Sipho Pityana removed by Absa Group and Absa Bank Boards as a director of the Boards iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The Reserve Bank's Prudential Authority has hit back at Sipho Pityana, saying in court papers filed on Tuesday that it did not thwart his chance of being Absa chairperson as he was not nominated for the position and he "simply failed to convince" the Absa board to nominate him.