ABSA group CEO to take early retirement











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ABSA's leadership woes have come into sharp focus following news that Group CEO, Arrie Rautenbach, plans early retirement after two years at the helm. • Rautenbach and the board have agreed that his role as CEO, and Executive Director, would end on October 15. • Charles Russo will then step in as interim CEO, and become an executive director on the board. • The leadership changes come as ABSA reported lower half-year profit results in the six months ending June 2024. • For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.

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