Independent directors

Alex Darko
Alex Darko

Independent director

Colin Beggs
Colin Beggs

Independent director

Daisy Naidoo
Daisy Naidoo

Independent director

Francis Okomo Okello
Francis Okomo Okello

Independent director

Mark Merson
Mark Merson

Independent non-executive director

Mohamed Husain
Mohamed Husain

Independent director

Monwabisi Fandeso
Monwabisi Fandeso

Independent director

Paul O'Flaherty
Paul O'Flaherty

Independent director

Rene van Wyk
René van Wyk

Independent non-executive director

Tasneem Abdool-Samad
Tasneem Abdool-Samad

Independent director

Wendy Lucas Bull
Wendy Lucas Bull

Chairman

Yolanda Cuba
Yolanda Cuba

Independent director

Non-executive directors

Daniel Hodge
Daniel Hodge

Non-executive director

Executive directors

Jason Quinn
Jason Quinn

Group financial director

Maria Ramos
Maria Ramos

Chief executive officer

Peter Matlare
Peter Matlare

Group deputy chief executive officer

Executive Committee

Arrie Rautenbach
Arrie Rautenbach

Chief executive: Retail and Business Banking South Africa

August van Heerden
August van Heerden

Chief risk officer for Absa Group Limited

Bobby Malabie
Bobby Malabie

Group executive: Brand and Corporate Relations 

Bongiwe Gangeni
Bongiwe Gangeni

Deputy chief executive officer: Retail and Business Bank

Charles Russon
Charles Russon

Chief executive: Engineering Services 

Charles Wheeler
Charles Wheeler

General counsel and the acting head of compliance

Jason Quinn
Jason Quinn

Group financial director

Maria Ramos
Maria Ramos

Chief executive officer

Nomkhita Nqweni
Nomkhita Nqweni

Chief executive: Wealth, Investment Management and Insurance

Peter Matlare
Peter Matlare

Group deputy chief executive officer

Yasmin Masithela
Yasmin Masithela

Group executive: Strategic Services

Alex Darko

Independent directors

Alex Darko (65)

Independent director

Alex joined the board as an independent director in 2014 and is a member of the Group Audit and Compliance Committee (GACC), Group Remuneration Committee (RemCo), Separation Oversight Committee and is the chairman of the Information Technology Committee.

Alex held a number of senior positions at Dun & Bradstreet, including director of UK shared services, director of finance - Dun & Bradstreet Europe Ltd and head of accounting re-engineering. He later moved back to Ghana and worked for Ashanti Goldfields in a number of senior roles. Alex was vice-president, knowledge and information at AngloGold Ashanti from 2005 to 2010.

Alex is a director at Nkululeko Leadership Consulting where he advises organisations on leadership, culture, strategy and change management. He also serves as a non-executive director on the board of Consolidated Infrastructure Group Limited.

Qualifications: MSc (MIS); Fellow of Chartered Certified Accountants (FCCA).

Colin Beggs

Independent directors

Colin Beggs (69)

Independent director

Colin joined the board as an independent director in 2010. He is the chairman of the Group Audit and Compliance Committee and is a member of the Group Risk and Capital Management, Directors’ Affairs, Separation Oversight and Board Finance committees.

Colin is the former senior partner and chief executive officer of PricewaterhouseCoopers (PwC) in Southern Africa and retired from that position in June 2009. He was also the chairman of the SAICA board in 2002/3 and was a member of the Accounting Practices Board.

He is also a non-executive director of Sasol Limited, SAB Zenzele Holdings Limited and the Ethics Institute of South Africa.

Qualifications: BCom (Hons), CA (SA).

Daisy Naidoo

Independent directors

Daisy Naidoo (45)

Independent director

Daisy joined the board as an independent director in 2016. She is a member of the Group Audit and Compliance and Concentration Risk committees.

Daisy started her career in 1994 at Ernst & Young in Durban. She held various positions at South African Breweries, Deloitte and Sanlam Capital Markets, where she headed up the debt structuring unit between 2008 and 2010.Daisy is a non-executive director of Strate (Pty) Limited, Hudaco Industries Limited, Omnia Holdings Limited, Mr Price Group Limited and Anglo American Platinum Limited.

Qualifications: BCom; CA(SA); Masters in Accounting (Taxation).

Francis Okomo Okello

Independent directors

Francis Okomo Okello (68)

Independent director

Francis joined the board as an independent director in 2014. Francis is a member of the Social and Ethics Committee.

Francis is an Albert Parvin fellow of Woodrow Wilson School of Public and International Affairs, Princeton University, and a fellow of The Kenya Institute of Bankers. He serves as chairman of TPS Eastern Africa Limited (Serena Group of Hotels and Lodges), and as a non-executive director of the Nation Media Group. Currently, Francis is the executive director in charge of legal and corporate affairs at Industrial Promotion Services Group of Companies, an affiliate of the Aga Khan Fund for Economic Development.

He also serves as a member of the advisory board of the Strathmore Business School (Strathmore University, Nairobi) and is a member of the advisory committee of the Aga Khan University, Faculty of Arts and Sciences – East Africa.

Qualifications: LLB (Hons).

Mark Merson

Independent directors

Mark Merson (49)

Independent non-executive director

Mark joined the board in January 2014 as a non-executive director and became an independent non-executive director with effect from October 2017. Mark is a member of the Group Risk and Capital Management Committee and was recently appointed as chairman of the Board Finance Committee.

Mark is a graduate of Oxford University, a chartered accountant and was previously a partner in the financial services consulting practice of Arthur Andersen and Deloitte. From 2003 through 2016, he served Barclays PLC in a variety of roles including group financial controller, head of investor relations, chief financial officer for the Corporate and Investment Bank; and latterly deputy group finance director. Mark is also a director of Veritum Partners Limited, which offers advice on market interaction to European banks.

Qualifications: ACA; MA (Hons).

Mohamed Husain

Independent directors

Mohamed Husain (57)

Independent director

Mohamed joined the board as an independent director in 2008. He was appointed as the lead independent director of both the Group and Absa Bank boards with effect from 1 June 2018. He is the chairman of the Social and Ethics Committee and is a member of the Group Audit and Compliance, Group Remuneration, Directors’ Affairs and Separation Oversight committees.

Mohamed has been an attorney for 30 years, during which time he has represented a diverse range of state, institutional and individual clients in all areas of corporate practice. He is a past president of the London-based Commonwealth Lawyers Association and of the Law Society of the Northern Provinces. He is a past chairman of the Attorneys Insurance Indemnity Fund. Mohamed was a founder member and councillor of the Law Society of South Africa and he currently serves on its audit and risk committees and chairs the remuneration committee. He has served as judge of the High Court of South Africa.

Mohamed serves as director of Knowles Husain Lindsay Incorporated and KLH Investments Proprietary Limited and is the non-executive chairman of Andulela Investment Holdings Limited.

Qualifications: BProc.

Monwabisi Fandeso

Independent directors

Monwabisi Fandeso (59)

Independent director

Monwabisi joined the board as an independent director on 1 September 2017.  He is a member of the Information Technology (ITC) and Social and Ethics (SEC) committees.

Monwabisi’s career has spanned several roles in a number of sectors, including manufacturing, banking, tourism and mining.  He occupied various senior executive positions in SABMiller PLC (now AB InBev), including corporate affairs director and operations director.  He also served as country chair of Shell South Africa, and chief executive officer of the Land Bank and Thebe Tourism Group.

Monwabisi currently serves as a non-executive director of SABSA Holdings Limited.

Qualifications: BSc (Mechanical Engineering); MBA

Paul O'Flaherty

Independent directors

Paul O'Flaherty (55)

Independent director

Paul joined the board as an independent director in February 2016. He is the chairman of the Group Remuneration Committee and is a member of the Group Audit and Compliance, Group Risk and Capital Management, Separation Oversight and the Directors' Affairs committees. Paul will also be joining the Board Finance Committee with effect from April 2018.

Paul started his career in auditing and became a partner at PricewaterhouseCoopers South Africa before spending time in the construction industry in South Africa, Africa and in the Middle East. He first served as chief financial officer and deputy chief executive officer of Group Five Limited and then chief financial officer of Al Naboodah Construction Group LLC. From 2010 to 2013, he was the finance director and group executive for Group Capital of Eskom Holdings (SOC) Limited. Paul was most recently the chief executive officer of ArcelorMittal South Africa Limited from July 2014 to February 2016.

He is the chief executive officer of Al Naboodah Group Enterprises LLC and a non-executive director of enX Group Limited.

Qualifications: BCom; BAcc (Hons); CA (SA).

Rene van Wyk

Independent directors

René van Wyk (61)

Independent non-executive director

René joined the board as an independent non-executive director in 2017. He is the chairman of the Group Risk and Capital Management Committee (GRCMC) and Credit Concentration Risk Committee (CoRC) and a member of the Director’s Affairs Committee, Separation Oversight Committee and Group Audit and Compliance Committee (GACC).

René is the former registrar of Banks and head of banking supervision of the South African Reserve Bank (SARB) and retired from that position in May 2016. Prior to that, René  was with the Nedbank Group of companies (from 1993 to 2011), where he occupied various positions, in the risk field, notably executive director responsible for risk at Nedcor Investment Bank, and CEO of Imperial Bank (a subsidiary of Nedbank). In his earlier years, he joined KPMG and rose to become partner in the financial services group.

Qualifications: BCom; BCompt (Hons); CA (SA).

Tasneem Abdool-Samad

Independent directors

Tasneem Abdool-Samad (43)

Independent director

Tasneem has been on the Absa Bank Board as an independent director since 2016, and joined the Board (Absa Group) as an independent director on 1 February 2018 at which point she stepped down from the Absa Bank Board. She will be joining the Group Audit and Compliance Committee (GACC) with effect from 1 April 2018.

Tasneem started her career at Deloitte in KwaZulu-Natal. She then moved to the University of the Witwatersrand, where she was a lecturer in auditing from 2003 to 2006. In 2006 she rejoined Deloitte and is a former member of the Deloitte South Africa board.

Tasneem is a non-executive director of Absa Financial Services Limited, Reunert Limited, Long4Life Limited and Crookes Brothers Limited.

Qualifications: BCom; CA (SA).

Wendy Lucas Bull

Independent directors

Wendy Lucas Bull (64)

Chairman

Wendy joined the board as an independent director and chairman in 2013. She is also chairman of Absa Bank and Absa Financial Services. Wendy is the chairman of the Directors’ Affairs Committee and the Separation Oversight Committee, and she is also a member of the Board Finance, Group Risk and Capital Management, Group Remuneration, Credit Concentration Risk, Social and Ethics and Information Technology committees. She is a permanent attendee of the Group Audit and Compliance Committee.

Wendy is one of the founders of the Peotona Group. She was previously chief executive of FirstRand Limited’s retail businesses and prior to that an executive director of Rand Merchant Bank Holdings. Former non-executive directorships include those at Barclays PLC, Anglo American Platinum Limited, the Development Bank of Southern Africa, Alexander Forbes, Eskom, Nedbank, Telkom, Aveng (deputy chairman), Lafarge Industries (chairman), the South African Financial Markets Advisory Board, Discovery Holdings, Dimension Data PLC and the Momentum Group. She was also a member of the President’s Advisory Council on Black Economic Empowerment.

Qualifications: BSc

Yolanda Cuba

Independent directors

Yolanda Cuba (44)

Independent director

Yolanda joined the board as an independent director in 2006. She is a member of the Board Finance Committee and is a member of the Group Remuneration and Credit Concentration Risk (CoRC) Committees.

Yolanda became chief executive officer of Mvelaphanda Group Limited in 2007. She joined the South African Breweries Limited as executive director for development and decision support in September 2011 and was subsequently appointed as executive director for strategy and business support. Yolanda was appointed as chief officer: strategy and new business at Vodacom Group Limited in November 2014. She was appointed chief executive of Vodafone Ghana in March 2016.

She is a member of the Nelson Mandela Foundation Investment and Endowment Committee.

Qualifications: BCom (Statistics); BCom (Hons) (Accounting); CA (SA).

Daniel Hodge

Non-executive directors

Daniel Hodge (44)

Non-executive director

Daniel Hodge joined the board as a non-executive director with effect 1 May 2017. He is a member of the Group Risk and Capital Management Committee (GRCMC).

Daniel has been the Barclays PLC group treasurer since 2013. He will be changing roles within Barclays. He joined Barclays in 1999 and has held a number of roles in both the investment bank and in treasury during his 17 years with the firm. He was appointed managing director in 2008 and has held a number of senior management positions since, including head of execution for the structured finance division, and corporate and investment bank treasurer.

Daniel is a qualified chartered accountant and holds an MA (Hons) from Oxford University.

Jason Quinn

Executive directors

Jason Quinn (43)

Group financial director

Jason is the group financial director. He joined the board and executive committee in September 2016. He is the chairman of the Models Committee and a member of the Group Risk and Capital Management, Credit Concentration Risk, Information Technology and Separation Oversight committees.

Before joining the Group, he was a partner at Ernst & Young Inc. Jason joined the Group in 2008 as the financial controller and was appointed as the head of finance in 2014 after holding several senior finance positions.

Jason is a director of Absa Financial Services Limited, Woolworths Financial Services (Pty) Limited and is an employer-appointed trustee of the Absa Pension Fund.

Qualifications: BAcc (Hons); CA(SA).

Maria Ramos

Executive directors

Maria Ramos (58)

Chief executive officer

Maria is the chief executive and joined the board as an executive director in 2009. She is a member of the Group Risk and Capital Management, Credit Concentration Risk, Social and Ethics, Information Technology, Models, and Separation Oversight committees.

Maria was previously the director-general of the National Treasury and in January 2004, she was appointed as the group chief executive of Transnet Limited. Maria joined Absa as group chief executive in March 2009.

Maria is a non-executive director of Compagnie Financiere Richemont SA. She is also a member of the International Business Council Executive Committee; Business Leadership South Africa; and the Banking Association of South Africa.

Qualifications: Institute of Bankers’ Diploma (CAIB); BCom (Hons); MSc (Economics).

Peter Matlare

Executive directors

Peter Matlare (58)

Group deputy chief executive officer

Peter joined the board as an independent director in 2011. In August 2016, he was appointed deputy chief executive officer responsible for the rest of Africa businesses and he remains on the board as an executive director. He is a member of the Information Technology Committee and Separation Oversight Committee.

Peter began his career with the Urban Foundation and Citibank and gained international experience, particularly in Europe. Peter is the previous chief executive officer of the South African Broadcasting Corporation (SABC), chief strategy and business development officer of Vodacom SA Proprietary Limited and executive director of commercial at Vodacom SA Proprietary Limited. Most recently, Peter was the chief executive officer of Tiger Brands Limited.

Qualifications: BSc (Hons) (Political Science); MA (South African Studies).

Arrie Rautenbach

Executive committee

Arrie Rautenbach (52)

Chief executive: Retail and Business Banking South Africa

Arrie Rautenbach is the chief executive: Retail and Business Banking South Africa. Prior to this appointment, Arrie was chief risk officer and responsible for Group Strategy and the separation from Barclays PLC. He began his career with Absa Group in Bankfin in the late 1990s and has since held a number of leadership positions including head of Retail Banking in South Africa and managing executive: Absa Card, managing executive: customer segments and managing executive branch network.

Qualifications: BBA, MBA, AMP.

August van Heerden

Executive committee

August van Heerden (56)

Chief risk officer for Absa Group Limited

August van Heerden is the chief risk officer for Absa Group Limited. Prior to his appointment, he was the chief separation officer responsible for the separation programme of the Group from Barclays PLC.

From March 2016 to January 2017, August was the chief risk officer for the to-be-formed Discovery Bank. Prior to that, from 2012 to 2016, he was the chief financial officer for our retail and business banking business.

August began his career with Peat Marwick Mitchell & Co (subsequently KPMG) in 1983, where after he held various financial related positions at Nedbank Limited, KPMG and Standard Bank Group, among others.

Qualifications: BCom, BAcc (Hons), CA (SA), Advanced Diploma in Banking Law.

Bobby Malabie

Executive committee

Bobby Malabie (57)

Group executive: Brand and Corporate Relations 

Bobby is the group executive: Brand and Corporate Relations. He joined the Group and the executive committee in 2010.

He has held senior roles within Charter Life, Nedbank Group and South African Breweries. He then joined Liberty Group, where he held the position of chief executive officer: marketing and distribution.

Qualifications: BCom, MBA, MDP

Bongiwe Gangeni

Executive committee

Bongiwe Gangeni (39)

Deputy chief executive officer: Retail and Business Bank

Bongiwe Gangeni is the deputy chief executive officer for Retail and Business Bank with accountability for Private and Business Bank.

Since joining Absa in 2007, Bongiwe has held a number of senior positions in the bank, with her most recent role being managing executive for distribution in Wealth, Investment Management and Insurance (WIMI).

Bongiwe’s qualifications include a Bachelor of Pharmacy (BPharm) and postgraduate diploma in Management (PDM) from Wits Business School, an MBA from the Gordon Institute of Business Science (GIBS) and she has also attended the Advanced Management Program (AMP) at Harvard Business School.

Qualifications: BPharm, PDM, MBA, AMP.

Charles Russon

Executive committee

Charles Russon (51)

Chief executive: Engineering Services 

Charles is the chief executive: Engineering Services. He joined the Group in 2006 and the Executive Committee in 2014.

He completed his articles with KPMG and then joined Merrill Lynch in London as financial controller for credit products. Charles worked for Deutsche Bank in London and Frankfurt from 1998 to 2006 as the rates head of product control, before he joined Absa Capital in September 2006 as chief financial officer. He became the chief operating officer of Corporate and Investment Banking in October 2007 and regional head of Finance for Absa Group in September 2012. Charles was appointed as chief operating officer for Absa Group in May 2014.

Charles Wheeler

Executive committee

Charles Wheeler (43)

General counsel and the acting head of Compliance.

Charles is the general counsel and acting head of Compliance. He joined the Group and the Executive Committee in 2013.

Previously he worked as director: Legal Services at Standard Bank until 2003, as group executive: Commercial Legal at MTN Group Limited until 2010 and most recently as a legal consultant for Webber Wentzel.

Qualifications: BA, LLB, HDip (Tax).

Nomkhita Nqweni

Executive committee

Nomkhita Nqweni (43)

Chief executive: Wealth, Investment Management and Insurance

Nomkhita is the chief executive: Wealth, Investment Management and Insurance. She was appointed to the Executive Committee in 2013.

Nomkhita spent the majority of her career at Alexander Forbes performing a variety of functions and before joining Absa Group in 2010, she was the managing director of Alexander Forbes Financial Services Holdings Limited.

Qualifications: BSc, PG Dip (Investment Management).

Yasmin Masithela

Executive committee

Yasmin Masithela (44)

Group executive: Strategic Services

Yasmin is the group executive: Strategic Services. She joined the Group in 2011 and was previously the general counsel for Wealth, Investment Management and Insurance. Yasmin completed her articles with Webber Wentzel and became an associate in the South African project finance team. In 2011, she joined Siemens Limited where she later led the projects and export finance department.

Prior to joining Barclays Africa Group, she was the partner responsible for general corporate, mergers and acquisitions, corporate and project finance at Phukubje Pierce Masithela. Yasmin is also a non-executive director of a public sector utility company and a company listed on the JSE.

Qualifications: LLB, HDip (Company Law), LLM (Tax Law).