Another in a sadly long line of departures
CEO ’s exit reflects badly on Absa’s culture and leadership
When Daniel Mminele stepped into the CEO's office at SA's third-largest banking group in January last year, he would have known just how complicated a past Absa had. But perhaps no-one could have prepared him for just how complicated was its present.
Mminele, a former deputy governor of the Reserve Bank, agreed this week to part ways with Absa on a "no fault" basis following a standoff with the board...