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Our board sets strategic direction and provides oversight and control, acting as an independent check and balance to the executive management team, whose responsibility is to manage the business.
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Independent Non-Executive Chairman
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Lead Independent Director
Independent Non-Executive Director
Interim Group Chief Executive Officer
Group Financial Director
Interim Group Chief Executive Officer
Chief Executive: Everyday Banking
Interim Chief Executive: Corporate and Investment Banking
Group Chief Risk Officer
Chief Executive: Relationship Banking
Chief Executive: Product Solutions Cluster
Group Financial Director
Chief Executive: Absa Regional Operations
Group Chief Compliance Officer
Group Chief Brand, Marketing and Corporate Affairs Officer
Group Chief Information and Technology Officer
Group Chief Strategy and Sustainability Officer
Group Chief Audit Executive
Group Chief People Officer
Sello was appointed to the Board as an independent non-executive director and Chairman designate of Absa Group and Absa Bank with effect from 1 December 2021, On 1 April 2022, he became the Group Chairman.
He is the chairman of the Directors’ Affairs Committee (DAC) and a member of Group Risk and Capital Management Committee (GRCMC), Group Remuneration Committee (RemCo), Social, Sustainability and Ethics Committee (SSEC) and Board Finance Committee (BFC).
Sello has a career spanning more than 30 years in the financial services industry.
He is a former CEO of Old Mutual Asset Managers, where he was also a member of the Old Mutual South Africa executive team.
Sello is a co-founder of Thesele Group, an investment holding company, where he is the Executive Chairman.
He has served as chairman of various listed companies, including Alexander Forbes Group Holdings Limited, Sibanye-Stillwater Limited and General Reinsurance Africa Limited (a Berkshire Hathaway company), and Telkom SA SOC Limited.
He is also a trustee of the Nelson Mandela Foundation.
Qualifications: BSc (Hons), Post Graduate Certificate in Education (PGCE), Advanced Management Program (AMP).
Ihron joined the Board as an independent non-executive director on 1 October 2019.
He is the chairman of the Social, Sustainability and Ethics Committee (SSEC) and a member of the Group Remuneration Committee (RemCo) and Directors' Affairs Committee (DAC).
Ihron was Vice Chancellor and Principal of the University of Johannesburg (UJ) from 2006 to 2017.
Prior to his position at UJ, Ihron worked for the SABC and the Department of Education as Deputy Director General, where he was tasked to oversee and lead the development and implementation of the post-apartheid national education curriculum and policy.
Ihron is currently the Chairman of the South African National Commission for UNESCO.
He is also Senior Advisor to the Principal and Visiting Professor at Kings College London as well as an Honorary Professor at Nelson Mandela University.
He has extensive strategy, policy development and organisational turnaround and merger experience, complemented by experience in engaging with government, business and civil society.
Qualifications: Doctor of Laws (Honoris Causa), PhD (International Development Education), MA (Political and Organisational Sociology), and Bachelor of Pharmacy.
John joined the board as an independent non-executive director with effect from 15 November 2021.
He is a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC), Information Technology Committee (ITC) and is the chairman of the Models Committee (MC).
John is the former group treasurer of the Royal Bank of Scotland (2007 to 2017) and the former group treasurer and finance director of Standard Life Bank (1997 to 2007).
He is a former independent non-executive director of Lloyds Bank Corporate Markets plc, and the former chairman of its Risk Committee.
John currently serves as the CEO of Aviva Capital Partners Limited, as chairman of the Old Members Trust, University College, Oxford, as the Deputy Governor of the Bedford School and as an advisory board member of the Global Pandemic Institute, Liverpool University and the Centre for Cities (London based think tank on cities).
Qualifications: MBA; BA (Hons)
René rejoined the Absa Group Board as a non-executive director from 1 August 2020.
He served as the Group Chief Executive from 1 March 2019 to 14 January 2020.
Following a cooling-off period of 12 months, René has since been regarded as an independent non-executive director from 1 August 2021.
He was appointed as an independent non-executive director of Absa Bank Limited on 1 February 2022.
René originally joined the board as an independent non-executive director on 1 February 2017.
He is a member of the Group Audit and Compliance Committee (GACC), Directors’ Affairs Committee (DAC), Board Finance Committee (BFC) and is the chairman of the Group Risk and Capital Management Committee (GRCMC), and Group Credit Risk Committee (GCRC).
René is the former registrar of Banks and head of banking supervision of the South African Reserve Bank (SARB) and retired from that position in May 2016.
Prior to that, René was with the Nedbank Group of companies from 1993 to 2011, where he occupied various positions, in the risk field, notably executive director responsible for risk at Nedcor Investment Bank, and CEO of Imperial Bank (a subsidiary of Nedbank).
In his earlier years, he joined KPMG and became a partner in the financial services group.
René is a non-executive director of Motus Holdings Limited.
Qualifications: B Com; BCompt (Hons); CA (SA).
Rose joined the board as an independent non-executive director on 1 September 2019.
She is a member of the Directors’ Affairs Committee (DAC), Information Technology Committee (ITC), Social, Sustainability and Ethics Committee (SSEC), and is the chairman of the Group Remuneration Committee (RemCo) .
She has been a member of the Absa Financial Services (AFS) Board since July 2020.
She was appointed as an independent non-executive director of Absa Bank Limited with effect from 8 February 2022.
Rose retired as the former Chief Operating Officer (COO) of Old Mutual Emerging Markets (OMEM) in February 2018, following a career with the Old Mutual group spanning 38 years and various, mainly information technology and operations related, positions.
Prior to her position as COO, she was the Managing Director of OMEM Customer Services and Technology.
Rose currently also serves as a non-executive director of the Gender-Based Violence Fund (GBVF).
Qualifications: BSc; B Com (Honours).
Fulvio joined the Absa Group Limited board as a non-independent non-executive director on 1 July 2020.
He became an independent non-executive director on 1 July 2023.
He is a member of the Group Credit Risk Committee (GCRC), Group Risk and Capital Management Committee (GRCMC), Board Finance Committee (BFC) and Group Audit and Compliance Committee (GACC).
He is also a non-executive director of Absa Bank Kenya Plc.
Fulvio was, until the end of June 2019, the Chief Operating Officer at PwC Africa and a member of the firm's leadership team.
In this role, he assisted in the delivery of the firm's strategic direction and was also responsible for the effective operation of the firm's risk management, finance, information technology and other internal firm services.
Fulvio retired from PwC in June 2020 having joined PwC in July 1987.
Prior to that he completed his articles at Deloitte.
Fulvio is an independent non-executive director of the Equites Property Fund Limited, Life Healthcare Group Holdings Limited and The Ethics Institute.
He is Chairman of the Independent Regulatory Board for Auditors (IRBA).
Qualifications: B Com (Hons), CA (SA).
Tasneem has been on the Absa Bank Board as an independent non-executive director since 2016, and joined the Board (Absa Group) as an independent non-executive director on 1 February 2018.
She joined the Group Audit and Compliance Committee (GACC) on 1 April 2018 and assumed the position of GACC chairman from 4 June 2020.
She rejoined the board of Absa Bank Limited as independent non-executive director with effect from 4 June 2020.
Tasneem is also a member of the Group Risk and Capital Management Committee (GRCMC), Board Finance Committee (BFC) and Directors’ Affairs Committee (DAC).
She is the Chairman of the Absa Financial Services Board.
Tasneem started her career at Deloitte in KwaZulu-Natal.
She then moved to the University of the Witwatersrand, where she was a lecturer in auditing from 2003 to 2006.
In 2006 she rejoined Deloitte and is a former member of the Deloitte South Africa board.
Tasneem is an independent non-executive chairman of Absa Financial Services Limited, and is a non-executive director of Reunert Limited, and Bid Corporation Limited.
Qualifications: B Com; CA (SA)
Alpheus Mangale was appointed as an independent non-executive director of Absa Group with effect from 1 July 2023.
Alpheus is a member of the Group Risk and Capital Management Committee (GRCMC), Information Technology Committee (ITC) and Group Remuneration Committee (RemCo).
Alpheus is a seasoned senior executive, with over 25 years’ experience across financial services, telecoms, enterprise and technology markets in Europe, Middle East, and Africa region.
He is currently the group chief executive officer for Seacom Limited.
Alpheus has previously served on various boards and performed several senior leadership roles in the financial services and technology industries.
Qualifications: National Diploma in Computer Systems Engineering (Tshwane University of Technology); Post Graduate Certificate in Management (Henley Business School); Advanced Management Programme (Harvard Business School)
Peter joined the Board as an independent non-executive director on 1 August 2023 and is the chairman of the Information Technology Committee (ITC) and a member of the Group Audit and Compliance Committee (GACC) and Remuneration Committee (RemCo).
Peter has served on a number of large listed and unlisted diversified boards across South Africa and on the African continent.
He is currently an independent non-executive director of Remgro Limited and RCL Foods Limited.
He is the former Chief Operations Officer and was an executive director of Absa Group and Absa Bank Limited until June 2009.
Qualifications: Chartered Certified Accountant; Fellow of the Association of Certified Chartered Accountants (ACCA) UK.
Luisa joined the Board as an independent non-executive director on 1 September 2023 and is a member of the Group Risk and Capital Management Committee (GRCMC), Social, Sustainability and Ethics Committee (SSEC) and the Board Finance Committee (BFC).
Luisa is currently a non-executive director on the board of Total Mozambique.
She is the former Prime Minister of the Republic of Mozambique (2004 to 2010) and the Minister of Planning and Finance (2000 to 2004).
She is a seasoned leader with many years of experience in financial services and in the broader areas of economics, strategy and stakeholder management.
Qualifications: B Econ (Eduardo Mondlane University); Masters in Financial Economics (University of London)
Nonhlanhla joined the board as an independent non-executive director on 15 October 2020.
She is a member of the Directors’ Affairs Committee (DAC), Social, Sustainability and Ethics Committee (SSEC), Group Credit Risk Committee (GCRC) and is the chairman of the Board Finance Committee (BFC).
She was appointed as the lead independent director of both the Group and Absa Bank boards with effect from 8 February 2022.
She is the former economic advisor to the Presidency, former chairman of the National Urban Reconstruction and Housing Agency and former deputy chair of the Construction Industry Development Board.
Nonhlanhla serves on the board and audit committee of Zeder Investment Limited, is a non-executive director of Zeder Financial Services Limited, and has previously served on the boards of several other listed companies including Capitec Bank, WBHO Construction, Cadiz Financial Services, Tongaat Hulett and Pioneer Foods.
Qualifications: Post-Graduate Certificate (Engineering Business Management); Fellowship in Urban Development (MIT); Masters in Urban and Regional Planning.
Alison joined the Board as an independent non-executive director on 1 December 2023.
She is a member of the Group Audit and Compliance Committee (GACC) and Group Risk and Capital Management Committee (GRCMC)
Alison joined KPMG in 1990 as a senior consultant and was made a director in 1996 and a partner in 1998 in Financial Services.
She was head of Financial Risk Management for 15 years, representing the South African practice in the global centres of excellence for Central Banking and Financial Risk Management.
Alison retired from KPMG in May 2020.
Qualifications:
BCom
CA (Scotland)
Associate Diploma (Institute of Bankers South Africa)
Charles was appointed as Interim Group Chief Executive Officer on 15 October 2024 and he joined the Board on the same date.
Prior to the appointment date, he was Chief Executive of Absa's Corporate and Investment Bank ("CIB").
His earlier roles within the Group included a number of leadership positions such as Acting Group Executive: Absa Regional Operations; Group Chief Operating Officer; Regional Head of Finance; Chief Operating Officer of Corporate and Investment Banking; and Chief Executive: Engineering Services.
He joined the Group in 2006 and the Executive Committee in 2014.
He is a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC), Social, Sustainability and Ethics Committee (SSEC), and Information Technology Committee (ITC).
He completed his articles with KPMG and then joined Merrill Lynch in London as financial controller for credit products.
Charles worked for Deutsche Bank in London and Frankfurt from 1998 to 2006 as the rates Head of Product Control before he joined Absa Capital in September 2006 as Chief Financial Officer.
Qualifications: CA (SA)
Deon was appointed as Group Financial Director on 26 April 2024 and he joined the Board on the same date.
Prior to the appointment role, he was Absa’s Group Chief Risk Officer with effect from 1 June 2021 and was a member of the Executive Committee and the Group Treasurer for the 5 years before that, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group.
Deon is the chairman of the Models Committee and a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC) and Information Technology Committee (ITC).
Deon has been with Absa for over 20 years of his 22 years in banking.
Deon has held a variety of roles within the organisation, including within Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets.
He is a seasoned banking professional with deep institutional knowledge of the Group, as well extensive and diversified banking experience in business, finance and risk management.
Qualifications: B Com (Hons); CA (SA); CFA.
Charles was appointed as Interim Group Chief Executive Officer on 15 October 2024 and he joined the Board on the same date.
Prior to the appointment date, he was Chief Executive of Absa's Corporate and Investment Bank ("CIB").
His earlier roles within the Group included a number of leadership positions such as Acting Group Executive: Absa Regional Operations; Group Chief Operating Officer; Regional Head of Finance; Chief Operating Officer of Corporate and Investment Banking; and Chief Executive: Engineering Services.
He joined the Group in 2006 and the Executive Committee in 2014.
He is a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC), Social, Sustainability and Ethics Committee (SSEC), and Information Technology Committee (ITC).
He completed his articles with KPMG and then joined Merrill Lynch in London as financial controller for credit products.
Charles worked for Deutsche Bank in London and Frankfurt from 1998 to 2006 as the rates Head of Product Control before he joined Absa Capital in September 2006 as Chief Financial Officer.
Qualifications: CA (SA)
Christine was appointed as Chief Executive: Everyday Banking with effect from 26 April 2024.
She has previously held the role of Managing Executive: Consumer Product, where her portfolio provided Absa’s business with a renewed edge and greater accountability of the customer value chain so that Absa stays on the cutting-edge of banking.
Christine joined Absa in January 2019 as an Executive member of the Absa Retail and Business Banking Executive team, looking after Customer Value Management portfolio.
Prior to joining Absa Group, she was formerly a partner at McKinsey and Company and had extensive experience serving banks locally and internationally on strategic topics.
She also worked with the McKinsey Global Institute in co-authoring an in-depth report on accelerating South Africa’s economic growth.
Christine is a member of the South African Institute of Chartered Accountants (SAICA).
She graduated top of her class and was placed in the top ten in her national qualifying examination.
Yasmin was appointed Interim Chief Executive Absa Corporate and Investment Banking on 15 October 2024 and became a member of the Executive Committee on the same date.
Prior to this role, Yasmin served as Managing Executive: Transactional Banking, Absa CIB.
She joined Absa Group in 2011 as General Counsel for the Wealth, Investment Management and Insurance business, before becoming the Group Head of Compliance and a member of the Absa Group Executive Committee in 2014.
In 2018, Yasmin became the Chief Executive for Group Strategic Services – a portfolio that drove the Group’s corporate strategy including the Digital, Human Resources and Culture agenda.
Yasmin is a trained attorney with specialization in corporate and commercial law and holds a Masters in Tax Law from University of the Witwatersrand.
Before joining Absa, Yasmin ventured into private practice as a founding partner at Phukubje Pierce Masithela Attorneys, responsible for various portfolios of the firm, including Mergers and Acquisitions, Corporate law, Structured Financing, Project Finance and Public Private Partnerships Practices.
Yasmin has served on various boards.
Qualifications: LLB; HDip (Company Law); LLM (Tax Law)
Rajal Vaidya is Chief Risk Officer for Absa Group and has over 30 years of international experience, spanning multiple geographies in Asia, the Middle East, and Africa in business and risk roles.
Rajal previously occupied the position of Chief Risk Officer for Absa Corporate & Investment Bank where he was accountable for alignment to the Absa Group risk appetite, policies, and risk strategy, whilst enabling balanced growth and delivery on the CIB business strategies.
From 2016 to 2019 Rajal was the Chief Risk Officer for Africa Regional Operations (ARO) responsible for Credit Risk Market Risk, Operational Risk and Treasury Risk for 11 countries covering Retail & Business Banking as well as CIB; and from 2019 to 2021 Rajal held CRO positions for both Absa CIB and ARO (RBB and CIB), as well as a stint as Acting Chief Risk Officer for Absa Group Ltd.
Prior to taking on the CRO role in March 2016, Rajal was the Head of Consumer Banking for Barclays Africa (now Absa Regional Operations) covering 12 countries, in which capacity he led the design and execution of the Consumer Bank strategy, with business responsibility for balance sheet and P&L growth, Product development, Credit, Digital Strategy and Channels, and Sales and Distribution.
Rajal started his banking career with Citigroup in India, where over a period of 17 years, he held senior positions in business as well as risk.
His last position was Senior Credit Officer Citigroup, and Chief Risk Officer Citifinancial India.
Faisal Mkhize is the Chief Executive of Relationship Banking and was appointed as a member of the Group Exco from 1 July 2022.
He was previously Managing Executive: Absa Vehicle and Asset Finance (AVAF).
Faisal has over 25 years of banking experience and a solid track record in Retail and Business Banking.
He has served in a number of senior leadership roles in the bank, including Managing Executive of Retail and Business Banking in KwaZulu-Natal, Head of Market Leadership and Change in Absa Business Bank as well as Regional Executive of Private Bank in the Northern Region.
Faisal was also a Managing Director with Barclays Bank Mozambique.
Qualifications: B Admin (Hons); Masters in Development Finance; Advanced Business Ethics Leadership.
Geoff was appointed as Chief Executive: Product Solutions Cluster with effect from 1 July 2022.
He was previously Managing Executive: Secured Lending.
Geoff has 15 years banking experience having held a number of senior leadership positions across the disciplines of Retail Banking including Managing Executive: Home Loans, Managing Executive: Absa Card and Payments, Head: Product and Pricing Centre of Excellence, CFO: Absa Mortgages; CFO Absa Card division.
Qualifications: B Com; B Acc; CA(SA); AMP (Insead)
Deon was appointed as Group Financial Director on 26 April 2024 and he joined the Board on the same date.
Prior to the appointment role, he was Absa’s Group Chief Risk Officer with effect from 1 June 2021 and was a member of the Executive Committee and the Group Treasurer for the 5 years before that, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group.
Deon is the chairman of the Models Committee and a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC) and Information Technology Committee (ITC).
Deon has been with Absa for over 20 years of his 22 years in banking.
Deon has held a variety of roles within the organisation, including within Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets.
He is a seasoned banking professional with deep institutional knowledge of the Group, as well extensive and diversified banking experience in business, finance and risk management.
Qualifications: B Com (Hons); CA (SA); CFA.
Saviour was appointed Chief Executive: Absa Regional Operations (ARO) with effect from 1 November 2021.
In addition to his regional stakeholder responsibility, Saviour is responsible for RBB ARO as Chief Executive: ARO with effect from 1 July 2022.
Saviour has been with Absa since December 2010, having joined as Managing Director and CEO of Barclays Bank Zambia.
More recently, he was Regional Managing Director in ARO, responsible for overseeing the Group’s businesses in Botswana, Mozambique, the Seychelles, Tanzania (Absa Bank Tanzania and National Bank of Commerce) and Uganda.
Saviour is a seasoned, senior executive with extensive banking experience that spans over 28 years, having started his career in the Corporate and Investment Bank of Citigroup, building his regional expertise as Country Representative in Ghana in 2003 and was subsequently appointed Managing Director and CEO of Citibank Zambia Ltd in 2006.
Qualifications: BA Econ, Fellow of the Zambia Institute of Banking and Financial Services (FZIBFS), IMD Senior Executive Breakthrough Program Certificate.
Akash Singh was appointed as the Group Chief Compliance Officer with effect from November 2019.
Prior to this role, he was the Chief Compliance Officer of Retail and Business Bank SA.
Akash was the Head of Operational Risk: Africa for Barclays Africa Group with oversight across 14 countries.
He has also held various Internal Audit roles within the Absa Group.
Before joining Absa, Akash was with Nedcor Limited in the Finance function.
He has extensive knowledge and experience in strategic and technical management of operational risk, as well as regulatory and compliance risk management.
Qualifications: B Com (Hons); CA SA
Sydney was appointed as Group Chief Brand, Marketing and Corporate Affairs Officer with effect from 1 January 2023.
He was previously the Chief Executive: Brand at Sanlam Group and a member of the Group Executive Committee.
He joined Sanlam in 2019 from Liberty Group, where he was Chief Marketing and Communications Officer.
He was Executive Head – Group Marketing at Nedbank Ltd from 2011 to 2017.
Prior to this, he held brand and marketing roles at consumer sector companies including SAB Miller, Unilever, Cell C and DIAGEO.
Sydney was Chairman of the Marketing Association of South Africa until December 2022.
Qualifications: AMP (MIT); MBA (GIBS); Postgraduate Diploma in Strategic Marketing Management (UNISA); B Social Science (UCT)
Johnson was appointed as Group Chief Information and Technology Officer with effect from 1 January 2023.
He was previously the Group Chief Information Officer at Old Mutual, a position he has held since 2018.
He has 25 years of experience in leading digitalisation in regulated industries.
Johnson was previously employed at Aviva, a UK insurance, wealth and retirement business, during 2005 - 2014, holding various information and technology roles, including COO Shared Services Director and Group Functions IT Directors.
Prior to this, he was Executive Vice President, Programme Director at biopharmaceutical business AstraZeneca (1998-2005).
Qualifications: Advanced Management Programme; MBA; B Eng
Punki was appointed as the Group Chief and Sustainability Officer with effect from 1 July 2022.
She has previously held the roles of Interim Chief Executive: RBB and Interim Financial Director.
Punki joined Absa Group in 2008 and has held various senior management positions, including that of Chief Financial Officer: Retail and Business Banking since June 2016.
Previous roles include Head: Transactional Banking, Chief of Staff: Retail Banking and Chief Financial Officer: Distribution Channels.
Prior to joining Absa Group, she held positions at Standard Bank and Fedsure, having completed her articles at PricewaterhouseCoopers Inc.
Punki is a non-executive director of Absa Life Limited, Woolworths Financial Services (Pty) Limited and Ford Financial Services (Pty) Ltd.
Qualifications: B Com; CA(SA); Masters in Financial Management
Prabashni was appointed Group Chief Audit Executive effective from 4 January 2021 and is an ex officio member of the Executive Committee.
Prabashni is a seasoned Audit practitioner, with extensive experience in the banking industry.
Prior to joining Absa Group, Prabashni served as the Group Chief Internal Auditor at Nedbank Group, preceding that, she spent just over 15 years at Standard Bank in various senior risk management and assurance roles.
Prabashni’s responsibilities include leading the Internal Audit team’s implementation of the Absa Group Audit Programme, while providing strategic leadership and counsel to both the Exco and the Board on internal and external audit matters.
She also works closely with the Group Compliance and Risk functions in dispensing of her duties as Group Chief Audit Executive.
Qualifications: B luris, Advanced Management Programme (AMP) and certifications in Risk Management, Banking and Digital Business Transformation
Jeanett was appointed as Group Chief People Officer with effect from 1 January 2023.
She was previously Group Human Resources director at Sanlam Limited, a position she has held since July 2019.
Prior to joining the Sanlam Group, Jeanett held senior HR roles at a number of blue-chip companies including SAP, AngloGold Ashanti, Industrial Development Corporation, Mutual & Federal and Hewlett Packard among, others.
Jeanett started her career as a professional nurse and Midwife prior to pursuing opportunities in the HR profession.
Qualifications: MBL; Senior Executive Programme, Harvard; Advanced Management Programme; B Com,(Business Management); General Nursing and Midwifery Diploma.
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