Aaron Daniel Mminele Archives

Absa Group Completes Renaming of 12 African Subsidiaries; nears complete separation from Barclays

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryFebruary 12, 2020February 13, 2020

Absa Group Limited’s Barclays-branded subsidiaries in seven African countries – Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia – were renamed as ‘Absa’ today, February 12th 2019, completing the name change across the continent. Absa Group’s subsidiaries in Uganda and Mozambique were renamed in November. The renaming of the remaining subsidiaries today marks another substantial milestone in Absa’s separation from Barclays PLC, a three-year process scheduled for completion by mid-2020. “More than a name change, this is a milestone that brings us closer to realising our ambition as a leading African bank to support growth and development on the continent…

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Ex South African Reserve Bank Deputy Governor, Daniel Mminele, appointed Absa Group’s new Chief Executive

Muhereza KyamuteteraBanking & Financial Services Company News The Big StoryJanuary 6, 2020January 6, 2020

Absa Group Limited (AGL) today, 6th January 2020, announced the appointment of Aaron Daniel Mminele as Group Chief Executive of Absa Group, effective from 15 January 2020. Mminele will be taking over from René van Wyk, who has been leading the bank on an interim basis since Maria Ramos’ retirement in February 2019. “We are delighted to welcome Daniel to the Absa family. He brings with him a deep understanding of the financial services industry both in South Africa and abroad,” said Wendy Lucas-Bull, Chairman of the Absa Group Board. “His unique skills set and global perspective make him a…

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