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Asset Management / Wealth Management / On The Move
Standard Chartered names top CPBB executive
Bongiwe Gangeni to lead consumer, private and business banking in Africa, Middle East and Europe
The Asset 17 Nov 2021
Bongiwe Gangeni
Bongiwe Gangeni

Standard Chartered has appointed Bongiwe Gangeni as head of consumer, private & business banking (CPBB) for Africa & the Middle East, and Europe, subject to regulatory approval. Gangeni will be based in Dubai when she joins the bank in March 2022.

Gangeni is joining the bank from Absa, where she spent the last 14 years, most recently as a member of the group executive committee, with the dual roles of deputy chief executive officer for retail and business banking, and head of relationship banking. Her career at Absa comprised roles across businesses such as the small and medium enterprises (SME) segment, micro-enterprise finance, commercial cards, inclusive banking, private banking and wealth management.

Prior to joining the banking sector, Gangeni was a consultant with Accenture, and also practised as a pharmacist. She holds a bachelor of pharmacy degree from the University of the Witwatersrand in South Africa, a postgraduate diploma in management from Wits Business School, a masters in business administration from the University of Pretoria’s Gordon Institute of Business Science and has completed an advanced management programme at Harvard Business School.

Judy Hsu, CPBB chief executive officer at Standard Chartered, says: “Our franchise in Africa and the Middle East gives us tremendous opportunities to deliver financial services to the mass retail and SME segments as we drive financial inclusion and lift participation in the region. It is also a great platform for us to serve the growing number of affluent clients in our footprint and deliver best-in-class wealth solutions and advisory.” 

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