Another in a sadly long line of departures

CEO ’s exit reflects badly on Absa’s culture and leadership

25 April 2021 - 05:06 By HILARY JOFFE

When Daniel Mminele stepped into the CEO's office at SA's third-largest banking group in January last year, he would have known just how complicated a past Absa had. But perhaps no-one could have prepared him for just how complicated was its present.

Mminele, a former deputy governor of the Reserve Bank, agreed this week to part ways with Absa on a "no fault" basis following a standoff with the board...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.