Absa CEO Arrie Rautenbach agrees to take early retirement
5 Articles
5 Articles
Absa head Arrie Rautenbach to step down after two years at the helm – The Mail & Guardian
Absa’s chief executive Arrie Rautenbach has agreed to take early retirement after discussions with the board, according to a statement released by the lender on Monday. Rautenbach, who is 59, stepped into the job in March 2022, taking over from Daniel Mminele, who also served a short stint at the helm — resigning in April 2021 after being appointed in January 2020. Rautenbach’s early retirement will be effective from 15 April 2025, Absa said i…
Arrie Rautenbach to retire early as Absa Group CEO: Transition to interim leadership announced
In a move that has surprised many within the financial sector, Absa Group has announced that its Group Chief Executive Officer, Arrie Rautenbach, will be taking early retirement. He steps down in mid-October after just two and a half years in the top job. Charles Russon will become the group’s interim CEO. He has been with Absa for almost two decades and in the last six years has headed its Corporate and Investment bank. Absa says the decision…
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