Absa not damaged by scandal — Moloko
Group is committed to transformation, says outgoing chair
18 May 2025 - 10:24
Outgoing Absa chair Sello Moloko does not believe the brand took a knock from the leadership scandal in which former group CEO Arrie Rautenbach left in a huff.
Speaking publicly for the first time since it was announced he was stepping down, Moloko said the Absa brand remained strong, and the bank would not have attracted an executive of the calibre of Kenny Fihla to join as new CEO if the brand was damaged. ..
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