Absa CEO Maria Ramos retired at the end of February 2019, when she turned 60.newsletter hereMminele resigned from the Reserve Bank in June, and is currently presumed to be serving a"cooling off" notice period of six months before he takes over at Absa.
Mminele was born in 1965 in Phalaborwa, but went to school in Germany and received a degree from London Guildhall University. After working in the banking sector in the UK and Germany, he returned to South Africa in 1995 to join Commerzbank in Johannesburg. He then briefly worked at African Merchant Bank, before before joining the He served in the bank’s financial markets and international banking departments, before being appointed as deputy governor responsible for financial markets and international economic relations.
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