Absa’s unrelenting leadership merry-go-round as Sello Moloko quits
The bank says chair is leaving to focus on his business interests and community commitments
07 May 2025 - 07:55
UPDATED 07 May 2025 - 19:30
Absa chair Sello Moloko, fresh from spearheading the appointment of the group’s new CEO, Kenny Fihla, is stepping down after just three years in the role — a move that does little to assure markets that the lender, prone to leadership instability, has mended its ways.
The group said Moloko, who took over as chair in April 2022, has stepped down to focus on his business interests and “community commitments”...
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