Renown Zambian author Dambisa Moyo
Barclays PLC and Barclays Bank have appointed Dambisa Moyo as a non-executive director to boards of Barclays and Barclays Bank, effective May 1, 2010.

Ms Dambisa has a financial services background, having worked for both Goldman Sachs and the World Bank. She worked for the World Bank in the Europe and Central Asia and Africa Departments from 1993 to 1995.

Ms Dambisa worked for Goldman Sachs for eight years until November 2008 in the debt capital markets, hedge funds coverage and global macroeconomics teams. She has written and lectured on subjects around international economics and global development issues. She is currently serving as a non-executive director on the boards of SABMiller and Lundin Petroleum.

Marcus Agius, chairman of Barclays, said: “I am delighted that Dambisa is joining Barclays. Her background in financial services and as a global economist will bring valuable insight to the Barclays board.”

[www.tradingmarkets.com]

Unusual choice for Barclays’ board

The Zambian will be the only woman on the bank’s board when she joins on May 1.

Chairman Marcus Agius says ‘her background in financial services and as a global economist will bring valuable insight to the Barclays board.’

Moyo is a slightly unusual choice in that she has not held a traditional role within a major corporate firm, however the last female hired to work on the Barclays board was journalist Patience Wheatcroft.

Moyo worked for the World Bank from 1993 to 1995, before embarking on a PhD in Economics. She then worked at Goldman Sachs for eight years until November 2008. Since then she has been writing and lecturing. She is also a non-executive director at SABMiller and Lundin Petroleum.

[This is Money – part of the Daily Mail]

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82 COMMENTS

  1. Go Dambisa, you make proud to be Zambia. This lady is intelligent, i wish Zambia could consult her on some financial and developmental issues.

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  2. Yeah ! That`s what am talking about.I like this lady for a visionary person she is.Congrats girl.:-?

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  3. Congratulations. I wonder what the hater called dr. Mulenga of UK zambians fame is going to say now. Women in zambia seem to know how to get that green.

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  4. Is the mother not the reknown Banker and former MD ZANACO and current Chairman of Indo Zambia Bank? Is the Father not Dr. Moyo, a former Lecturer at UNZA and Director of Africa Center something…If so congulatulations to the parents too!

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  5. Dambisa, will you marry me? I have palaces all over DR Congo but you will stay in my Gbandolite haven in my home town. It has everything a man or woman wants. Please, am on a bended knee.

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  6. DB’s acceptance speech:

    ” I am not a destroyer of COUNTRIES. I am a liberator of them! The point is, ladies and gentleman, that greed–for lack of a better word–is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms–greed for life, for money, for love, knowledge–has marked the upward surge of mankind. And greed–you mark my words–will not only save BARCLAYS BANK, but that other malfunctioning corporation called ZAMBIA. ”

    (Adapted from Gordon Gekko’s speech in Wall Street, with big caps replacing the original.)

    Let’s face it, she is a neoliberal. She keeps going on about how bad aid is, but she never mentions that aid needs to be replaced by taxes.

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  7. The big question is, WHY HAS MMD FAILED TO IMPLEMENT THE DECENTRALISATION POLICY??
    Those close to MMD know that their fear is that Councils will perfome better, especially the City and Municipal Councils which are under the opposition, and that would be a threat to the survival of MMD. This is the perception of those in MMD, its sad to have such shallow minded leaders that can hold back the development of the nation for their own benefit at the expense of the masses.

    Finally, are the MMD controlled Councils doing better than those under the opposition?

    Can MMD tell us why Councils they control e.g. Kaoma in Western Province, Milenge in Luapula and Isoka have had misappropriation cases (not misapplication)??

    Good to have people like her from Zambia. Good luck lady!

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  8. To those who have, more will be given. To those who do not have, even the little that they think they have, will be taken away from them. Money attracts money. It would be interesting if a Bank picked on one poorest of the poor to sit on the Board and advise them how they can help the destitute, but of course, I am only dreaming. Congratulations Dr Moyo.

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    • That’s a stupid thing to say,do you think they chose Moyo because she is wealthy?I mean really?reserve your stupidity fr other forums

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  9. Good for you Dambi. Show these good for nothing Zambian boys what accomplishment is.

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  10. Such are the people who deserve diplomatic passports ( i hope the government realises this). Not those who go and dance in a locked house full of strangers for 3 months.

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  11. Mwamoneni,

    You are right. But why is it that us Bembas are empty tins just hallucinating day in day out in poverty and misery.Why is it that Easterners, Lozis and Tongas are the smartest and most affluent people comparatively???? Someone tell me are us bemba cursed i-d-i-o-t-s in life????

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  12. Then don”t join politics.The dirt guys will spoil you and your language. for the first time you will sat insulting elders like Rb and Shikulu Sata. congratulation, tell Barclays their interest they charge their customers will poverty in Zambia.

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  13. Emmanuel Mwamba has also announced that Helen Chiluba has been appointed to the Board of Directors for Access Financial Services Limited (AFSL)

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  14. #13 Ba red card something chakuti, we are in party mood not the usual local politics. Don’t spoil the party!

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  15. Congrats Dr Dambisa Moyo and keep flying the Zambian flag high.

    Have a blessed sabbath day all.
    _
    Matt 6:33 But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you.

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  16. Great beutiful lady Dambisa Moyo. May the good Lord Continue blessing you so that at least our useless leaders in Zambia will start listening to your wide knowledge and wisdom. Keep it up.

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  17. Well done Dambisa!

    Just been looking up all her speeches and TV appearance in the states and UK, and she is brilliant! Please Our Zambian leaders, listen to this umwana wesu please! She knows it all, and she has lived it! Please please…

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  18. Congrats Luv, you deserve it.
    Ni zee ama products yaba Oxford and Havard Universities yali kaba.
    But zowona with all these achievements somebody is still called Mss, ine chinibaba.

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  19. Imagine we had just five of her kind in cabinet with HH as president(i support him despite being Bemba so #18 CHAP take a leaf). Its s.t.u.p.i.d in this time and age to be slighting other tribes, whats wrong with some poeple please stick to the topic and join us in congratulating our sister.

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  20. Try to propose to her, believe me she will ask you to first send in your CV and only short listed candidates will be called for interview.

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  21. #17 Chap, speak for yourself, you do not know the accomplishments of some Bembas.

    Congratulations Dr. Dambisa Moyo.

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  22. Good Evening

    These are the headlines I like to see on LT. Maximum respect to Miss Moyo! While other girls are busy making babies, she’s making History.

    She belongs to the new generation of Africans who realise that there’s no use to continue discussing our problems with institutions who are not willing to solve them (I’m talking about IMF and World Bank). Having worked for them, Dambisa has an inside view of their oppressive instruments of financial debt they use to hook up poor countries. She is the best person to bring in a new renaissance for Zambia’s future development.

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  23. Congrats Dr Dambisa Moyo. She infact is the daughter to Dr Steven Moyo former ZNBC Director General, Mrs Orlean Moyo INDO Zambia Bank Chairman and the elder sister to Marsha Moyo the singer and UN Goodwill Ambassador for Zambia, jealous down! Ba lasa!

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  24. Brains plus buety, a rare combination. Will you marry me pliiiiiiiiiiiz? I have a house in misisi and a bicycle. We can put our resources together!

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  25. I had to do a research on Ms Moyo. She is actually 40 years old and smart woman. It is nice that some of these people can be put to work in that corrupt and unsustainable economies.. Let the government also hire these kind of people with knowledge maybe things can be little bit smooth rather than those cadres in strategic positions that require educated people.

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  26. Black really doesn’t crack, she is 40 but looks like she is seventeen. @MrK you and I always have informed discussions, disagree with you today though I must. She does not want foreign direct aide to end but it’s current form to be revised. Let the lending nations have their own auditors and economic entities fedrally implement the joint programs. Hope you read the book. @ Nubian princess, the real jewel of the Nile, my sister not all Zambian boys are good for nothing. Look at Amon Simutowe a grand master that deserves a diplomatic passport to no avail. Or the little boy that saved a baby at UNZA. Dambisa is a great investment for young girls and boys willing to Archieve in life.

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  27. Who’s is taking care of business on Dambisa? some one must be knocking da boots on this dame. If you dont change engine oil in a machine, it will become very viscous and burn out leading to egine damage.!

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  28. Dr Dambisa, congrats on your achievements. I hope Barclays knows that you are there to see results. No talkshops! Go girl, may the Lord bless your every good intention for motherland and beyond. )>-

    # 37 Nine Chale…Dr Dambisa now needs to produce off springs of her calibre… ululubuto ngalwalubila mu caree, Zambia will have lost future economist! :o:[-(

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  29. Now this is is true reflection of the ability, pride, passion and abition of a Zambia. Keep flying that eagle Doc…. Madame Moyo for President 2011 !!

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  30. Edith Nawakwi has also been appointed to the Kamwala Market Marketeers Syeering Committee and an ex-Official executive director fimo fimo.

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  31. Congrats congrats congrats dambisa.Ebaiche abaifi tufwisisha amate bwangu ifwe,the sky is the limit.Congrats once more:d/

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  32. I just wonder if she’s the girl who i was with in NS at unza, 86/87 and later disappeared. I doubt though, as that one liked vigororo and could be died

    Hey bloggers, she could be a single a parent, e.g cathrine namugla, Dora siliya, etc

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  33. lupiya banda to give this sister a diplomatic passport immediately. instead of those traditional rulers in the southern province who have no where to go apart from finished Zimbabwe and hot Botswana, may you please give one to her. mean while i need her cell and email please if anyone knows it. a reward of $500 for the info, not a joke. i will be baby siting while she is gone for work as we always do it over here. lol

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  34. Congrats Dambisa! But why cant the MMD listen & consult her? No wonder we’re still in poverty.

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  35. Beware of the the shameless M*** f****`g HIV ridled fat cats. They have a crush on you and you are now their # 1 target. For ladies like you, their theme goes like this-” THE SON RISES IN THE SCROTUM AND SETS IN THE NEIHGBOR”

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  36. this will encourage our work folk who in zambia only think of marriage.there is a great life out there.congrats .every achievement from a hopeless place like ours should be celebrated .awe twatasha mukwai ba moyo

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  37. Congrats former UNZA classmate. Its about time that the post independence generation starts running things. The older generation has completely failed us.

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  38. mmm but that is a pretty woman! I don;t think she’s the only woman on the board of Braclays, perhaps the only woman on the board IN ZAMBIA. ms dambisa indeed. Congratulations Ms Moyo

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  39. Congrats lady…however credit should also go to the following Intellectual ladies…
    Mizinga Melu MD stan chart
    Charity Lumpa MD Ecobank
    Ireen Muyenga ZSIC
    Chilufya Kapwepwe & many more other Zambian Women who have made it in life… Zed Men watch out we may soon have a woman for Presidence.

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  40. Iam personally happy for Moyo. Go on lady the sky should not even be the limit.:)>-:)>-:)>-:)>-

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  41. #51 Sony Ericsson, some clarification for you may be in order. Going by the story she is indeed the only woman on the board of Barclays PLC and Barclays Bank. Whatever the difference is between Barclays PLC and Barclays Bank, there is no mention of Barclays Bank Zambia. Marcus Agius is certainly not the Chairman of Barclays Bank Zambia, so the story must be referring to the international Barclays.

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  42. She worked for Goldman Sachs?? majors players in bringing the world into a recession! Is it true that she is a lesbian????

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  43. Congratulations Dambisa you make Zambian and all other women proud!

    As for you men that are only concerned about who she is or is not dating – Get a life! let’s learn to respect people and their achievements and not focus on the trival

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  44. DAMBISA, SIUNA DABWISE !!! you earned it. you have a track record off accomplishments. Once again, a point of caution, There is a tendency by the powers that be( the appointing authority) to use people like you to push selfish, unwakable and unwanted policies to the underdeveloped world, be on the look out. An example is when privatization was forced through the throats of these countries, Zambia being one of them,the end result was disastrous, as countries lost out causing riots in some

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  45. 37 Mwanawakwitu,

    ” @MrK you and I always have informed discussions, disagree with you today though I must. She does not want foreign direct aide to end but it’s current form to be revised. Let the lending nations have their own auditors and economic entities fedrally implement the joint programs. ”

    I would like to congratulate her, but then I can’t forget what she actually stands for. That she is a former employee of Goldman Sachs. That she is a neoliberal freemarketeer. That she thinks that ‘aid’ is the problem, instead of the massive resource theft by western corporations, aided and abetted by the IMF/World Bank – and that because of it in African politics only the corrupt survive. Or that she runs cover for them.

    So that’s where I stand.

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  46. Bushe alikwisa umwaiche uyu elyo twalipo ifwe ama men pabuteko? pantu shilye njuka twaleteya ifwe , nga na twingisha kale umupila 3-0. Filya alandile blogger umo chachine nga na tu tobamo-“SON RISING FROM THE SCROUTM SETTING INTO THE NEIGBOR” pa mwaiche uyu.

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  47. Yaba! koma we # 67 wa nsekeshaeeeh!! walikwata ama funny aini! Anyway, once in a while tulekwatako utuma light moments in the midist of….

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  48. # 66 I ike your intellect. What we need are more intellectaul analyical bloggers.Smartness nourishes the mind and damness malnourishes it.

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  49. forget the PHD dambi,you have made alot of zambians proud and am proud of you. congrats. You dont only have the looks but the brains too.well done

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  50. Katie good ,why dont you aspire to be like dambi instead of a stu pid bi tch with senseless views.like i have always stated, you are a grade one drop out hence no foresight.

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  51. good for her,im very proud. nevermind that she has been against western aid for third world countries( which i personally call the colonial rinsing of africa payback).she got her money right.zambia has not. so why this silly celebration pipo?

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  52. Congrats, Dumbi, I’m currently reading your book, Dead Aid – good reading. Any chance you can find your way into BOZ?

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  53. Congratulations. Done Zambia proud.

    Interesting to hear bloggers say her parents are of a high pedegree while her sister is a singer.

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  54. Congrats. I guess this is a wake up call for all parents to show much more interest in our girl children. We should not force them into marriages by our rhetorics. Let them reach their highest potential. Dr. Moyo is a role model for this. She is a pride to her parents and would be parents in Zambia and Africa. Once again, congraturations

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  55. #75. Dambisa’s father was the first Director general at ZNBC, her mother was recently awarded as a FELLOW by the Banking Association and is the only female Bank Chairperson in Zambia and her sister is Marsha Moyo the singer and UN Goodwill Ambassador for Zambia.

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