JOHANNESBURG – Peter Matlare has been appointed deputy chief executive officer of Barclays Africa, the banking group announced on Friday.
Matlare, who has been an independent non-executive director of Barclays Africa Group since December 2011, will be responsible for the bank’s rest of Africa banking operations. He becomes an executive director of the group with effect from August 1.
Matlare was CEO of Tiger Brands Limited from 2008 to 2015 and led its failed venture into Nigeria, which cost the group billions of rands.
He has held senior roles with Vodacom Group Limited, Vodacom South Africa, the South African Broadcasting Corporation, and Primedia Broadcasting & Entertainment. Matlare holds a BSc (Hons) and MA from the Universities of Plymouth and York respectively.
“David Hodnett continues in his role as deputy chief executive officer, focusing on our South African banking operations, and financial director,” Barclays Africa said.