User:Thom at Aprio/BAGL

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Factual inaccuracies and update discussion

Good day. I am a paid employee at Aprio Communications which is contracted to provide communications services and PR to Barclays Africa Group. Full disclosure: I would like to acknowledge a conflict of interest as this request is made on behalf of Barclays Africa.

Factual inaccuracies

There are a number of factual inaccuracies which relate to old reporting figures which, with your help, should now be replaced by the audited figures which were announced at the latest Financial Year End Results presentation on 23 February 2017. These are audited figures and are all available on the Barclays Africa website for further scrutiny - www.barclaysafrica.com.

Please feel free to contact me via the talk page should you wish to discuss any of these edits.

Content updates

A vast portion of the information in this article is outdated and attributed to Absa bank. As the article refers, Absa is in fact a subsidiary of Barclays Africa (since 2013) however there are still a number references made to Absa Sponsorships, Absa Social Responsibility initiatives, Bank Charges relating to Absa, and a section on Mortgage Loans which relates to Absa. This ignores the broader Barclays Africa group and is therefore somewhat misleading. The photo on the page also shows the Absa building in Johannesburg.

I would very much like to open the discussion as to how to possibly remedy this.e.g. Would it be feasible to create a separate Absa page?

There are a number of updates to this content which we also can suggest - provided the current sections on the page are still appropriate - but this would refer to the latest annual report for the year ended December 2016 (which is still being published). I am cognisant that these suggestions may also require 3rd party referencing as well.

Any suggestions would be most welcome.

I'm happy to answer any questions here. Thanks in advance!

Thom

Infobox
  • My proposed infobox updates includes an edit to the Products, Revenue, Operating income, Net income, Total assets, Total equity, Owner, Number of employees and Subsidiaries parameters.
Proposed infobox updates
Barclays Africa Group
ProductsPersonal banking, Business banking, Credit cards, Corporate and Investment banking, Wealth management, Investment management, Insurance, Financial services
RevenueIncrease R72.39 billion (2016)[1]
Increase R21.68 billion (2016)[1]
Increase R15.85 billion (2016)[1]
Total assetsDecrease R1.10 trillion (2016)[1]
Total equityIncrease R102.28 billion (2016)[1]
OwnerBarclays plc (50.1%)[1]
Number of employees
41 241 (permanent and temporary) (2016)[2]
SubsidiariesAbsa Bank Limited
Barclays Bank of Botswana Limited
Barclays Bank of Ghana Limited
Barclays Bank of Kenya Limited
Barclays Bank of Mauritius Limited
Barclays Bank of Mozambique SA
Barclays Bank of Seychelles Limited
Barclays Bank of Uganda Limited
Barclays Bank of Tanzania Limited
Barclays Bank of Zambia PLC
National Bank of Commerce Limited (Tanzania)
Websitewww.barclaysafrica.com
Markup

{{Infobox company
| name = Barclays Africa Group
| logo = [[File:Barclays logo.svg|225px]]
| image =
| image_caption = Barclays Africa Group Head Office in [[Johannesburg]]
| type = [[Public company|Public]]
| traded_as = {{jse|BGA}}
| foundation = 1991: as Amalgamated Banks of South Africa Limited<br>2013: as Barclays Africa Group Limited
| location =
| location_city = [[Johannesburg]]
| location_country = [[South Africa]]
| key_people = Wendy Lucas-Bull<br>(Group Chairman)<br>Maria Ramos<br>(Group Chief Executive)
| area_served = [[Botswana]], [[Ghana]], [[Kenya]], [[Mauritius]], [[Mozambique]], [[Namibia]], [[Nigeria]], [[Seychelles]], [[South Africa]], [[Tanzania]], [[Uganda]], [[Zambia]]
| num_employees = 41 241 (permanent and temporary) (2016)<ref name= "2015 Annual Report"/>
| revenue = {{increase}} [[South African rand|R]]R72.39 billion (2016)<ref name= "2016 full year results">{{cite web|url=http://www.barclaysafrica.com/deployedfiles/Assets/Richmedia/PDF/SENS/2017/03.March/Full_year_2016_results_23_Feb.pdf|title=Barclays Africa Group Limited: Summary consolidated financial results for the reporting period ended 31 December 2016|author= |publisher=Barclays Africa Group Limited|date= |accessdate=2016-09-24}}</ref>
| operating_income = {{increase}} R21.68 billion (2016)<ref name= "2016 full year results"/>
| net_income = {{increase}} R15.85 billion (2016)<ref name= "2016 full year results"/>
| assets = {{decrease}} R1.10 trillion (2016)<ref name= "2016 full year results"/>
| equity = {{increase}} R102.28 billion (2016)<ref name= "2016 full year results"/>
| owner = [[Barclays|Barclays plc]] (50.1%)<ref name= "2016 full year results"/>
| industry = [[Bank]]ing, [[Financial services]], [[Investment|Investment services]], [[Insurance|Insurance services]]
| products = [[Retail banking|Personal banking]], [[Commercial bank|Business bank]]ing, [[Credit card]]s, [[Commercial bank|Corporate]] and [[Investment banking]], [[Wealth management]], [[Investment management]], [[Insurance]], [[Financial services]]
| parent =
| subsid = Absa Bank Limited<br/>Barclays Bank of Botswana Limited<br/>Barclays Bank of Ghana Limited<br/>Barclays Bank of Kenya Limited<br/>Barclays Bank of Mauritius Limited<br/>Barclays Bank of Mozambique SA<br/>Barclays Bank of Seychelles Limited<br/>Barclays Bank of Uganda Limited<br/>Barclays Bank of Tanzania Limited<br/>Barclays Bank of Zambia PLC<br/>National Bank of Commerce Limited (Tanzania)

| homepage = {{URL|http://www.barclaysafrica.com}} }}
Overview
  • My proposed update for the introduction first sentence would change the company ownership percentage.
Proposed introduction
Barclays Africa Group Limited is 50.1%[1] owned by Barclays Bank PLC and is listed on the JSE Limited. The group is one of Africa’s major financial services providers offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and Bancassurance.
Markup

==Overview==

Barclays Africa Group Limited is 50.1%<ref name= "2016 full year results"/> owned by [[Barclays Bank]] PLC and is listed on the JSE Limited. The group is one of Africa’s major financial services providers offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, and Bancassurance.
Structure
  • My proposed update for the introduction would change the company ownership percentage.
Proposed introduction
Barclays Africa Group Limited is 50.1%[1] owned by Barclays Bank Plc., and is listed on the JSE Limited. Barclays Bank of Kenya and Barclays Bank Botswana continue to be listed on their respective stock exchanges.
Markup

==Structure==

Barclays Africa Group Limited is 50.1%<ref name= "2016 full year results"/> owned by Barclays Bank Plc., and is listed on the [[JSE Limited]]. [[Barclays Bank (Kenya)|Barclays Bank of Kenya]] and Barclays Bank Botswana continue to be listed on their respective stock exchanges.
Leadership
  • There are quite a few changes to the leadership list.
Proposed leadership updates

Barclays Africa Group executive committee:[3]

  • Deputy Chief Executive Officer (South African operations): David Hodnett
  • Deputy Chief Executive Officer (Rest of Africa operations): Peter Matlare
  • Financial Director: Jason Quinn
  • Chief Risk Officer: Arrie Rautenbach
  • Chief Executive: Wealth, Investment Management and Insurance: Nomkhita Ngweni
  • Head of Compliance: Yasmin Masithela
Markup

Barclays Africa Group executive committee:<ref>{{cite web|url=http://www.barclaysafrica.com/barclaysafrica/About-Us/Board-and-Management/Executive-Committee|title=Barclays Africa Group - Executive Committee|author= |publisher=Barclays Africa Group Limited|date= |accessdate=2017-03-09}}</ref>
* Chief Executive Officer: '''Maria Ramos'''
* Deputy Chief Executive Officer (South African operations): '''David Hodnett'''
* Deputy Chief Executive Officer (Rest of Africa operations): '''Peter Matlare'''
* Financial Director: '''Jason Quinn'''
* Chief Risk Officer: '''Arrie Rautenbach'''
* Group Executive: Marketing, Communications and Public Affairs '''Bobby Malabie'''
* Chief Operating Officer: '''Charles Russon'''
* General Counsel: '''Charles Wheeler'''
* Chief Executive: Retail and Business Banking '''Craig Bond'''
* Chief Executive: Wealth, Investment Management and Insurance: '''Nomkhita Ngweni'''
* Group Human Resources Executive: '''Sarah Louw'''

* Head of Compliance: '''Yasmin Masithela'''
Major shareholders
  • Here is the latest shareholding information.
Proposed shareholding table

Below is the group’s 10 largest shareholders as at 31 December 2016:[4]

Majority shareholders 31 Dec 2016 (%)
Barclays Bank PLC (UK) 50.10
Public Investment Corporation (SA) 6.86
Old Mutual Asset Managers (SA) 3.31
Allan Gray Investment Council (SA) 2.16
Prudential Portfolio Managers (SA) 2.01
Schroders PLC (US) 1.93
BlackRock, Inc. (USA, UK) 1.69
The Vanguard Group (US, AU) 1.66
Dimensional Fund Advisors (US, UK, AU) 1.65
Sanlam Investment Managers (SA) 1.62
Other 27.21
Geographical holding (by owner) 31 Dec 2016 (%)
United Kingdom 54.10
South Africa 25.32
United States and Canada 11.64
Other countries 8.94
Markup

==Major shareholders==
Below is the group’s 10 largest shareholders as at 31 December 2016:<ref>{{cite web|url=http://www.barclaysafrica.com/barclaysafrica/Investor-Relations/Shareholders/Major-shareholders|title=Barclays Africa Group - Major shareholders|author= |publisher=Barclays Africa Group Limited|date= |accessdate=2017-03-09}}</ref>

{| class="wikitable"
|-
! style="background:#ABCDEF;width:20em" | Majority shareholders
! style="background:#ABCDEF;width:10em" | 31 Dec 2016 (%)
|-
| [[Barclays|Barclays Bank PLC]] (UK) || style="text-align:right;" | 50.10
|-
| [[Public Investment Corporation]] (SA) || style="text-align:right;" | 6.86
|-
| Old Mutual Asset Managers (SA) || style="text-align:right;" | 3.31
|-
| [[Allan Gray Investment Management|Allan Gray Investment Council]] (SA) || style="text-align:right;" | 2.16
|-
| Prudential Portfolio Managers (SA) || style="text-align:right;" | 2.01
|-
| [[Schroders|Schroders PLC]] (US) || style="text-align:right;" | 1.93
|-
| [[BlackRock|BlackRock, Inc.]] (USA, UK) || style="text-align:right;" | 1.69
|-
| [[The Vanguard Group]] (US, AU) || style="text-align:right;" | 1.66
|-
| [[Dimensional Fund Advisors]] (US, UK, AU) || style="text-align:right;" | 1.65
|-
| Sanlam Investment Managers (SA) || style="text-align:right;" | 1.62
|-
| Other || style="text-align:right;" | 27.21
|}

{| class="wikitable"
|-
! style="background:#ABCDEF;width:20em" | Geographical holding (by owner)
! style="background:#ABCDEF;width:10em" | 31 Dec 2016 (%)
|-
| [[United Kingdom]] || style="text-align:right;" | 54.10
|-
| [[South Africa]] || style="text-align:right;" | 25.32
|-
| [[United States]] and [[Canada]] || style="text-align:right;" | 11.64
|-
| Other countries || style="text-align:right;" | 8.94
|}

I'm happy to answer any questions here. Thanks in advance! Thom at Aprio (talk) 09:07, 13 March 2017 (UTC)

  1. ^ a b c d e f g h "Barclays Africa Group Limited: Summary consolidated financial results for the reporting period ended 31 December 2016" (PDF). Barclays Africa Group Limited. Retrieved 2016-09-24.
  2. ^ "Barclays Africa Group Limited: Financial results for the reporting period ended 31 December 2016 booklet" (PDF). Barclays Africa Group Limited. Retrieved 2016-09-24.
  3. ^ "Barclays Africa Group - Executive Committee". Barclays Africa Group Limited. Retrieved 2017-03-09.
  4. ^ "Barclays Africa Group - Major shareholders". Barclays Africa Group Limited. Retrieved 2017-03-09.