Ecobank Transnational Incorporated (ETI) has announced the co-option of a new member of the Board of Directors. On Monday 31 March 2014 Hewett Adegboyega O. Benson (48), became a Non-Executive Director, representing AMCON on the board. The appointment of Mr. Hewett Benson brings the total number of members of the Board of Directors of ETI
Visa Inc. has announced that Kelly Mahon Tullier will join the company as Executive Vice President and Deputy General Counsel, effective June 16. She will also serve as a member of the company’s Executive Committee. Ms. Tullier will transition to the role of Executive Vice President and General Counsel on October 1, 2014. She joins
One of Africa’s largest banking groups, Access Bank Plc, has announced its audited result for the financial year ended December, 2013. An analysis of the results released on the floor of the Nigerian Stock Exchange today validated the Bank’s capacity for sustainable growth. The results showed an increase in the Bank’s deposit base from N1.201
Samir Zabaneh has joined Heartland Payment Systems, one of the US’s largest payment processors and a leading provider of merchant business solutions, as Chief Financial Officer (CFO). He will be responsible for providing overall strategic and operational direction of the company’s finance department including reporting, treasury, taxation and corporate planning and development, as well as
Standard Bank Group has been chosen as the Best Bank in Africa by Global Finance magazine. In addition, they also received the country awards for Angola, South Africa and Uganda in Global Finance’s World’s Best Emerging Markets Bank Awards 2014. Global Finance has also named Standard Bank Group as the Global Best Investment Bank in
GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, is pleased to welcome Mahindra Comviva as its newest member. Mahindra Comviva is among the top 3 mobile financial technology providers across the globe processing over 20 billion USD in payment flows, handling millions of transactions every day and serving 700+ million
Transferbee, a company that enables Nigerians living in UK to send money to their family and friends in Nigeria has announced that there will be no transfer charge until May 1st. The company is normally charging only 4.5 pounds for the transaction. “After our initial launch we continued to build the product and offered the
Sybrin has partnered with the Kenya Bankers Association (KBA) and the Central Bank of Kenya (CBK) for paperless IT solutions designed to lead to efficient operations, lower costs, improved compliance and better knowledge management. Speaking during a one-day conference for its customers in Nairobi, Daniel Parreira, sales director of Sybrin Systems Africa, said the paperless
Whether for safety and convenience, innovation, or flat-out hygienic reasons, entrepreneurs and small businesses around the world are embracing cashless technology, and in- turn making life a little bit easier for local consumers and tourists as they travel. From a hotel in Myanmar, a Southeast Asia country where electronic payments were introduced for the first
Guaranty Trust Bank plc has announced its audited financial results for the year ended December 31, 2013 to the Nigerian and London Stock Exchanges. A review of the results shows a strong and positive performance across all financial indices and also affirms the Bank’s position as one of the most profitable financial services provider in
