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Absa Group Deputy CEO Dies After Battling Covid-19

“Peter was a consummate professional, who made an immense contribution to business in South Africa and across the African continent,” the statement from the family reads.
At Absa Matlare steered operations in the rest of Africa where the lender had been expanding its corporate and investment banking unit while focusing on raising revenue from its existing business on the continent. South Africa’s third largest bank started driving a strategic and organizational overhaul in 2018, after separating from its former parent Barclays Plc, and positioned itself as a pan-African player.
Matlare was previously the CEO of the South African Broadcasting Corporation, and Tiger Brands, and a senior Group Executive at Vodacom. ....

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Peter Matlare, Deputy CEO of Absa, dies of Covid-19 complications

Peter Matlare, Deputy CEO of Absa, dies of Covid-19 complications
By IOL Reporter
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Peter Matlare, Absa Group deputy CEO, has died after a battle with Covid-19, his family confirmed on Sunday.
At the time of his passing, Matlare was Deputy CEO of Absa, with responsibility for operations outside South Africa.
Matlare previously held the positions of Chief Executive Officer at Tiger Brands and Chief Executive Officer at the SABC. He was also a senior Group Executive at Vodacom.
“Peter was a consummate professional, who made an immense contribution to business in South Africa and across the African continent. He was passionate about transforming businesses, and believed deeply in the potential of Africa. He also created opportunities for dozens of young managers and professionals to expand their horizons in the businesses he led,” Matlare’s family said in a statement on Sunday. ....

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