Absa Group Deputy CEO Peter Matlare passes on due to COVID-19
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Absa Group has announced the demise of Peter Matlare, Executive Director and Deputy Group Chief Executive. The late Peter Matlare died on 7 March 2021 due to COVID-19 related complications, according to a statement from the company.
The Late Peter joined Absa Group Board as an independent non-executive Director in 2011. He was appointed Group Deputy Chief Executive Officer in August 2016. He was also the Chief Executive responsible for Absa Regional Operations, covering the bank’s presence on the continent outside of South Africa.
“He played a key role in overseeing our regional operations and safely leading our banks through the major Separation from Barclays and rebrand to Absa. Peter has made a significant contribution to the Group, and Absa has lost a dedicated leader, a visionary and an amazing human being,” said Wendy Lucas-Bull, Absa Group Chairperson said.
Covid-19: Absa Deputy CEO, Peter Matlare reported dead Listen to article
Deputy Chief Executive Officer (CEO) of Absa Group Limited and Chief Executive responsible for Absa Regional Operations, Peter Matlare has passed on after battling COVID-19 related complications.
A statement issued by the Group stated that the Deputy Group Chief Executive who had been with the bank since 2016, died on 7th March 2021.
It also noted that Peter Matlare joined the Absa Group Limited board as an independent Non-Executive Director in 2011.
Absa Group Limited Chairman, Wendy Lucas-Bull said, “In August 2016, he was appointed Group Deputy Chief Executive Officer, as well as Chief Executive responsible for Absa Regional Operations, covering our presence on the continent outside of South Africa. He played a key role in overseeing our regional operations and safely leading our banks through the major Separation from Barclays and rebrand to Absa”.
Absa named best retail bank in Africa
By ANA Reporter
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JOHANNESBURG - The regional operation of South African financial services group Absa has been recognised as the best retail bank on the continent, the institution said on Thursday.
In a statement, Absa said it won the honour at this year’s Global Retail Banking Innovation Awards, which focus on commending cutting-edge banks that blend the best technology with service-oriented mindsets to raise the bar in consumer banking.
The judging panel, comprising experts from leading consultancies including EY and Forrester, selected Absa Regional Operations after it successfully completed one of the banking sector’s largest and most complex separation programmes from London-based former parent company Barclays.