Absa Group, a Johannesburg-based diversified financial services provider led by South African banking executive Arrie Rautenbach, achieved a significant milestone in its …
Absa Group
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Mkhize is a seasoned veteran renowned for his extensive knowledge within South Africa’s financial services sector.
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Quinn also owns a minority stake of 0.012 percent, amounting to 99,814 shares in the financial services giant.
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Russon owns a minority stake of 0.018 percent in Absa Group, which is presently valued at $1.42 million.
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Patrice Motsepe-linked SIH combines with Absa to create one of South Africa’s largest asset managers
SIH is Sanlam’s third-party asset management company.
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South African exec Arrie Rautenbach-led Absa Group expects earnings to rise by 27 percent in H1 2022
Rautenbach owns a 0.023-percent stake in the banking group, worth $1.94 million.
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Absa Group shares have fallen by more than four percent since the opening of the Johannesburg Stock Exchange this morning.
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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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Rautenbach has been with Absa since 1997.
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The issued dividend reflects the group’s strong financial performance at the conclusion of its 2021 fiscal year.