Wendy Lucas Bull

latest news & developments

Arrie Rautenbach.

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

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 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

Towering dispute: Earlier this month Absa announced Daniel Mminele’s departure, citing differences over strategy between him and the board.

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