Absa gets new finance chief

• Published date: 26 April 2024
• Author: Kabelo Khumalo Companies & Markets Editor
• Publication title: Business Day: Web Edition Articles (Johannesburg, South Africa)

Quinn, who spent 15 years with Absa will take over from Nedbank's veteran Mike Brown next month

Absa said Raju will assume his new role immediately.

"He joined Absa in 1999 and was the Group Treasurer between 2016 and 2021. Deon becomes a member of the Board Group Risk and Capital Management Committee, Group Credit Risk Committee, and the Information Technology Committee," the group said.

"Furthermore, shareholders are informed that Chris Snyman, currently Interim Financial Director of Absa Group and Absa Bank, will relinquish these roles and step down as an executive director of the Boards and as member of the above committees with immediate effect."

The lender also appointed Rajal Vaidya as interim group...