Absa Retail News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As part of a strategic plan to drive growth and reinforce its position in the market, Absa announced changes to the group’s executive committee.

Punki Modise is Absa Group’s Chief Strategy and Sustainability Officer and previously served as the Interim CEO of Absa Retail and Business Banking. She joined Absa Group in 2008 and has since held multiple other senior management roles, including Head of Transactional Banking, Chief of Staff for Retail Banking, and CFO of Absa Distribution Channels. Modise holds a Bachelor of Commerce from the University of Witwatersrand, a Master’s degree in Financial Management from the University of Johannesburg, and is a qualified chartered accountant.

South Africa’s move towards an increasingly banked population is to be welcomed. However, bank fees are notorious for eating away at your bank balance.

Absa CEO, Arrie Rautenbach, says the bank is "very deliberate" about its transformation and inclusivity moves and growing its own timber.

Confidence levels across the manufacturing sector in South Africa dropped 14 points to 29 in the second quarter, according to the latest Absa Manufacturing survey. “After a fairly upbeat set of results in the first quarter of 2022, additional headwinds have caused a decrease in confidence,” said Justin Schmidt, Head of Manufacturing Sector at Absa […]