
Absa Group Chair Sello Moloko to step down in July
René van Wyk, a former interim CEO of the bank and seasoned regulator, will take over as chairperson of both Absa Group and Absa Bank.
René van Wyk, a former interim CEO of the bank and seasoned regulator, will take over as chairperson of both Absa Group and Absa Bank.
This development comes after an inspection in 2022 that revealed lapses in Absa's adherence to critical regulatory requirements.
Absa Group to open Dubai office in early 2026, expanding global reach and tapping into Africa-Gulf trade and investment.
The investment aims to improve agricultural efficiency and expand market access in one of Africa’s most crucial sectors.
The syndicated loan, Absa’s first, signals a significant step in the bank’s commitment to sustainable investments.
Billionaires.Africa has identified and cataloged various companies linked to South African businessman Sello Moloko.
Moloko stands as a beacon of hope in the fast-paced business world and financial services industry.