Absa’s first Black CEO Daniel Mminele receives $2.1 million in termination payment from Absa Group
The South African executive became CEO of Absa Group in January 2020.
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The South African executive became CEO of Absa Group in January 2020.
Rautenbach has been with Absa since 1997.
The issued dividend reflects the group’s strong financial performance at the conclusion of its 2021 fiscal year.
The deal would create one of South Africa’s biggest lenders.