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Fidelity Bank CEO, Onyeali-Ikpe, GTbank MD Olusanya make top 10 list of women CEOs

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Africa.com analyzed 2,020 companies listed on the 24 African stock exchanges. Of the 2,020 companies, Africa.com screened for those with revenue of $100 million or more or a market cap of $150 million or more, which yielded a list of 787 companies.

The public websites of all 787 companies were examined to identify female C-suite executives. The team then researched each woman to determine those who have a title of chief executive officer, managing director, or president, and conducted a review to confirm that these executives have bottom-line and profit-and-loss responsibility for the companies.

The process produced 40 women CEOs in Group 1.

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The methodology for group two is identical to the methodology for group one, except that the entities evaluated were the divisions of the 787 companies, such that the divisions themselves have standalone revenues of $100 million or more.

The women running these divisions must have a title that clearly demonstrates that they are the chief executives with profit and loss responsibility for the division. This analysis yielded 28 women’s division heads.

Group three started with an analysis of global corporations with revenue over $10 billion that have operations in one or more countries on the African continent.

The regional heads of these companies were analyzed to identify women executives for an African region or African country with profit and loss responsibility for the country or region.

This analysis yielded 25 women. The women in this group are ranked by prioritizing those who run the Africa region ahead of those who run a single African country.

The three groups make up the final definitive list of the 93 women listed below.

The 40 women from Group 1 are: Natascha Viljoen, CEO of Anglo American Plc, a company listed on the Johannesburg Stock Exchange; Nompumelelo Zikalala, CEO of Kumba Iron Ore Ltd, also listed on the Johannesburg Stock Exchange. Others are: Mpumi Madisa, CEO, Bidvest Group, a Johannesburg Stock Exchange-listed company;
Bertina Engelbrecht, CEO, Clicks Group Ltd., also listed on the Johannesburg Stock Exchange,

Also on the top 10 list are Nombasa Tsengwa, CEO of Exxaro Resources, listed on the Johannesburg Stock Exchange; Albertinah Kekana, CEO of Royal Bafokeng Holdings, listed on the Johannesburg Stock Exchange; Jane Karuku, Group Managing Director and CEO of East African Breweries, listed on the Nairobi Stock Exchange; and Ntombi Felicia Msiza, CEO of Raubex Group Ltd, listed on the Johannesburg Stock Exchange.

Africa.com is a media holding company with an extensive array of platforms that reach a global audience interested in African content and community.

(omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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