Absa fills chairs after chief executive’s exit
28 Apr 2021
Towering dispute: Earlier this month Absa announced Daniel Mminele’s departure, citing differences over strategy between him and the board.
Absa has made a new appointment in the wake of Daniel Mminele’s decision to step down as the bank’s chief executive. Absa said on Wednesday that it had appointed Deon Raju as its chief risk officer. He will take over from Rajal Vaidya, who was appointed in an acting position in February, and will start work at the beginning of June.
Raju is Absa’s group treasurer and is primarily responsible for the liquidity risk, funding, capital, and nontraded market risks. Parin Gokaldas will be Absa’s new treasurer.