Standard Bank appoints CEO for DRC

Standard Bank logoFrom JEAN KASSONGO in Kinshasa, DRC
KINSHASA, (CAJ News) – STANDARD Bank has appointed Amedeo Anniciello as Chief Executive in the Democratic Republic of Congo (DRC).
The appointment is subject to regulatory approval.
“Mr Anniciello brings the global banking expertise as well as local and African risk insight required by global corporates and African businesses seeking to access African opportunities,” said Sola David-Borha, Chief Executive of Africa Regions at Standard Bank.
David-Borha said DRC represented a substantial opportunity for the Standard Bank Group.
“We are increasing our capital and investment locally, and introducing the latest versions of our Group IT platforms to help reshape our 25-year old business and drive growth.”
The Kinshasa-based operation provides a strong geographical link for Standard Bank’s multinational clients across its African footprint of 20 countries to the opportunities in the DRC.
Anniciello is excited by Standard Bank DCR’s operation which he believes is perfectly positioned to leverage the ‘second wave’ of investment in to Africa.
“Beyond the important minerals and energy opportunities lies a rapidly emerging retail and local service industry with the potential to transform both the DRC and the region,” Anniciello said. – CAJ News

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Posted by on Jul 19 2017. Filed under Finance & Banking, Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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