1-18 of 18 Results  for:

  • Banker/Financial Industry Leader x
  • 1955–1971: Civil Rights Era x
Clear all

Article

Jeremy Rich

Gabonese politician and foreign minister, was born on 10 April 1956 to Omar (then Albert-Bernard) Bongo Ondimba and Louise Mouyabi Moukala in Franceville, capital of the southeastern Gabonese province of Haut-Ogooué. At the time of her birth, her father, Omar Bongo Ondimba, later president of Gabon, was a lieutenant in the French air force. Little public information is available about her childhood and adolescence, but she attended the University of California–Los Angeles in 1979 with her younger sister Albertine. Her father had purchased a home for roughly 2.2 million dollars US in Beverly Hills, California. Shortly before moving to the United States, she reportedly had a short romantic relationship with the Jamaican reggae singer Bob Marley.

Pascaline Bongo finished her studies in the United States and returned to Gabon Although little detailed information exists about her activities in the 1980s she rose to prominence in her father s government after ...

Article

Lester C. Lamon

The son of Richard Henry Boyd and Hattie Moore, Henry Allen Boyd was born in Grimes County, Texas, on April 15, 1876, and grew up in San Antonio. During the early 1870s his father, a former slave and Texas cowboy, received the call to the ministry and launched a successful career as a minister, church promoter, and entrepreneur. More than any of his eight brothers and sisters, Henry Allen identified with his father's aggressive concern for race achievement and personal initiative. While still in his teens, the younger Boyd attained a clerkship in the San Antonio post office (the first African American to hold such a position), and he held this post until he moved his wife and young daughter to Nashville, Tennessee, just before the turn of the century. Nashville remained Henry Boyd's residence until his death in 1959.

Richard Henry Boyd had become active ...

Article

Kathleen E. A. Monteith

governor of the Bank of Jamaica, is regarded as one of Jamaica’s most preeminent public servants of the post-independence era. He was born in Black River in the parish of St. Elizabeth, Jamaica, on 25 July 1922, to Samuel Austin Brown, a policeman, and Gertrude Parchment Brown, a housewife. He attended Gayle Primary and Oracabessa Primary schools (both in St. Mary Parish) before entering St. Simon’s College, then a very prestigious Jamaican Catholic school in Kingston. He was later employed at St. Simon’s as a young teacher while training for the priesthood. Brown completed three years of religious training in 1941, but came to the realization that the priesthood was not for him, given the strictures requiring celibacy. Following his graduation from St. Simon’s, Brown secured an accounting position in the Income Tax Department, where he remained until 1947 That same year he won an Issa scholarship ...

Article

Charles Rosenberg

building engineer, real estate investor, chairman and majority owner of a bank, was born in Panama City, Florida, the only son of Jacoby D. Dickens, Sr. and Marie Dickens, who may also have been known as Lessie Mae. The latter name is recorded in the 1940 census, but Marie is the name Dickens gave in a 1999 interview for The History Makers Digital Archive.

Dickens had two older sisters and three younger ones. His father was a longshoreman, loading and unloading ocean vessels. In Florida he attended a racially segregated two-room schoolhouse, with two teachers each handling four grades. He had a job after school in a grocery store for $1.50 a week. After his parents divorced, he moved with his father and sisters to Chicago in 1946 where Dickens held a part time job at Goldblatt Brothers and graduated from Wendell Phillips High School ...

Article

Alphonse Fletcher, Jr., known by the nickname Buddy, was born in Waterford, Connecticut. He attended Harvard University, graduating in 1987 with a bachelor's degree in applied mathematics. In his senior year, his fellow students chose him marshal, or president, of his class.

After graduating, Fletcher worked as an investment manager for the Wall Street firm of Bear, Stearns & Company before joining Kidder, Peabody & Company as a senior vice president managing an equity arbitrage group. Although he was among its most successful traders, the relationship ended poorly, with Fletcher's resignation in 1991. He subsequently sued the firm over a disputed bonus. Citing racial discrimination, he alleged that the company underpaid him approximately $2 million. His suits resulted in an arbitration award to him of $1.3 million in 1992, although a separate arbitration found no evidence of discrimination.

Immediately after Fletcher left Kidder Peabody he founded Fletcher ...

Article

Maitseo Bolaane

, Botswana politician and businessman, was born 4 March 1942 to Gaolathe Dadanaye and Gasemotho Phathi Ndaba in the small village of Nkange, North-East District. Immediately after his birth, his father, a carpenter, moved his small family from Nkange to the neighboring and prosperous village of Tutume. It was here that young Baledzi Gaolathe lived his early years, often accompanying his father on his assignments and carpentry projects. His father died when he was still young. After his father’s death, Gaolathe’s mother moved the family to Selolwane village, within walking distance of Tutume, where the family stayed with a grandmother, Mmaduwe. Gaolathe did not stay long in Selolwane, as he was taken by a paternal aunt to Changate, where he learned the skills of growing crops and rearing livestock. The slow-paced life of livestock rearing in rural Botswana nurtured his lifelong love for nature and outdoor activities.

In 1952 ...

Article

Lynne B. Feldman

Gaston, A. G. (04 July 1892–19 January 1996), entrepreneur, was born Arthur George Gaston in Demopolis, Alabama, the son of Tom Gaston, a railroad worker, and Rosa Gaston (maiden name unknown), a cook. He grew up in poverty in rural Alabama before he and his mother moved to Birmingham, Alabama, after his father's death. He attended, and for a good time resided at, Tuggle Institute, where he received a moral and industrial education. In 1910 he graduated from the school with a tenth grade certificate. Before and after graduation, he worked at a variety of part-time jobs, including selling subscriptions for the Birmingham Reporter.

Gaston served in World War I in France as a sergeant in the 317th Ammunition Train of the all black Ninety second Division of the U S Army On returning to the United States he briefly worked at a dry cleaning factory ...

Article

Ntewusu Aniegye

Ghanaian business leader, nationalist, and politician, was born on 17 June 1913 in Warri, Nigeria, to Emma Dey and Awummee Gbedema from Anyarko, in the present-day Volta region of Ghana. Gbedemah was the eldest son among six siblings. He received his elementary education from 1916–1927 in Keta in the Volta region, and Accra. In 1928 he sat for the Junior School Certificate Examination and passed, enabling him to attend Achimota School.

At Achimota, after failing to earn the required grade in the qualifying examination, Gbedemah could not obtain a scholarship to pursue his dream of a career in medicine. He did, however, gain employment as a part-time proofreader and editor of the Times, owned by J B Danquah a leading Gold Coast as present day Ghana was called during the colonial era nationalist and one of the founding members of the United Gold Coast Convention UGCC His work with ...

Article

Maitseo Bolaane

government official and central banker in Botswana, was born in Cape Town on 23 December 1936. His father Henry Hodgson Hermans was the senior partner in a leading Cape Town law firm. His mother Marjorie Stanhope (nee Lamb) Hermans was a civil rights activist, prominent in the Black Sash organization, and in the Anglican Church. She also managed the family cattle ranch in the Bechuanaland Protectorate after the death of her father in 1945.

Hermans, nicknamed “Quill,” completed his matriculation in 1955 at Diocesan College, Rondebosch, South Africa. He holds an MA in geography (1959) from Oxford University (Trinity College), a diploma in economics, social, and industrial development from University of Pittsburgh (1960), an MA in African studies (1961) from Howard University in Washington, D.C., and an MA in development economics from Vanderbilt University in Nashville, Tennessee (1967).

Before taking ...

Article

Alexandre Hatungimana

prime minister of Burundi from June 1993 to February 1994, was born Sylvie Ntigashira in Mugoyi in the province of Bujumbura on 24 November 1953. After primary and secondary studies with the sisters of the Ijenda parish, she attended the University of Burundi (Faculty of Economic Sciences), from which she graduated in 1979 with a degree directed toward banking credit. In 1990 she obtained a Diplôme d’études supérieures (DES) in banking and finance at the Centre International de Formation de la Profession Bancaire in Paris. The same year, on returning to her country, she was hired at the Banque Centrale BRB (Banque de la République de Burundi) where she directed the department of research and statistics (1990–1991), the focal point of the IMF and the World Bank in Burundi. From 1991 to 1993 she maintained the Programme d’Ajustement Structurel (PAS) attached to the prime ministry. In 1973 ...

Article

Eric Young

Sylvie Kinigi rose to prominence as a commercial banker and senior officer of Burundi's structural adjustment program. After Melchior Ndadaye, an ethnic Hutu, was elected to the presidency in June 1993, he appointed Kinigi, a Tutsi married to a Hutu, prime minister in an act of national reconciliation and as part of a policy of appointing women to top posts. Kinigi and Agathe Uwilingiyimana, the premier of neighboring Rwanda, served simultaneously as the first female prime ministers in Africa. Kinigi, a member of the former ruling Union for National Progress (UPRONA) Party, was a political moderate, but her leadership was quickly eclipsed by events beyond her control.

In October 1993 after a military coup killed President Ndadaye and threw Burundi into violence Kinigi sought asylum in the French embassy Her appeals for international support convinced the military to return to its barracks allowing Kinigi to ...

Article

Cyril Daddieh

an economist and international banker-turned-politician in Côte d’Ivoire (Ivory Coast), was born in Dimbokro on 1 January 1942. This birthplace and his subsequent claim to Ivoirian nationality is highly contested in Abidjan, the Ivoirian commercial capital. He attended secondary school in Upper Volta (now Burkina Faso) and then proceeded to the University of Pennsylvania on a Fulbright scholarship as a national of Burkina Faso. He received his bachelor’s degree (BA) in mathematics, followed by an MA and a PhD in economics, awarded in 1967 and 1972. respectively.

“ADO,” as Ouattara is popularly known to his supporters, has had an illustrious career in international banking and finance spanning nearly four decades. He first joined the International Monetary Fund (IMF) in April 1968 as chief economist Ouattara left five years later to join the Central Bank of West African States BCEAO as head of mission in Paris where he ...

Article

Charles Rosenberg

banking analyst at the Federal Reserve Bank of New York—probably the first American of African descent to achieve grade 12 at the bank—was born in Brooklyn, New York, the second of two sons of Robert Antonio Puello and Agnes Cecelia Johnson Puello. His father was the first American of African descent to work as a camera operator for film production and television broadcasts. His mother worked at the rent control office in Brooklyn, in the late 1940s, and spent much of her later life as a public school teacher.

Coming of age in the wake of the civil rights movement Puello was a step ahead of many of the obstacles that racial attitudes had placed in his father s path Attending Public School 44 in Brooklyn he then entered Hudde Junior High and Midwood High School associated with Brooklyn College It had been relatively rare for students of color to ...

Article

Agnes Leslie

the first woman to become a paramount chief in Botswana, was born in 1950, the first child of Paramount Chief Kgosi Mokgosi III. “Mosadi,” which translates as “woman” in Setswana, was born in Ramotswa, a village about twenty miles (32 kilometers) south of the capital city, Gaborone. Ramotswa is also the capital of the Balete or Bamalete, ethnic group. She had seven sisters and one brother. Her father died in 1966, and after that a paternal uncle served as a regent for her brother, who was nine years her junior. Seboko attended Moedin College in Otse Village, south of Gaborone, and obtained the Cambridge Overseas School Certificate in 1969. She started working as soon as she finished high school in order to help her mother with her siblings when her father died. She pursued a career in banking for twenty-four years, joining Barclays Bank in 1971 ...

Article

Elwood Watson

self-described Queen of the Harlem “numbers” racket, was born in Martinique around 1886, although she affected a strong French accent and told people that she had been born in Europe. She arrived in the United States in 1912, and like many other Afro-Caribbean immigrants at this time, she settled in Harlem. In the ethnically segregated climate of New York City, she was known by different names. In predominately white, upscale Manhattan, she was called “Queenie.” In black Harlem, she was referred to as “Madame St. Clair.” An important figure in the New York underworld, she was known for her arrogance, abrasive behavior, and fierce temper.

The earliest numbers banks an illegal lottery also known as the policy racket first flourished in New York City in the early 1920s They were primarily located in Harlem and operated by African Americans such as the South Carolina born Ellsworth Bumpy Johnson ...

Article

Owen J. M. Kalinga

one of the most powerful and feared politicians during the thirty years of Dr. Hastings Kamuzu Banda's dominance of Malawi, was born on 4 September 1932 in Dedza District in the present-day Central Region of Malawi. His father, Zenas Tembo, originally from Mzimba District in the north of the country, trained as a teacher and pastor at Mvera, a major center of the Dutch Reformed Church, now part of the Church of Central African Presbyterian (CCAP). His mother, Esnati Nachulu, was from the Mphezi chieftainship of matrilineal heritage in the Matawamilonde area in Dedza, which then became the home of the Tembos.

John Tembo went to Mlanda Mission primary school from which he proceeded to Blantyre Secondary School Four years later he passed the Cambridge School Certificate and entered Pius XII College later renamed the National University of Lesotho on a Nyasaland government scholarship After graduating with a B A ...

Article

Shennette Garrett-Scott

At the time of his birth Walker’s father, Dr. Joseph Edison Walker, served as president of the Mississippi Life Insurance Company and of the Delta Penny Savings Bank; his mother, Lelia (also Lela) O’Neal Walker, was a homemaker. He had one sister, Johnetta. The family moved to Memphis in 1920.

After graduating from Memphis’s LeMoyne High School, where he played both baseball and football, Walker earned his Bachelor’s degree from Fisk University in 1930 and his Master of Arts in Actuarial Science from the University of Michigan in 1932. He became the first African American actuary in Tennessee and was among a tiny fraternity of Africans Americans formally trained in actuarial science in the United States. As an undergraduate he worked various jobs, including sales and auditing, at the Universal Life Insurance Company, which his father founded in Memphis in 1923 after being ousted from the Mississippi ...

Article

Jeremy Rich

president of Benin, was born on 1 July 1952 in the central Beninese town of Tchaourou. His father belonged to the Nago ethnic community, a Yoruba-speaking group that long lived in what became the independent country of Benin. Boni’s mother belonged to the small Bariba ethnic group from the northern part of the country. Boni’s family was Muslim, but he later converted to Pentecostal Christianity. He later married Chantal De Souza, a member of the very wealthy De Souza family from the coastal city of Whydah. The couple had five children.

He began his studies in 1959 at the École Publique in Tcharourou. Later, he attended secondary school at Lycée Mathieu Bouke in the northern Beninese town of Parakou, where he ultimately passed his baccalaureate examinations in 1972 He received a master s degree in economics from the National University of Benin He received several other graduate degrees from ...