BabalwaNonkengeBabalwa Nonkenge

South Africa



Occupational Information

Job Title: Head of Product Merchant Acquiring at Absa Group

Professional History

Babalwa is Head of Product Merchant Acquiring at Absa Group. Prior to this, she was employed as Head of the Edcon Programme, which is a joint venture between ABSA bank and the clothing retailer Edcon. She has previously occupied positions in Global Markets within ABSA and in Asset Management, where she spent 10 years as part of the Institutional Relationship Management team at Coronation Fund Managers. ABSA identified her as potential future leaders within the bank and in 2017, she was selected to be part of Masedi Excellence – a flagship program for senior women leaders in ABSA.

Babalwa is passionate about women’s development, having co-chaired the UCT Women in Business society in 2014 and she served on the 2017 steering committee for Banking on Women – an initiative whose sole intent is the promotion of the advancement of women within ABSA. She has also been involved in setting up a Diversity Center within the local Every Nation congregation. The purpose of the centre is to build capacity for faith-based organizations to contribute more meaningfully to social cohesion in South Africa.

In 2017, she published a peer-reviewed research paper titled “Dimensions of Distance: International Flight Connections, Historical determinism and economic relations in Africa”.


MBA from the University of Cape Town's Graduate School of Business


2018 Archbishop Desmond Tutu Leadership Fellow

 Additional Tags: Business, Banking, Retailer, Global Markets, Asset Management