Guvamatanga quits Barclays

Guvamatanga quits Barclays
Published: 12 December 2017 (820 Views)
BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.

In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga had retired from the bank with effect from November 2017 following the successful of completion of the transaction between Barclays Bank PLC and FMB Capital Holdings.

"Following the successful completion of the transaction between Barclays Bank PLC and FMB Capital Holdings, the board of directors for Barclays Bank of Zimbabwe would like to inform all stakeholders that the managing director of Barclays Bank of Zimbabwe, Mr George Guvamatanga has retired from the bank with immediate effect from November 2017 in order to pursue other interests.

"The bank is deeply indebted to George for his 28 years of dedicated service, 10 of which he was the managing director of Barclays Bank of Zimbabwe. George steered the business through difficult times whilst managing to lead the bank's growth scale and profitability over the period," said Mr Mandiwanza.

Mr Samuel Matsekete, the chief finance officer, has been appointed acting managing director. In October, Malawi Stock Exchange listed FMB Capital Holdings completed the acquisition of a majority stake in Barclays Bank Zimbabwe after receiving approvals for all regulatory requirements.

- chronicle

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

'Mudzingwa, Munawa not spent forces'

by Staff reporter | 21 January 2018 | 103 Views

'Bond notes removal will stabilise prices'

by Staff reporter | 21 January 2018 | 213 Views

Ex-cop jailed for impersonation

by Staff reporter | 21 January 2018 | 126 Views

Female fraudster poses as Zimra official

by Staff reporter | 21 January 2018 | 132 Views

Mohadi speaks reconciliation

by Staff reporter | 21 January 2018 | 109 Views

Bulawayo residents threaten to sue town clerk

by Staff reporter | 21 January 2018 | 79 Views

Bosso Electoral Committee begins verification of nominees

by Staff reporter | 21 January 2018 | 63 Views

Mnangagwa fails to 'coup' cash crisis

by staff reporter | 21 January 2018 | 81 Views

Mnangagwa plans economic revival

by Bloomberg | 21 January 2018 | 70 Views

'Postponement of polls out of the question'

by Staff reporter | 21 January 2018 | 49 Views

Mnangagwa embarks on a charm offensive

by Staff reporter | 21 January 2018 | 88 Views

Who should be afraid of elections MDC-T or Zanu-PF?

by Bishop | 21 January 2018 | 100 Views

Majaivana unlikely to visit Zimbabwe anytime soon

by Staff reporter | 21 January 2018 | 81 Views

'Fake prophecies' haunts Makandiwa

by Staff reporter | 21 January 2018 | 115 Views

Mnangagwa takes Zimbabwe economic gospel to Davos

by Staff reporter | 21 January 2018 | 71 Views

Mnangagwa runs the rule on Cabinet

by Staff reporter | 21 January 2018 | 77 Views

Grace Mugabe's fancy vehicles in freak accident?

by Staff reporter | 21 January 2018 | 121 Views

MPs to get cars for free

by Staff reporter | 21 January 2018 | 75 Views

Tsvangirai captured?

by Staff reporter | 21 January 2018 | 112 Views

Thomas Mapfumo heads to Zimbabwe

by Staff reporter | 21 January 2018 | 95 Views

Vendors prepared to fight the soldiers

by Staff reporter | 21 January 2018 | 115 Views

Mnangagwa, Chiwenga rift exposed

by Staff reporter | 21 January 2018 | 181 Views

Mnangagwa takes Zim pitch to the world

by Staff Reporter | 21 January 2018 | 74 Views

Is Jah Prayzah strangling his own baby?

by Staff Reporter | 21 January 2018 | 147 Views

SA construction firm eyes Matabeleland venture

by Staff Reporter | 21 January 2018 | 62 Views

Mnangagwa sticks to his word, urges diaspora to register to vote

by Staff Reporter | 21 January 2018 | 90 Views

Sex worker on the run after stabbing a client

by Simbarashe Sithole | 21 January 2018 | 93 Views

Zanu PF strongholds have already rigged elections - analyst

by Stephen Jakes | 21 January 2018 | 56 Views

G40 will rally for Mujuru during elections - philosopher

by Stephen Jakes | 21 January 2018 | 96 Views

Setting the record straight on the political future of Mthwakazi

by staff Reporter | 21 January 2018 | 50 Views

ZimRights scales up BVR mobilisation

by Stephen Jakes | 21 January 2018 | 48 Views

Mnangagwa's final letter to Mugabe

by Staff Reporter | 21 January 2018 | 106 Views

Chiyangwa's fight for life

by Stephen Jakes | 21 January 2018 | 142 Views

Mnangagwa faces internal revolt over polls

by Staff Reporter | 21 January 2018 | 77 Views

Vendors give govt 48-hour ultimatum to create jobs

by Staff Reporter | 21 January 2018 | 85 Views