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Team of the monthNovember 24 2010

Barclays lays a marker in Africa

Barclays is not in Africa to make a quick buck, but to develop a long-standing relationship with a continent it has not lavished with quite the attention that it deserves, according to Barclays Retail CEO Antony Jenkins.
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Barclays lays a marker in AfricaAntony Jenkins, CEO of Barclays Retail

With operations in 10 countries across the continent, Barclays has one of the broadest franchises in Africa of any international bank and, according to Antony Jenkins, CEO of Barclays Retail, it is a business unit of growing strategic importance for the group.

"In my view, Africa is a bit of a jewel in the Barclays crown that we've probably paid less attention to than we should have done in the past few years," he says, speaking from the bank's global headquarters in London's Canary Wharf.

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