The country's third-largest lender is seeking a permanent replacement for Ramos, who is stepping down later this month after a decade in charge. Her successor will be responsible for leading Johannesburg-based Absa as it embarks a new era, after former parent Barclays Plc sold down a majority stake.
Mminele is one of a select number of shortlisted candidates for the job, said the people, who asked not to be named as the deliberations are private. The 53-year-old has been a deputy governor of South Africa's Reserve Bank for almost a decade and is responsible for financial markets and international-economic relations. He has worked at the institution in various positions since 1999. His current term expires in June, and he would be subject to six months of so-called gardening leave.