Arrie Rautenbach’s track record made him CEO, says Absa

Bank defends decision in response to PIC criticism

03 April 2022 - 00:04

By THABISO MOCHIKO

Absa has defended its appointment of Arrie Rautenbach as its new CEO after the Public Investment Corporation (PIC) lambasted the bank for its lack of transformation, saying it was "downright" disappointed in the bank.

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