Ashish Thakkar and Bob Diamond's venture plans mobile banking push

Ashish J. Thakkar, Founder & MD, Mara Group

Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.

Thakkar, who set up Atlas Mara with Diamond at the end of 2013, said it planned to go beyond consolidating banking in Africa – it also wanted to be a "positive disruptive force" in the region.

“We have been able to raise some great capital, intelligent capital – a lot from the U.S. – and we’ve got a very aggressive strategy,” Thakkar said on the sidelines of the Global Financial Markets Forum in Abu Dhabi.

Read more: Bob Diamond's venture plans mobile banking push.

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