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Star South Africa (Digital)

Star South Africa (Digital)

1 Issue, 2025-03-18

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Kenny Fihla appointed as Absa's new CEO amid leadership changes

Kenny Fihla appointed as Absa's new CEO amid leadership changes
Speculation over what Fihla will earn at Absa, but former CEO Rautenbach earned R37.55m Absa’s appointment of former Standard Bank deputy CEO Kenny Fihla as its new CEO on Monday, after he resigned suddenly from his former employer on Sunday night, would address a leadership vacuum at Absa and possibly improve market sentiment in Absa. Absa announced Fihla's appointment as CEO was effective from June 17, 2025, while its current interim CEO Charles Russon will stay on in that role until Fihla takes over and will work closely with the new CEO to ensure a smooth transition, after which Russon would take a key senior role within the group executive committee. “Standard Bank Group announces that after 18 years of service to the group, Kenny Fihla, the group’s deputy chief…
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Star South Africa (Digital) - 1 Issue, 2025-03-18

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