Absa Group Limited (ABG.JO) JNB
Currency In ZAc
- General
- Statistics
- Historical Data
- Profile
- Financials
Absa Group Limited
Address
Absa Towers West
Johannesburg, GT 2001
South Africa
Phone
27 11 350 4000
Website
Sector
Financial Services
Industry
Banks - Regional
Employees
36779
First IPO Date
January 04, 2000
Key Executives
| Name | Title | Pay | Year Born |
| Mike Harvey | Co-Chief Executive Officer-CIB | 18.32M | N/A |
| Andile Kenneth Livuyo Fihla | Chief Executive Officer & Executive Director | 29.59M | 1967 |
| Faisal Mkhize | Chief Executive of Business Banking | 9.18M | 1974 |
| Deon Raju | Group Financial Director & Executive Director | 18.61M | 1978 |
| Charles Russon | Executive Director & Group Executive of Africa Regions | 23.33M | 1966 |
| John Annandale | Head of Financial Control | 0 | N/A |
| Alan Hartdegen | Head of Investor Relations | 0 | N/A |
| Johnson Idesoh | Group Chief Information & Technology Officer | 0 | 1971 |
| Sydney Mbhele | Group Chief Brand, Marketing & Corporate Affairs Officer | 0 | 1974 |
| Fatima Newman | Chief Compliance Officer | 0 | N/A |
| Jeanett Modise | Group Chief Human Capital Officer | 0 | 1963 |
Description
Absa Group Limited, a financial services institution based in Johannesburg, South Africa, delivers an extensive array of banking and financial solutions to clients both within the country and across international regions. Its operations are structured across three primary divisions: Retail and Business Banking; Corporate and Investment Banking; and Head Office, Treasury, and Other Operations. The group offers a comprehensive suite of services encompassing retail, business, corporate, and investment banking, alongside insurance, financial planning, and wealth management. For individuals, enterprises, and commercial customers, Absa provides a variety of retail and business banking products. These include residential property financing, vehicle and asset finance, credit cards, personal loans, relationship banking services, short-term insurance, transactional banking, savings, and investment accounts, along with a rewards program. Additionally, it extends commercial property finance and term loans. Within its corporate and investment banking segment, the company offers specialized investment banking services, manages private equity and infrastructure investments, delivers core corporate banking products, and provides wealth management. The group's insurance offerings cover life (including death, disability, retrenchment), funeral, and life-wrapped investment products. Its investment solutions feature asset management, multi-management, unit trusts, and various other investment vehicles. Furthermore, Absa provides treasury services and expert wealth and financial advisory. The company also facilitates market services, offers trade and working capital solutions, and manages cash, payments, and liquidity. Its capabilities extend to broker-dealer trading in debt and equity securities, as well as the solicitation, syndication, sale, and arrangement of equity and debt products. Complementary services include financial, leasing, and management solutions. Founded in 1986, the entity was previously known as Barclays Africa Group Limited before adopting its current name, Absa Group Limited, in May 2018.
