Nomkhita Nqweni to spearhead Absa Wealth and Barclays Wealth in sub-Saharan Africa

Nomkhita Nqweni

Absa Wealth, the wealth management offering of Absa Bank Ltd (Absa), announced today that Nomkhita Nqweni has been appointed Global Market Manager Africa to spearhead a single strategy for Absa Wealth and Barclays Wealth, to whom it is affiliated, across sub-Saharan Africa, with immediate effect.

In her new role Nqweni will be responsible for taking advantage of business and growth opportunities in the region and further developing Barclays Wealth and Absa Wealth’s top client relationships.

Nqweni will continue in her current role as Managing Executive of Absa Wealth.

“We are delighted for Nomkhita as she is perfectly positioned for this new role. Her strong local knowledge and expertise of the African market will compliment the global offering from Barclays Wealth,” said Stephen van Coller, Chief Executive for Absa Capital and Absa Wealth.

“One of the core values of our firm speaks to hiring developing and retaining the best talent in the market. It is particularly rewarding then to see that 12 months after her appointment as Managing Executive of Absa Wealth, Nomkhita has agreed to take on these added responsibilities,” added van Coller.

Nqweni’s appointment also reflects Barclays Wealth and Absa Wealth’s commitment to building a sustainable and scalable wealth management business in the region, in line with the Barclays and Absa ‘One Bank in Africa’ strategy.