Makhosi Boyede (South African)

Chief Strategy and Business Enablers

Makhosi is BancABC's Chief of Strategy and Business Enablers. Makhosi is a highly experienced banker having spent 16 years largely in the financial services sector and consulting. She began her career as an analyst at Accenture Consulting followed by a process engineer at Nedbank financial services. She subsequently moved to ABSA Bank where she was employed as an internal consultant and proceeded to become the Chief Administration Officer of ABSA Capital. She served on the Executive Committee and was seconded to the role of Chief Administrative Officer (CAO). In addition she was Executive responsible for Marketing and Corporate Communications Corporate and Absa Wealth, Corporate and Social Investment in Absa Capital, Corporate and Absa Wealth, Procurement Management in Absa Capital. She also served as an alternative Chair of the Human Capital Committee. Prior to that she was Associate Director for strategy and planning during a uniquely challenging integration in Absa Capital and seconded to Barclays Strategy and Planning in London. Her most recent role before she joined BancABC, was a Group executive at UBank where she was responsible for Corporate Strategy, Programme Office and Business Development.


She served as a member of various Board and Exco governance subcommittees, including Enterprise wide risk management, ALCO, investment committee. She was also a Chair of the Strategic Programme Office Steerco.

Makhosi holds a Bachelor of Chemical Engineering from the University of Pretoria, a Postgraduate Diploma in Business Administration and MBA from the Gordon Institute of Business Science.


Amelia Reynecke (South African)

Chief Technology and Operations Officer

Amelia is the Chief Technology and Operations Officer for BancABC, a role she assumed since she joined BancABC in January 2015. She spent 33 years in the banking industry, working at some of South Africa's largest banks. She began her management career in the International Treasury Division at Nedbank and subsequently moved into operations and technology - a field that has occupied 24 years of her career with institutions such as Société Générale Bank and Nedbank Capital. Prior to joining BancABC, Amelia was Head of Operations and Technology, Wholesale, Wealth and Group payments at Barclays Africa.

She served as a director on several industry boards including the Bank Serve Clearing House, the South African Treasury Operations Forum, the Payment Association of South Africa and the SWIFT User of South Africa forum (SUSA).

Amelia attended a Senior Management Development Program at WITS Graduate school of Business Administration. She also attended courses in leadership, financial and conflict management.


Joe Sibanda (Zimbabwean)

Managing Director BancABC Zimbabwe

Joe is the Managing Director for BancABC Zimbabwe. He is a seasoned banking executive with 39 years of experience, having worked for reputable financial institutions such Standard Chartered Bank Zimbabwe Limited, Standard Chartered Merchant Bank Zimbabwe Ltd, Syfrets Corporate & Merchant Bank (Sybank) the Merchant Banking Division of Zimbabwe Banking Corporation Holdings Limited (FINHOLD), in various leadership positions. He joined African Banking Corporation of Zimbabwe Limited in 2000 as the Banking Executive Director responsible for developing and implementing strategies for the banking division. He proceeded to various senior leadership roles in the different countries including the Managing Director for BancABC Mozambique, BancABC Zimbabwe and BancABC Botswana respectively where, he was responsible to plan, develop and direct implementation of business, financial and operational strategies in order to achieve the strategic goals of the Country and Group. Joe was subsequently re-appointed as the MD for BancABC Zimbabwe In 2014.


Joe successfully implemented strategies to transform BancABC Botswana from a leasing company to a fully-fledged business bank between 2002 and 2004 resulting in customer deposit portfolio growing 4 fold. During his tenure at African Banking Corporation of Zimbabwe, the bank was voted the best listed company in the Financial Services sector in Zimbabwe for 2006 and 2007.


Joe holds a BCom. Degree in Economics and Business Management and a Certificate from the Institute of Bankers of South Africa.  He is an associate of the Institute of Bankers in Zimbabwe. He attended various training programmes including Strategy and Management in Banking, Executive Leadership, Trade Finance and Asset Liability Management.


Dr Mabouba Diagne (Senegalese)

Group Head of Corporate & Investment Banking

Dr Mabouba Diagne is the Group Head of Corporate & Investment Banking (CIB) for BancABC, currently responsible for all the 5 countries for Banc ABC which is 100% owned by Atlas Mara. He is a seasoned international corporate banking executive with a cumulative experience of over 20 years of International Banking having worked in Germany, London and South Africa. He has worked for various banking institutions including Commerzbank in Frankfurt & London, Dresdner Bank in London & Frankfurt, Credit Suisse in London, Deutsche Bank, and Standard Bank (London) with particular focus in Investments, Valuations, and Risk.


His most recent role before joining BancABC was at Barclays Bank as the Regional Managing Director Head of Corporate Coverage for Southern Africa where he was responsible for defining and driving the strategy and execution plan for the corporate activities of 6 Barclay's African countries. He spent 5.5years with Barclays Bank, running 6 out of the 12 countries of Barclays Bank in Africa. Dr Mabouba also worked for Absa Capital as the Chief Operating Officer for CIBW Infrastructure Barclays Africa and Co-Head of Product Control.


Dr Mabouba holds a PHD in Financial Risk Management & Portfolio Optimization and four Master Degrees: A Master of Financial Mathematics from University of Kaiserslautern (Germany), an International Post Graduate Diploma in Mathematics (UN ICTP in Italy), a Postgraduate D.E.A and a Master & a Bachelor's Degree in Applied Maths & Computer Science as well as D.E.U.G in Applied Mathematics and Computer Sciences all from University of Gaston Berger (Senegal).


Dr Mabouba speaks English, German, Italian, French and his native Senegalese language Wolof.


Arjan Molenkamp (Dutch)

Group Head of Retail & Business Banking

Arjan is the Group Head of Retail & Business Banking for BancABC. He is an all-round banker with 25 years' experience in Retail, Corporate and Operations. Arjan has been working in various Sub-Saharan countries for the last 9 years and is very passionate about customer service, leadership and change management. He has performed executive roles for various banks including Credit Lyonnais and Fortis / MeesPierson Bank in Netherlands. He also held leadership positions at various institutions including Rabo Bank as the Director of Retail and at Zanaco Bank in Zambia as Director Retail where, he oversaw the privatisation of Zambia National Commercial Bank. Prior to joining BancABC, Arjan worked in Tanzania as the Chief Operations Officer for NMB Bank and was subsequently appointed to the role of Chief Retail Banking Officer where he was responsible for 165 NMB branches.


Arjan holds a bachelor in Economy from the Advanced School of Economics in Enschede as well as a Diploma in Banking from the Dutch Institute of Banking. He completed his Executive MBA at the Erasmus University Rotterdam. He has also done various Executive programs at IMD Switzerland, Harvard USA and Oxford UK.


Kerry Kleinhans (South African)

Group Head of Legal and Compliance

Kerry is the Group Head of Legal and Compliance for BancABC. She is a seasoned legal executive with over 20 years of legal experience in the banking sector having worked for financial institutions such as BoE Bank, First National Bank and Citibank. Kerry started her career as a Candidate Attorney in 1995 focusing mainly in litigation and collections. She moved to BoE Bank in Durban as the Risk Manager responsible for collections and litigation for the Kwa-Zulu Natal region. Subsequently she joined First National Bank Corporate & Transactional Bank, where she held various management positions including Head of Legal and Compliance responsible for managing in house legal Counsel including developing and implementing legal strategy for the Corporate Bank as well as identifying legal risks and implementing mitigation strategies. She also held the roles of Head of Strategic Operational Risk Team, Head of Compliance and Manager of Corporate Recoveries.


Kerry's most recent role before joining BancABC was at Citibank, N.A. where she was Division Counsel for Sub Sahara Africa, Turkey and Israel responsible for the management of full legal function across all  products and functions for 13 presence and 33 non presence countries covering all aspects of legal risk including company secretarial functions. She is an admitted Attorney and was a Certified Ethics Officer. She holds a B. Proc from the University of Port Elizabeth and an AIPSA Diploma in Insolvency Law & Practice from the University of Pretoria as well as a Money Laundering Control from University of Johannesburg. Kerry attended various conferences including International Insolvency Conference, ABLU, Compliance Monitoring Workshop and the Annual International Money Laundering Conference.