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Absa Bank Botswana: CEO, Ownership & Profile

Company: Absa Bank Botswana

Country: Botswana

Sector: Regional Banks

CEO: Keabetswe Pheko-Moshagane (Managing Director and CEO)

Website: Not publicly listed

Careers Page: Not publicly listed

LinkedIn: Not publicly listed

Email: Not publicly listed

Headquarters: Gaborone, Botswana

Founded: 1950 (began as a Barclays Bank Plc branch); incorporated as a separate entity in 1975

Valuation/Revenue: $436.7m market value (African Business Top 250, 2025); total assets ~BWP 17.96bn (~US$1.61bn) and equity ~BWP 2.10bn as of 30 June 2019, per company disclosures

Absa Bank Botswana Limited is a leading commercial bank in Botswana offering retail, corporate, business and wealth banking services to individuals, SMEs, large corporates and high-net-worth clients. It operates as the Botswana subsidiary of South Africa-based Absa Group Limited, one of Africa’s largest financial services groups, and is listed on the Botswana Stock Exchange.

What Does Absa Bank Botswana Do?

Absa Bank Botswana provides a full range of banking services including personal and business current and savings accounts, home loans and vehicle finance, corporate and investment banking, treasury services, and wealth and investment management for high-net-worth individuals. It serves retail customers, small and medium enterprises, and large corporate clients across Botswana through a network of branches concentrated in Gaborone and other major towns.

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How Old Is Absa Bank Botswana?

The bank traces its roots to 1950, when it began operations as a branch of Barclays Bank Plc in Botswana. It was incorporated as a separate legal entity in 1975. In December 2019, the bank began rebranding from Barclays Bank of Botswana Limited to Absa Bank Botswana Limited, completing the transition on 10 February 2020, following the broader separation of Barclays Africa Group from UK-based Barclays Plc and its rebrand as Absa Group.

Who Owns Absa Bank Botswana?

Absa Bank Botswana is a subsidiary of Absa Group Limited, a Johannesburg Stock Exchange-listed financial services conglomerate operating across 12 African countries, including South Africa, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda and Zambia. Absa Group itself was formerly majority-owned by UK bank Barclays Plc, which sold down its stake beginning in 2016-2017; Absa Group has since operated as an independent, majority African-owned banking group.

Is Absa Bank Botswana Publicly Traded?

Yes. Absa Bank Botswana Limited has been listed on the Botswana Stock Exchange since 19 June 1989, trading under the ticker ABBL, making it one of the exchange’s longest-standing listed financial institutions.

How Big Is Absa Bank Botswana?

As of 30 June 2019, Absa Bank Botswana reported total assets of approximately BWP 17.96 billion (about US$1.61 billion) and shareholders’ equity of roughly BWP 2.10 billion (US$188.44 million); more recent balance-sheet figures were not independently verified in this research session. According to African Business magazine’s Top 250 Companies in Africa (2025), the bank had a market value of approximately $436.7 million, ranking 276th among the continent’s largest listed companies.

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Who Is the CEO of Absa Bank Botswana?

Keabetswe Pheko-Moshagane serves as Managing Director and Chief Executive Officer of Absa Bank Botswana, per publicly available banking-sector references.

Where Is Absa Bank Botswana Headquartered?

The bank’s head office is located on the 5th Floor, Building 4, Plaza, Plot 74358, in Gaborone’s central business district, Botswana’s capital.

How Does Absa Bank Botswana Compare to Its Competitors?

Absa Bank Botswana competes with other major banks operating in Botswana, including Stanbic Bank Botswana, First National Bank Botswana, Standard Chartered Bank Botswana and Bank Gaborone, among others. As part of the wider pan-African Absa Group, it benefits from group-level scale, risk management and product development shared across the group’s 12-country African footprint.

How Do I Contact or Apply for a Job at Absa Bank Botswana?

No independently verified careers page, LinkedIn company page or public contact email could be confirmed during this research session; readers should search “Absa Bank Botswana” directly on LinkedIn or via the Absa Group careers portal for current vacancies.

Links

Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed

FAQ

Q: Who owns Absa Bank Botswana?
A: It is a subsidiary of South Africa-based Absa Group Limited.
Q: Who is the CEO of Absa Bank Botswana?
A: Keabetswe Pheko-Moshagane serves as Managing Director and CEO.
Q: Was Absa Bank Botswana previously called Barclays?
A: Yes, it operated as Barclays Bank of Botswana until it rebranded to Absa Bank Botswana between December 2019 and February 2020.
Q: Is Absa Bank Botswana publicly traded?
A: Yes, on the Botswana Stock Exchange under the ticker ABBL since 1989.
Q: How big is Absa Bank Botswana?
A: African Business magazine’s Top 250 (2025) valued it at approximately $436.7 million; its most recently confirmed total assets (mid-2019) were about BWP 17.96 billion.
Q: Where is Absa Bank Botswana headquartered?
A: Gaborone, Botswana.