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Managing Director (CEO) at Absa Headquarters (KE) November, 2022 Job Description
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With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

 

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

 

 

Job Summary

Absa Group Ltd is listed on the Johannesburg Stock Exchange and is one of Africa’s largest financial services groups. Absa Group Ltd is a fully
local, fully regional world-class bank, offering personal and business banking, credit cards, corporate and investment banking, wealth and
investment management and insurance.
The Group operates in 12 countries with approximately 40 thousand employees, serving close to 12 million customers.
The Group’s registered head office is in Johannesburg, South Africa and owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius,
Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also
has representative offices in Namibia and Nigeria.

 

 

Job Description

 

 

Job Purpose:

As a member of the Absa Regional Operations (ARO) Executive Leadership team, reporting to the Absa Kenya Board and the Chief Executive ARO, the role is responsible for the financial performance profit and loss Absa Bank Kenya and any of its subsidiaries.

 

Background:

  • With a historical legacy of over 100 years, Absa Bank Kenya PLC (the “Bank”) is a subsidiary of Absa Group Limited and is one of the leading banks in Kenya.  The Bank currently has an extensive network of 84 branches and over 210 ATMs countrywide supported by internet and mobile banking channels plus a 24/7 customer service centre. Absa Kenya’s business units include retail and business banking, corporate and investment banking, treasury, and card services, with cross functional relationships to support the segments of local business and small to mid-sized enterprises (SMEs).

     

    Absa Kenya enjoys brand recognition of over 90%, a Customer Experience Index score of 86%, and was ranked as the most reputable bank in Kenya by the Q1-2022 GlobeScan survey. Absa Kenya also won the 2022, Employer of Choice Award for Kenya, while the Group was awarded Employer of Choice across the African continent.

     

    Following the stepping down of the former incumbent after 10 years at the helm, Absa Group and Absa Kenya now seek to appoint a Managing Director to lead the bank into the future. The Country Managing Director serves as a member of the Absa Regional Operations (ARO) Executive Leadership team, reporting to the Absa Kenya board and the Chief Executive ARO.

 

  • Responsibilities:
  • The Managing Director is accountable for growing the overall Absa franchise through ensuring the development and (with board approval) execution of relevant strategies whilst protecting and enhancing the franchise’s profile and reputation with all internal and external stakeholders. The ideal candidate for the role will demonstrate a track record of high-performance leadership within the banking sector, with significant experience of and exposure to banking in the African context. The role is responsible for the financial performance profit and loss Absa Bank Kenya and any of its subsidiaries.

     

    The Absa Kenya Managing Director is expected to demonstrate the following background and attributes:

    •            Bachelor’s or Master’s degree with at least ten (10) years of experience in commercial banking at senior management level, ideally as CEO or member of the C-Suite

    •            Extremely well-developed senior-level influencing, stakeholder management and conflict management skills.

    •            Very strong networking skills – networked externally and adept at building upon exiting relationships.

    •            Able to work in a complex matrix environment.

    •            Able to influence at the highest levels through clear, informed, and logical argument.

    •            Intellectually strong with good strategic and analytical capabilities.

    •            In-depth understanding of financial services, both insurance and banking product knowledge.

    •            In-depth understanding of regulatory environments.

    •            In-depth understanding of balance sheet management.

    •            Excellent diagnostic skills and rigorous approach to problem solving.

    •            Excellent communication skills at all levels (both verbal and written).

    •            Excellent comprehension skills to understand and interpret industry data and economic trends.

    •            Strong credit risk analysis skills.

    •            Strong formal presentation skills to gain acceptance to solutions, both internally and externally.

    •            Team creation and co-ordination skills to mobilise and manage product specialists.

    •            Strong leadership and people management skills.

    •            Ability to think creatively and identify innovative solutions.

    •            Strong customer relationship skills.

    •            Well-developed understanding of the needs of external and internal customers.

    •            Able to lead change – including leading people through change.

 

 

 

 

 

 

 

Education

 

Bachelor’s Degree: Banking

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