This interview confirms why JSE investors are tipping a resurgent Absa as the bank most likely to challenge long-time market leader FirstRand.
Our intense offshore focus led to neglect our own local champions. A deficiency we’re in the process of putting right.
In mid-June, Kokkie Kooyman referred Alec to a note he sent to Denker Capital clients extolling the attraction of banking shares.
The new management team at Absa continues to impress South Africa’s top banking analyst, Kokkie Kooyman of Denker Capital.
Absa Group today announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately.
Barclays Africa Chief Executive Officer of Consumer Banking Jan Moganwa is leaving as the South African lender’s retail and business banking division embarks on a reorganisation of its top management.
Barclays Africa, South Africa’s third-biggest bank, said the group will be split into retail and business banking, investment banking, the rest of Africa and wealth and insurance.