The Absa Group Executive Committee oversees the execution of the strategy for the Group which includes Absa Bank.
Akash Singh (48)
Akash Singh was appointed as the Group Chief Compliance Officer with effect from November 2019.
Prior to this role, he was the Chief Compliance Officer of Retail and Business Bank SA. Akash was the Head of Operational Risk: Africa for Barclays Africa Group with oversight across 14 countries. He has also held various Internal Audit roles within the Absa Group. Before joining Absa, Akash was with Nedcor Limited in the Finance function.
He has extensive knowledge and experience in strategic and technical management of operational risk, as well as regulatory and compliance risk management.
Qualifications: BCom (Hons); CA SA
Arrie Rautenbach (55)
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
Bongiwe Gangeni (42)
Bongiwe Gangeni is the Deputy Chief Executive: Retail and Business Banking South Africa 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 (54)
Charles is the chief executive: Corporate and Investment Banking. He was previously 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.
Qualifications: CA (SA)
Charles Wheeler (56)
Group General Counsel
Charles joined the Group and the Executive Committee in 2013. He previously 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)
Deon Raju (43)
Group Chief Risk Officer
Deon Raju was appointed as Absa’s Group Chief Risk Officer with effect from 1 June 2021 and is a member of the Executive Committee.
Deon has been with Absa for over 20 years of his 22 years in banking. Most recently, Deon was the Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. Deon has held a variety of roles within the organisation, including within Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets, and is a seasoned banking professional with deep institutional knowledge of the Group, as well extensive and diversified banking experience in business, finance and risk management.
Qualifications: B.Com (Hons); CA (SA); CFA.
Jason Quinn (46)
Interim Group Chief Executive
Jason was appointed as interim Group Chief Executive Officer with effect from 20 April 2021. Jason joined the board and executive committee in September 2016. He is the chairman of the Models Committee (MC) and a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC), Social and Ethics Committee (SEC) and Information Technology Committee (ITC). He is an executive director of the Absa Bank Limited Board.
Before joining Absa 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 was appointed as Group Financial Director in September 2016.
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).
Prabashni Naidoo (45)
Ex Officio Member
Group Chief Audit Executive
Prabashni was appointed Group Chief Audit Executive effective from 4 January 2021 and is an ex officio member of the Executive Committee.
Prabashni is a seasoned Audit practitioner, with extensive experience in the banking industry. In her most recent role, she served as the Group Chief Internal Auditor at Nedbank Group, prior to which, she spent 15 years at Standard Bank in various senior roles.
Prabashni’s responsibilities include leading the teams implementing the Group Audit programme, while providing strategic leadership and counsel to both the Exco and the Board on internal and external audit matters. She also works closely with the Group Compliance and Risk functions in dispensing of her duties as Group Chief Audit Executive.
Qualifications: B.luris; Post-Graduate studies in Banking; Executive Programme Certifications in Risk Management, and Digital Business Transformation.
Punki Modise (51)
Interim Group Financial Director
Punki was appointed as interim Group Financial Director with effect from 23 April 2021, and is an executive director on the boards of Absa Group and Absa Bank. She is a member of the Group Risk and Capital Management Committee (GRCMC), Group Credit Risk Committee (GCRC), Information Technology Committee (ITC) and Models Committee (MC). She is an executive director of the Absa Bank Limited Board.
Punki joined Absa Group in 2008 and has held various senior management positions, including that of Chief Financial Officer: Retail and Business Banking since June 2016. Previous roles include Head: Transactional Banking, Chief of Staff: Retail Banking and Chief Financial Officer: Distribution Channels. Prior to joining Absa Group, she held positions at Standard Bank and Fedsure, having completed her articles at PricewaterhouseCoopers Inc.
Qualifications: B.Com; CA(SA); Masters in Financial Management