Another in a sadly long line of departures
CEO ’s exit reflects badly on Absa’s culture and leadership
25 April 2021 - 05:06
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.