Absa shakes up its operating model as it eyes growth

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The changes see the bank move from two commercial business units to five

Banking group Absa has announced a shake-up of its operating model and its leadership structure, moving to five business units from two in a bid to improve its competitiveness and growth prospects.

The changes see Absa Group move from two commercial business units — Retail and Business Banking and Corporate and Investment Banking — to five business units. These are: Everyday Banking, Relationship Banking, Product Solutions, CIB Pan-Africa and RBB Absa Regional Operations...

 

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