TG Holdings appoints Tunde Macaulay as Group Managing Director
TG Holdings Ghana Limited has appointed Tunde Macaulay as its new Group Managing Director, effective immediately.
This milestone signals a new era for the diversified investment group, strengthening its pan-African ambitions and commitment to building globally competitive African-owned enterprises across critical sectors.
Mr Macaulay is a highly accomplished executive with nearly 30 years of experience of which 20 years have been in banking and manufacturing leadership roles.
He most recently served as Head of Business and Commercial Banking – Africa Regions and Offshore at Standard Bank Group, overseeing operations in 17 countries, including major international financial jurisdictions such as Jersey and the Isle of Man.
Under his leadership, Standard Bank was named 2024 EMEA Best Bank for SMEs in Africa, recording exponential growth in lending, commercial operations, and digital transaction adoption across the continent.
His extensive leadership journey includes executive roles at Stanbic IBTC Bank, First City Monument Bank, and Standard Chartered Bank, where he successfully led transformative projects in Nigeria, Ghana, South Africa, and Angola.
Among his achievements are driving the growth of African corporates, spearheading cross-border business launches and restructures, and shaping the next generation of African leaders through mentorship.
Continental transformation
Mr Macaulay, the newly appointed Group Managing Director, is set to drive a bold, integrated growth agenda across the Group’s diverse sectors.
His immediate priorities include unifying the Group’s subsidiaries under a clear, performance-driven vision and improving capital efficiency to strengthen investor confidence.
He will also lead mergers, acquisitions, and expansion efforts across West, East, and Southern Africa, positioning TG Holdings for accelerated regional growth.
Modernising governance structures and embedding world-class risk and audit practices are key parts of his mandate.
Passionate about leadership development, Mr Macaulay is committed to mentoring and shaping the next generation of African executives. His leadership signals a new era of growth and transformation for the Group.
Turning point
“This appointment transcends corporate growth — it embodies African capability, credibility, and excellence.
“Mr Macaulay exemplifies the values that define our Group: vision, discipline, and impact. Under his leadership, we are poised not only to scale but to shape the next chapter of Africa’s business narrative,” stated the TG Holdings Board of Directors.
Commenting on the appointment, Mr Macaulay said Africa was the world’s next growth frontier.
“Leading a truly African-grown conglomerate with this level of ambition and reach is a calling. My aim is clear — to help TG Holdings become a beacon of performance and possibility across the continent and beyond,” he stated.
Educational background
Mr Macaulay holds an MSc in International Human Resource Management from Cranfield University (UK) and executive qualifications from the Stanford Graduate School of Business and Standard Bank Executive Programmes.
He received the Standard Chartered Group Chairman’s Award and multiple honors for innovation, leadership, and excellence in cash management.
A passionate advocate for mentorship, female leadership advancement, and community development, Mr Macaulay has inspired leadership across boardrooms and communities alike.