Letshego Holdings Limited has appointed Standard Chartered’s former Global Chief Operating Officer for the international bank’s retail division, Andrew Fening Okai, as the new Group CEO.
In a press statement issued on 15th January, 2020, Andrew Fening Okai’s leadership of the 11 market strong PanAfrican lender will commence once the final local and regulatory requirements have been met.
Andrew Fening Okai stands to bring more than 20 years of international banking experience to Letshego’s top executive post.
Prior to this, Andrew founded Precept Human Capital, a consulting firm dedicated to assessing, profiling, training, coaching and equipping Africa’s next generation of private and public sector leaders with international trends in leadership and expertise.
Given his extensive leadership experience across multiple countries, covering unsecured loans, mortgage-backed lending, asset finance, credit card and microfinance lending, Andrew is ideally placed to progress Letshego Ghana’s onward expansion into non-government sectors and digitised product offerings.
Mr. Fening Okai also enjoyed a dynamic and successful career in Standard Chartered Bank, where his latest role as Group Chief Operating Officer (Group COO) based him in Singapore, with responsibilities spanning the international bank’s footprint across 30 countries in Africa, Asia, the Middle East, Europe and the America’s.
As Group COO, his executive responsibilities included: strategic transformation across processes and platforms; client experience; business/cost efficiencies and risk and compliance. Andrew also played a leading role in managing Standard Chartered’s digital retail investment strategy, along with the framework, policies, procedures and systems required to deliver an enhanced client experience as well as achieve alignment with local regulatory requirements and mitigation of operational risk.
Confirming the appointment on behalf of the Letshego Group Board, Enos Banda, Group Chairman, said,
“Andrew’s career path denotes multi-geography financial expertise in diverse disciplines within a retail banking environment, including governance, strategy, risk and strategic transformation. His experience is not only drawn from Africa, but from diverse emerging markets internationally. I am confident Andrew will bring the leadership, vision and strategic insight Letshego needs to secure our next phase of focus and impact, all while empowering existing and future leaders across our business and delivering long term value for our investors.”
The post Letshego appoints Andrew Fening Okai as new group CEO appeared first on Citinewsroom - Comprehensive News in Ghana, Current Affairs, Business News , Headlines, Ghana Sports, Entertainment, Politics, Articles, Opinions, Viral Content.
Read Full Story
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS