Newly appointed Standard Bank Africa CEO, Chris Newson, was in Botswana for a two-day visit to familiarise himself with the local Stanbic Bank operation.
Standard Bank Group, the biggest bank in Africa by market capitalisation and assets intensified its focus in Africa. Newson reiterated the Africa strategy during his visit, and also use this opportunity to meet with The Governor, Minister of Finance, some key stakeholders including few customers in Gaborone and the bank’s management.
“Our key differentiator is people who are passionate about our strategy, wherever in the world they are based. With the bank turning 150 years in South Africa, we remain resolute and committed to Africa and I am taking this message to staff and customers.
I also want to assure the key stake holders that Botswana is one of our key focus countries, and so this visit is a very important tour for me.”
“Standard Bank will focus on delivering superior sustainable shareholder value by serving the needs of customers through first-class, on-the-ground operations in chosen countries in Africa. Botswana has proved to be one of these key markets,” Newson concluded.
For his part Stanbic Bank Botswana Managing Director, Leina Gabaraane, said the bank was happy with the relationship it has with Batswana. “It has been an incredible twenty years of Stanbic Bank in the country thus far and, with Mr. Newson’s visit, we look forward to strengthening this relationship evermore.
Investment in the future of Africa in turn sees an investment in the future of Botswana and this way we will continue to move Batswana forward. It is important that Mr. Newson, who leads this great investment effort, gets a better sense of how we do things in Botswana and interacts with the Botswana team and key stakeholders,” he said.