Barclays MD race heats up
Friday, January 25, 2019
Barclays, the country’s second biggest bank by balance sheet, is entering a precarious period in which the new MD will have to manage the organisation’s transformation into the Absa Group, from Barclays PLC.
Industry insiders told BusinessWeek that while Barclays’ chief operating officer (COO), Keabetswe Pheko-Moshagane remained the front-runner for the position; Bashi Gaetsaloe’s recent departure from the Botswana Development Corporation (BDC) had fuelled speculation that his name could be added to the hat.
Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...