing in the world,” he said. “Internet access and digital solutions will undoubtedly be key to unlocking the continent’s potential, as will infrastructure upgrades and stronger supply chains. I look forward to following the region’s progress as it embarks on the next phase of its economic development and documenting the strides made for our subscribers.”

Oliver Cornock, OBG’s Editor-in-Chief, said Bruzzone’s experience of reporting on the region’s economies and, most recently, time spent analysing the implications of the now operational African Continental Free Trade Area, would serve him well in his new role.

“The challenges Africa faces as the world emerges from the pandemic shouldn’t be underestimated, but the opportunities for investors as the region moves to address the longstanding weaknesses that Covid-19 has highlighted are huge,” he said. “Bernardo is well versed in the workings of the African market, including its plans to make intra-continental economic expansion a focus. I’m confident he will do an excellent job in ensuring investors have the data and analysis they need to make smart decisions on this rapidly developing region.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Appointments

Union Bank Announces the Appointment of Aisha Abubakar as Independent Non-Executive Director

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Union bank - Investors King

Union Bank of Nigeria Plc (“Union Bank”) has announced a change to the membership of its Board of Directors with the appointment of Ms. Aisha Abubakar as an Independent Non-Executive Director effective 9th September 2021, following the approval of the Central Bank of Nigeria (CBN).

Ms. Abubakar joins the Board of Union Bank following her tenure as Nigeria’s Honourable Minister for Women Affairs and Social Development from 2018 to 2019. Prior to this, she also served as the Honourable Minister of State for Industry, Trade and Investment between 2015 and 2018. At the start of her career, Ms. Abubakar worked at Continental Merchant Bank Ltd., African Development Bank and African International Bank.

She is an accomplished public sector administrator with over three decades of professional experience in Public Service and Pension Administration, Investment Banking, SME Finance/Rural Enterprise Development and Micro-Credit Administration.

Ms. Abubakar is a Fellow of the International Professional Managers Association (IPMA-UK), and the President of the International Experts Consultants (IEC-UK).

Commenting on the addition to the Board, Mrs. Beatrice Hamza Bassey, Union Bank’s Board Chair said: “On behalf of the Board of Directors, I welcome Ms. Aisha Abubakar to the Board. She brings many years of robust experience which will be invaluable in supporting our efforts to steer the Bank forward and deliver on our strategic objectives.”

Also commenting, Chief Executive Officer, Mr. Emeka Okonkwo said: “I am pleased to welcome our new Independent Non-Executive Director, Ms. Aisha Abubakar to the Board. We look forward to drawing from her wealth of experience and fresh perspectives as we continue to execute our vision to be Nigeria’s most reliable and trusted partner.”

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Dangote Cement Appoints Mr. Philip Mathew as Deputy Group MD/CEO

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Dangote Cement - Investors King

Dangote Cement Plc, Africa’s leading cement manufacturer, has appointed Mr. Philip Mathew as the Deputy Group Managing Director/Chief Executive Officer of the company with effect from September 15, 2021.

This was disclosed in a statement signed by Edward Imoedemhe, Deputy Company Secretary, Dangote Cement Plc.

According to the manufacturer, “Mr. Mathew is a professional with 34 years of working experience in large global and regional cement industries and has been involved in project management from feasibility to commissioning and stabilisation.

“He has worked with multicultural teams in different countries and held several roles, including Process Engineer, Optimisation Manager, Plant Manager, Technical Director, Director Performance and Progress, Chief Manufacturing Officer, and recently, Head of Cement Excellence Manufacturing for the AsiaPacific region; defining the strategic goals and ambitions for cement manufacturing at regional level for a global cement company.”

 

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GCR Ratings Appoints Mr. John Kibebo CPA-K to its Kenyan Office

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GCR Ratings - Investors King

GCR Ratings (“GCR”) is pleased to announce the appointment of Mr. John Kibebo CPA-K as a Credit Rating Analyst. John will be based full-time in our Kenyan office as an integral part of the GCR East Africa team as GCR continues to grow its presence in the region.

John has over 8 years’ experience conducting business and financial analysis. He joins GCR from Metropol Corporation Limited where he worked for over 6 years and progressed to become the Head of their Analysis department. Prior to his time at Metropol, John worked as an Accountant for Kenya Woman Microfinance Bank and as a Banking Consultant for Kenya Commercial Bank.

John is a Certified Public Accountant (CPA-K), with a B-Comm in Finance from Jomo Kenyatta University of Science and Technology and an Msc. in Finance from The University of Nairobi.

In announcing the appointment, Sylvia Chahonyo, Managing Director of GCR East Africa, said, “Following a thorough and rigorous search process we are delighted that John has agreed to take up the position of Credit Rating Analyst in Kenya. He has significant experience and expertise, and I am pleased that we have been able to attract someone of his caliber and track record.

I have no doubt that John’s appointment, in a permanent capacity based at GCR in Nairobi, will facilitate a deeper entrenchment of GCR’s presence and portfolio of credit ratings across Kenya and the region. His appointment also reinforces GCR’s ongoing commitment to investment and capital markets development in East Africa, and our role as a source of timely, accurate, and market leading credit opinions.”

Upon his appointment, Mr. Kibebo said, “I am delighted to join GCR Ratings and its growing analytical team of 45+ analysts spread across Africa. GCR has a stronghold in the African credit ratings market thanks to its local footprint. I am looking forward to working with issuers across the East-African market. Increasing access to, and use of, credit ratings in the region is a key element of a functioning capital market which, I believe, will help companies get greater access to funding, and investors to understand the risks associated to those entities which can assist in enhancing sustainable growth outcomes in East Africa.”

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