News Formal

Nedbank CEO denies revenge motive in hiring Absa finance director

  • 📰 News24
  • ⏱ Reading Time:
  • 32 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 75%
  • Publisher: 80%

Business Nyheter

Mike Brown,Nedbank,CEO

Mike Brown, the outgoing CEO of Nedbank, denies that the hiring of Absa finance director Jason Quinn as his replacement was orchestrated as revenge against Absa.

Mike Brown, Nedbank's outgoing CEO, says the hiring of Absa finance director Jason Quinn as his replacement was not orchestrated by chair Daniel Mminele as revenge against his former employer.

"It's absolutely not Daniel getting back at Absa in any way," Brown told News24 ahead of his pending retirement at the end of May after more than 30 years' service., less than 16 months into the role, over differences with its board on strategy. This resulted in Absa copping harsh criticism in some quarters over its commitment to transformation, including from the Public Investment Corporation and the Association of Black Securities and Investment Professionals .

This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Absa shares slide 5% as weaker SA market hits profitsCredit impairments increased 13% to R15.5 billion, with the bank reporting higher impairments in its SA business.
Källa: Moneyweb - 🏆 5. / 77 Läs mer »