Keabetswe Pheko Moshagane
Keabetswe Pheko Moshagane is a Botswana banking executive who serves as the Managing Director and Chief Executive Officer of Absa Bank Botswana. She was appointed to the position in April 2019 after previously holding senior roles at the bank, including Chief Operating Officer and Head of Technology. Her leadership has been associated with expansion in digital banking services and increased financing for small and medium-sized enterprises (SMEs) in Botswana.
Early life and education
Pheko Moshagane studied in South Africa, obtaining a Bachelor of Administration in Information Technology from Tshwane University of Technology. She later earned a Master of Business Administration from the Management College of Southern Africa.
She has also participated in executive leadership programmes through the Absa Leadership Academy, in partnership with international institutions such as IMD Business School in Switzerland and IE University in Spain.
Career
Before entering the banking sector, Pheko Moshagane worked in technology consulting in South Africa, focusing on banking and telecommunications systems.
She joined Absa Bank Botswana in 2010 as Head of Core Banking Applications. She later held positions as Head of Technology and Chief Operating Officer before being appointed Managing Director in 2019.
Absa Bank Botswana
Pheko joined Absa Bank Botswana in 2010 as Head of Core Banking Applications and later served as Head of Technology and Chief Operating Officer before becoming Managing Director in 2019. During her tenure, the bank has expanded financing support for small and medium-sized enterprises. According to The Executive Botswana, the bank disbursed P195 million to SMEs in the first half of 2025, demonstrating a focus on entrepreneurship and economic growth. The bank has also supported agricultural development and infrastructure projects, allocating approximately P1.4 billion to agricultural technology and irrigation initiatives aimed at improving productivity and sustainability. Financial reporting has shown growth in profits and assets during her leadership. The bank recorded a 27 percent increase in profit before tax in 2024, attributed to investments in digital banking platforms and customer service improvements.
Sustainable finance initiatives
Under Pheko Moshagane’s leadership, Absa Bank Botswana has implemented programmes supporting renewable energy adoption, including a Green Energy Loan for residential and business solar installations.
She has also championed sustainable finance initiatives supporting agriculture, infrastructure, and environmental projects across Botswana.
Leadership and public engagement
Pheko Moshagane has participated in national and sector-wide discussions on economic development, infrastructure financing, and investment in strategic industries. She has emphasized the role of financial institutions in supporting mining projects and increasing citizen participation in value chains. She has also taken part in forums discussing the role of pension funds and financial institutions in infrastructure development and long-term economic growth in Botswana.
Work impact
Under her leadership, Absa Bank Botswana has partnered with organisations and community initiatives to promote financial literacy, savings culture, and social development in Botswana. For example, the bank has implemented programmes supporting youth entrepreneurship and community welfare.