Just in: Standard Bank appoints acting CEO in Mozambique

Standard Bank has appointed an unnamed acting CEO to replace the outgoing country MD, Adimohanma Chukwuma Nwokocha, who was fined roughly R1.5 million by the Bank of Mozambique this week for fraudulent activities, following an on-site inspection by the bank. Also fined was Domingos Francisco Madeira, director of corporate and investment banking “for serious infringements … Continue reading Just in: Standard Bank appoints acting CEO in Mozambique