Headshot of Fulvio Tonelli, Independent Non-Executive Director at Absa Group.
Categories
board and management Independent directors Non-executive directors

board and management Independent directors Non-executive directors

Fulvio joined the Absa Group Limited board as a non-independent non-executive director on 1 July 2020. He became an independent non-executive director on 1 July 2023.

He is the interim Chairman of the Group Credit Risk Committee (GCRC) and the Group Risk and Capital Management Committee (GRCMC) and a member of the Directors’ Affairs Committee (DAC) and Group Audit and Compliance Committee (GACC).

He is also a non-executive director of Absa Bank Kenya Plc. Fulvio was, until the end of June 2019, the Chief Operating Officer at PwC Africa and a member of the firm’s leadership team. In this role, he assisted in the delivery of the firm’s strategic direction and was also responsible for the effective operation of the firm’s risk management, finance, information technology and other internal firm services.

Fulvio retired from PwC in June 2020 having joined PwC in July 1987. Prior to that he completed his articles at Deloitte. Fulvio is an independent non-executive director of the Equites Property Fund Limited, Life Healthcare Group Holdings Limited and The Ethics Institute. He is Chairman of the Independent Regulatory Board for Auditors (IRBA).

Qualifications: B Com (Hons), CA (SA).

Fulvio joined the Absa Group Limited board as a non-independent non-executive director on 1 July 2020. He became an independent non-executive director on 1 July 2023.

He is the interim Chairman of the Group Credit Risk Committee (GCRC) and the Group Risk and Capital Management Committee (GRCMC) and a member of the Directors’ Affairs Committee (DAC) and Group Audit and Compliance Committee (GACC).

He is also a non-executive director of Absa Bank Kenya Plc. Fulvio was, until the end of June 2019, the Chief Operating Officer at PwC Africa and a member of the firm’s leadership team. In this role, he assisted in the delivery of the firm’s strategic direction and was also responsible for the effective operation of the firm’s risk management, finance, information technology and other internal firm services.

Fulvio retired from PwC in June 2020 having joined PwC in July 1987. Prior to that he completed his articles at Deloitte. Fulvio is an independent non-executive director of the Equites Property Fund Limited, Life Healthcare Group Holdings Limited and The Ethics Institute. He is Chairman of the Independent Regulatory Board for Auditors (IRBA).

Qualifications: B Com (Hons), CA (SA).