Investors warm to Absa interim CEO Charles Russon
Stability at leadership level may help bank maintain momentum and execute on strategic objectives, says analyst
14 January 2025 - 05:00
Investors are showing growing optimism towards Absa, with the bank’s share price up by 15.24% in the past three months under the leadership of interim CEO Charles Russon.
Appointed in October 2024, Russon inherited a bank at a critical juncture, where it needs to focus on restoring confidence and reshaping its strategy in a competitive market...
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