Outgoing Standard Bank South Africa CEO Kenny Fihla will be Absa’s next group CEO with effect from mid-June.
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Absa Group on Monday said CEO Arrie Rautenbach will take early retirement from the company.
Workers will now be able to work anytime, anywhere, use their own devices and manage their own workloads.
Barclays Africa Group, South Africa’s third biggest bank, will split into four operating units as the lender outlines its growth strategy after the sale by its UK parent. The Johannesburg-based firm will separate retail