PRESS RELEASE: Thembisa Dingaan appointed to Absa Bank board
Barclays Africa Group Limited (formerly Absa Group Limited) announces the appointment of Mrs Thembisa Dingaan to its subsidiary Absa Bank board as a non-executive board director with effect from 25 September 2013. Thembisa brings a wealth of experience and knowledge after more than 15 years with various organisations in the financial services industry.
Thembisa is currently a member of the board of directors of the Development Bank of South Africa (DBSA) where she serves as the chair of the Board Credit and Investment Committee and is a member of various Board committees.
A former member of the Trade and Industry Standing Advisory Committee on Company Law, as well as a board member of the South African Export Credit Insurance Corporation (ECIC), Thembisa holds directorships on the boards of Imperial Holdings Limited, Adapt IT Limited, and Mustek Limited and is chairperson of Ukhamba Holdings (Pty) Ltd, Imperial's staff-owned Black Economic Empowerment Vehicle.
Commenting on Thembisa's appointment, Wendy Lucas-Bull, Barclays Africa Group and Absa Bank Chairman, said: "We are delighted to have Thembisa on board. I am confident that she will add significant value to customers, clients and shareholders through her wealth of financial services experience."
Thembisa holds an LLB degree from the University of Natal and received her LLM from Harvard University, Cambridge, USA. In November 1998 she was admitted to the New York State Bar and received her H. Dip Tax from the University of Witwatersrand in 2000.
Issued: 19th September 2013
Notes to Editors:
Mrs Thembisa Dingaan is also a former member of the boards of: Royal Bafokeng Resources (Member of the Audit Committee and Chaired the Remuneration Committee); Enaleni Cipla Pharmaceuticals Limited (Chaired the Audit Committee); Placecol Holdings Limited (now listed as Imbalie Beauty Limited) (member of Audit Committee); Nozala Investments (Member of the Audit Committee); City of Johannesburg - Pikit Up (Pty) Limited (member of Audit and Human Resources Committees); and Companies and Intellectual Property Registration Office (CIPRO).
For media enquiries:
Byron Kennedy I Group Spokesperson
Barclays Africa Group
+27 (0)11 846 5221
Mobile +27 (0) 82 453 2066
GROUP AT A GLANCE
Barclays Africa Group Limited (Barclays Africa Group or the Group) is 62.3% owned by Barclays Bank PLC (Barclays) and is listed on the JSE Limited. The Group is one of Africa's major financial services providers offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. We combine our global product knowledge with regional expertise and have an extensive, well-established local presence.
The Group was formed through combining Absa Group Limited and Barclays' African operations on 31 July 2013. Reflecting the enlarged group's pan-African focus, our name changed from Absa Group Limited to Barclays Africa Group Limited on 2 August 2013. Our registered head office is in Johannesburg, South Africa and we have majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia.
We also have representative offices in Namibia and Nigeria, as well as bancassurance operations in Botswana, Mozambique, South Africa and Zambia. Barclays Bank Kenya and Barclays Bank Botswana continue to be listed on their respective stock exchanges. Barclays Bank PLC has operations in Egypt and Zimbabwe, which are an integral part of our African business and continues to be run by Barclays Africa Group's management.