Darwin Zinzile Nkonki has been appointed as the new chair of the PostBank board as the government moves to corporatise and unbundle it from the SA Post Office. 

The PostBank is a Post Office subsidiary and has its own board. However, unbundling the PostBank from the Post Office has been a contentious issue. It was one of the reasons former Post Office CEO Mark Barnes resigned in 2019 after clashing with the board and the government over their decision to hive off the Postbank.

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