Absa Group headline earnings more than doubled to R18.6 billion (about sh4.4Trillion) in 2021 (R8billion in 2020) well in excess of 2019 earnings, as pre-provision profit increased and as the impairments charge reduced substantially. This, reflects a stronger than expected economic recovery in South Africa, where Absa generates most of its income. South Africa’s Gross […]
Mminele to start on 15 January 2020 A “forward-thinking” leader that will drive Absa’s long-term growth Absa Group Limited (AGL) today announced the appointment of Aaron Daniel Mminele as Group Chief Executive of Absa Group, effective from 15 January 2020. Mminele will be taking over from René van Wyk, who has been leading the bank […]
Leading pan-African bank appoints Cheryl Buss to build on firm’s global reach and oversee international expansion Absa Group, the leading pan-African financial services group, has appointed Cheryl Buss as CE 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 […]
Kampala: Barclays Bank Uganda today announced the beginning of its transition to Absa Uganda a process that will be completed over the next few months. This is in line with its parent company Absa Group’s 2018 decision to rebrand all operations across the continent to Absa. The company will still be known as Barclays Bank […]
