Absa CEO Kenny Fihla's $9 million pay triggers shareholder revolt
Absa Group shareholders delivered a 43.37% vote against the bank's executive pay report at its AGM over CEO Kenny Fihla's R148 million compensation package for 2025.
Kenny Fihla
Kenny Fihla is raiding Rothschild, Standard Bank and Deutsche Bank to rebuild Absa into Africa's deal bank
Kenny Fihla's Absa has hired Rothschild and Co's Giles Douglas as managing executive of its investment bank, continuing a rapid hiring push to rebuild the lender's corporate and deal-making capability across Africa.
South African banking giant Absa Group's Kenny Fihla earns $7.6 million in first year as CEO
Absa Group CEO Kenny Fihla received R128 million ($7.6 million) in total remuneration in 2025, with buyout awards replacing forfeited Standard Bank incentives making up the bulk of the package.
Absa, led by Kenny Fihla, channels $100 million into African green power
Absa, led by Kenny Fihla, invests $100 million in African renewable energy through CrossBoundary Energy.
Absa, led by Kenny Fihla, to acquire Standard Chartered Uganda’s retail, wealth business
Absa Bank Uganda, an arm of the banking group led by Kenny Fihla, will acquire Standard Chartered’s retail and wealth units to boost its footprint and retail reach in East Africa.
Kenny Fihla-led Absa, deepens AWS partnership to drive digital transformation across Africa
The move underscores CEO Ralph Mupita’s push for consolidation in a market where Vodacom has already secured approval for a contested fiber deal.
South African executive Kenny Fihla drives Absa’s retail and pan-African expansion plans
Kenny Fihla leads Absa’s retail revamp, driving digital banking growth and pan-African expansion with strong first-half 2025 results.
Absa, led by Kenny Fihla, signs deal with BYD to boost EV financing in South Africa
The Johannesburg-based lender aims to build a sustainable finance ecosystem as demand for new energy vehicles (NEVs) continues to climb.
Kenny Fihla-led Absa accounting ‘in disarray,’ court denies property seizure bid
The court rejected Absa’s application, insisting the matter requires full trial and mediation, which the bank had declined.
Absa Bank names South African banking veteran Kenny Fihla as new CEO
He will take over from Charles Russon, who has been serving as interim CEO following the early retirement of the previous chief executive.
South African exec Kenny Fihla earns $2.4-million salary from Standard Bank
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million.