Tag: Absa Group
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Daniel Mminele steps down as Absa Group Chief Executive
The Absa Group Board and the Group Chief Executive, Daniel Mminele, have come to an agreement pursuant to which he has stepped down as a Director and Group Chief Executive, and will be leaving the group with effect from 30 April 2021. The parties have not managed to achieve alignment in relation to the group’s…
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Absa Group names Aaron Mminele as CEO
Absa Group Limited has appointed Aaron Daniel Mminele as Group Chief Executive of Absa Group, effective from January 15, 2020. Mminele will be taking over from René van Wyk, who has been leading the bank on an interim basis since Maria Ramos’ retirement in February 2019. In a statement, the Chairman of the Absa Group…
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Absa appoints Cheryl Buss as CEO to spearhead bank’s international ambitions
Absa Group, the leading pan-African financial services group, has appointed Cheryl Buss as Chief Executive of Absa International which includes managing Absa Securities United Kingdom. Among other responsibilities, this position will see her lead the bank’s international operations in its efforts to enable a globally scalable business that drives connectivity with corporate and institutional clients…
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Barclays Bank Ghana posts GH¢386m in profits in 2017
Barclays Bank Ghana is confident of sustaining its profits and contribution to the new ABSA brand from this year onwards. The Bank’s optimism is premised on its performance for last year (2017) where it recorded a profit after tax of 386.17 million cedis. The Finance Director at Barclays Bank Ghana, Antoinette Kwofie disclosed this plan…
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Barclays Africa to rebrand to Absa Group
Barclays Africa Group is to rebrand to Absa Group by 2020, subject to regulatory approval in all ten countries that it operates in. This follows the successful sale of Barclays PLC’s stake in the bank’s Africa’s operations. Barclays PLC has since December 2017, reduced its stake in the Africa Operations from 62 to 15 percent.…