Addis Ababa, March 15th – Kennedy G. Bungane, the Group Chief Executive Officer (GCEO) of African Bank, has been awarded the prestigious African Banking Leadership Commendation Award at the African Leadership Persons of the Year (POTY) Award Ceremony. The event, themed “Building Resilient African Economies,” kicked off March 14th, and 15th.
Kennedy G. Bungane is a distinguished South African businessman with a remarkable career in the financial sector. He served as the CEO of African Rainbow Capital (ARC), an investment firm founded by South African billionaire Patrice Motsepe. During his tenure at ARC, Bungane led the company’s expansion into various sectors, including financial services, telecommunications, and energy. Under his leadership, ARC aimed to invest in businesses that contribute to the growth and transformation of the African economy.
Prior to his role at ARC, Bungane served as the CEO of Barclays Africa Group Limited (now known as Absa Group Limited) from 2009 to 2012. He has also held various leadership positions in other financial institutions in South Africa. Bungane’s extensive experience and expertise in the financial industry have earned him recognition for his outstanding leadership and contributions to the business community in South Africa.
Kennedy G. Bungane’s recognition with the African Banking Leadership Commendation Award reflects his commitment to advancing Africa’s economic growth and transformation. He has been actively involved in initiatives aimed at fostering economic development and empowerment in South Africa and beyond.
The African Leadership Persons of the Year (POTY) Ceremony, organized by the African Leadership Magazine, serves as a prestigious platform for honoring people-centered leadership and individuals championing a pan-African agenda. The event highlights the contributions of exceptional leaders who are driving Africa’s socio-economic growth and development forward.
Among the exclusive dignitaries confirmed to attend the ceremony are His Excellency William Ruto, President of the Republic of Kenya; His Excellency George Weah, former President of Liberia; Hon. Cllr. Fonati Koffa, Speaker of the Liberia House of Representatives; His Excellency Rodrigo Guzmán Barro, Ambassador, Embassy of Chile in Addis Ababa; Hon. Dr. Kailesh Jagutpal, Minister of Health and Wellness, Mauritius, and other notable figures from across Africa.
African Leadership Magazine, published by the African Leadership Organization (UK), has been dedicated to showcasing the best of Africa to a global audience for over 16 years. Through quality Afro-positive content, trade facilitation, business networking platforms, and public sector training and consulting, the organization aims to advance African opportunities globally.