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AfrAsia Bank appoints new Chief Executive Officer

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Malachy McAllister has been appointed as the new Chief Executive Officer of Afrasia Bank, effective 03 December 2021.

“It’s now time for AfrAsia to evolve into a new phase of growth and this leadership change is a stepping stone in achieving this vision,” said the Chairman of AfrAsia Bank, Inderjit Bedi.

Malachy brings over 32 years of expertise across international markets, including 16 years at senior leadership levels.

“Malachy’s steadfast leadership has successfully shaped the businesses he has led worldwide, which gives us the confidence that he will catalyse the consolidation of our position as a Systemically-Important Bank in Mauritius whilst reinforcing the deployment of the brand internationally and driving new market access across Africa, Asia, and Europe,” the Chairman added.

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