MARINUS Daling, the chairman of life assurer Sanlam Ltd, has resigned as a director of Absa Bank to focus his attention on Sanlam’s activities. ”He Daling has indicated that, at this stage, he would like to give more attention to the development and affairs of Sanlam Limited and accordingly asked that he be relieved of his duties as an Absa director,” the bank said in a statement. Sanlam has a 24% stake in Absa. – Reuters
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