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Arrie Rautenbach.
ABSA

Absa announces first internal chief executive appointment since 2006

Arrie Rautenbach has been appointed to head up the banking group more than a year after his predecessor’s sudden departure

  • Sarah Smit
3 min read
Sipho Pityana has accused the Absa Group and Absa Bank boards of attacking his constitutional right to defend his name in court and of jeopardising the principles of good corporate governance.(Photo credit RODGER BOSCH/AFP via Getty Images)
ABSA

Absa firing is an attack on corporate governance — Sipho Pityana

Absa announced that the businessman was removed from its boards after being accused of acting against the banking group’s best interest

  • Sarah Smit
3 min read
Towering dispute: Earlier this month Absa announced Daniel Mminele’s departure, citing differences over strategy between him and the board.
ABSA

Absa fills chairs after chief executive’s exit

Deon Raju has been appointed as the bank’s chief risk officer and Parin Gokaldas take over as Absa’s treasurer

  • sarahsmit
3 min read