Race not an issue in CEO’s departure, Absa insists

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South Africa Headlines News

Board chair Wendy Lucas-Bull says first black CEO Daniel Mminele left over strategy issues

Absa chair Wendy Lucas-Bull has defended the banking group against perceptions that its first black CEO, Daniel Mminele, was forced out as a result of clashes with white executives.

She reiterated on Sunday that his departure was a result of differences about the group’s future strategy, and was not due to any lack of commitment to transformation...If you have already registered or subscribed, please sign in to continue.

 

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What are those issues?

This goes to show how untransformed AbsaSouthAfrica is. After so many years into democracy we still talking 'first black ceo'.

Let the man cash his golden handshake cheque and I am sure we will hear from him.

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 /  🏆 28. in ZA

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