Absa Group Appoints Arrie Rautenbach New CEO

Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment Tuesday of the 56-year-old South African, follows a thorough recruitment and selection process completed by the Board. “On behalf of the Board, I am delighted to announce the appointment of Arrie as our Group CEO. I am confident that his leadership will provide the continuity and stability necessary to consolidate our purpose and strategy,” said Wendy Lucas-Bull, outgoing Absa Group Chairman. Rautenbach , who is currently Chief Executive of the Group’s retail and…

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