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African Bank appoints non-executive directors

May 28 2018 20:57

The board of African Bank Holdings on Monday announced the appointment of non-executive directors of the bank and its holding company, African Bank Holdings Limited (ABH).

Brian Riley was CEO designate of the old bank during curatorship, and CEO of African Bank when the restructured group and new bank commenced business on April 4 2016. 

He stepped down as CEO on March 31 2018. 

During his three-year tenure, Riley established the group, refocused and stabilised the bank and its related operations, and oversaw the establishment of the strategic platform on which the group is moving forward.

Happy Ralinala has significant experience in the financial services and banking industries.

She is the national president of the Businesswomen’s Association of South Africa, a non-executive director of the Small Enterprise Finance Agency SOC Limited and a member of the China Europe International Business School (CEIBS)Africa International Advisory Board.

Commenting on the appointments, Louis von Zeuner, chairperson of the Group said: "Brian’s considerable experience as seasoned banker and Happy’s wide-ranging business and banking experience will complement the skills set of the Bank and ABH boards."

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