Barclays Africa to shut down Nairobi office over redundancy

Mr Zahid Mustafa, director retail and business at Barclays Kenya. PHOTO | DIANA NGILA | NATION MEDIA GROUP

What you need to know:

  • The move is expected to see redeployment of over 30 staff based here but will not affect Barclays Bank Kenya employees.
  • The office was established in 2010 to offer Barclays subsidiaries in Africa technical support but is said to have lost relevance in light of merging of operations with Absa to from Barclays Africa group.

Barclays Africa Group will close its regional management office based in Nairobi shifting all support role to its South Africa premises.

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