Absa Group has appointed Arrie Rautenbach, the current Chief Executive of the Group’s retail and business banking unit as the CEO effective immediately.
Interim CEO Jason Quinn will resume his position as Group Financial Director with immediate effect.
Arrie has more than 25 years of banking experience and he previously served as the Group’s Chief Risk Officer, providing executive leadership for the Group Separation Programme and Group Strategy Office.
I am excited at the prospect of working with a talented and diverse team, leading an outstanding business that is positioned to seize the many opportunities that lie ahead ~ Absa Group CEO Arrie Rautenbach.
I am confident that his leadership will provide the continuity and stability necessary to consolidate our purpose and strategy. I know that the Group is in good hands under Arrie’s executive leadership ~ Wendy Lucas-Bull, outgoing Absa Group Chairman
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