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1st Quarter 2010 Issue 11 An IC Publication

ProFile gtbank’s aderinokun

H o w t o iron out currency upheavals Preparing for future shocks

Finance bonanza For the ‘small gu y ’

China Exim to the rescue? African stock market roundup African Banker’s

World

Eurozone €8.00, UK £5.50, USA $9.95, Australia A$15.00, Bahrain Bd3.000, Canada $11.00, CFA Zone CFA5.000, denmark dKr 65, Egypt E£30, Ethiopia R40,

Gambia da100, Ghana GH¢5.00, Indonesia R59.000, Jamaica $400, Japan ¥1400, Jordan Jd5.000, Kenya KShs450, Kuwait Kd2.500, Lebanon LL10.000, Liberia US$6.00, Malaysia RM30, Mauritius MR300, Morocco dh40, Nigeria N600, Norway NoK120, oman oR3.000, Qatar QR30, Saudi Arabia Rls30, Sierra Leone LE10,000,

Singapore S$14, South Africa R39.90 (inc tax), other

Southern African countries R35 (excl tax), Sweden SKr65, Switzerland SFr15.00, Tanzania TShs7,500, Tunisia Td5.000, Turkey 6.00yTL, UAE dh30, Uganda

USh12,000, Zambia K25,000

united kingdom united kingdom ic puBlicAtions, 7 coldBAth sQuAre, london ec1r 4lQ tel: +44 20 7841 3210 Admin fAx: +44 20 7713 7898 editoriAl fAx: +44 20 7841 3211 e-mAil: icpuBs@AfricAsiA.com WWW.AfricAsiA.com frAnce ic puBlicAtions, 609 BAt A 77 rue BAYen 75017 pAris tel: +33 1 44 30 81 00 fAx: +33 1 44 30 81 11 e-mAil: info@icpuBlicAtions.com WWW.icpuBlicAtions.com group puBlisher: Afif Ben Yedder Directeur de la publication (benyedder@africasia.com) editor: Anver Versi editoriAl consultAnt: Christian Udechukwu correspondent-At-lArge: Stephen Williams Art director: Carlo Nicolaou editoriAl AssistAnt: Carole Lambert cONTENTs AfricAn BAnker 1sT quARTER 2010

4 editoriAl

PUT INTEGRITY BACK INTO BANKING AfricAn BAnker’s World NEWS IN BRIEF neW Appointments WHO’S MOVED WHERE cover storY FINANCE BONANZA FOR THE ‘SMALL GUYS’ profile GTBANK’S TAYO ADERINOKUN – INTEGRITY IS THE KEY topic FUTURE SHOCK – HOW AFRICA CAN MITIGATE CRISIS events PARIS FINANCIAL INNOVATIONS FORUM privAte eQuitY TLG CAPITAL – PROFITS WITH A CONSCIENCE

investment TCX – IRONING OUT CURRENCY UPHEAVALS intervieW BADEA’S ABDELAZIZ KHELEF internAtionAl CHINA EXIM – THE LISTENING BANK? spotlight KWFT – EMERGENCE OF A RURAL GIANT regulAtors CALEB FUNDANGA – GOVERNOR, BANK OF ZAMBIA AfricA’s stock mArkets BONDS BECOMING WEAPONS OF CHOICE

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