Peter Matlare has been appointed deputy chief executive of Barclays Africa Group. He will be responsible for the group’s banking operations in Africa, excluding South Africa.
Maria Ramos, Group CEO said, “Peter is a seasoned executive that brings a wealth of skills and leadership experience across multiple industries. He knows our business intimately having served as an independent non-executive director since 2011. We look forward to his contribution as we continue to pursue our growth strategy in markets across the continent.”
Matlare is the former CEO of South Africa’s consumer goods manufacturer Tiger Brands. He served for a period of seven years during which he oversaw its expansion into Nigeria and Kenya.
“I am delighted to join a team that has delivered sustainable and strong returns for shareholders on the back of a sound and differentiated strategy and I look forward to contributing to its success in a new role,” he said of his appointment.
Matlare retains his position on the Barclays Africa board but becomes an executive director.
His appointment is effective August 1, 2016.