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Daniel Mminele will leave Absa in less than a year and a half as CEO.

Daniel Mminele, CEO of Absa, states that one of the reasons he joined Absa was his clear ambition to be a Pan-African Bank.Photo: Courtesy of Absa Group

Daniel Mminele will leave Absa in less than a year and a half as CEO of one of the top four lines of SA.

The bank said in a Tuesday morning announcement that Mminele and its board of directors were “engaged in various debates surrounding his business relationship.”

“Mr. Minere and both councils are working on an appropriate separation arrangement, and more announcements will be made after noon,” Absa said.

The appointment of Mminele was announced in January 2020.

last month Mminele told Fin24 When Maria Ramos got a job as Absa’s head, he couldn’t resist the challenge.

At that time, Minere, a former vice-president of the South African Reserve Bank, who had broken out of the commercial bank loop for 20 years, said it would be a challenge like him to lead an organization busy reforming himself. I was thinking. Until.

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Daniel Mminele will leave Absa in less than a year and a half as CEO.

Source link Daniel Mminele will leave Absa in less than a year and a half as CEO.

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