[ad_1]
Absa’s financial director Jason Quinn has quit with immediate effect.
Nedbank’s new CEO is Jason Quinn, 49, currently the financial director of Absa.
Quinn will assume the role of CEO following Mike Brown’s retirement in May next year. He resigned from his position at Absa with immediate effect on Wednesday afternoon.
Quinn has been Absa’s financial director since 2016, and was also its interim CEO for almost a year following the shock resignation of Daniel Mminele in April 2021. Mminele has since been appointed as Nedbank’s chair.
Arrie Rautenbach took over as Absa CEO in March 2022.
Prior to joining Absa in 2008, Quinn was a partner at Ernst & Young from 2005.
“The board is delighted to have secured the services of an experienced leader of the calibre of Jason with a proven track record in banking in South Africa and other parts of the African continent to build upon Mike’s legacy,” Mminele said in a statement.
“The boards thank Jason for his very significant contribution to Absa since 2008 and wish him well in his future endeavours,” Absa said.
Chris Snyman will become Absa’s interim financial with immediate effect, subject to regulatory approval. Snyman joined Absa in 2008 and is Head of Financial Decision Support, a role he has held for the last 10 years.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
[ad_2]
Source link