Absa Group
Absa Plans $636-Million Black Empowerment Deal for Staff & Investors
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Absa Group Appoints New Chief Risk Officer
Absa has appointed Deon Raju as the new Group Chief Risk Officer – effective 1 June 2021. Raju is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. He has been with Absa for more than 20 years, having held roles including in Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets. He 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. Raju is a Chartered Accountant and a Chartered Financial Analyst. He holds a BCom (Honours) from the University of Natal and is currently completing an MSc in Finance at the University of Michigan (Dearborn). “De...
Absa Partners with AWS to Launch Cloud Computing Skills Incubator
Image sourced from Wikiwand Absa has launched a cloud incubator initiative in collaboration with Amazon Web Services (AWS) to enhance its cloud computing skills across its operations in Africa. This move is part of Absa’s broader efforts to promote learning, experimentation and innovation across the organisation to enhance the banking experience for its customers. By migrating to the cloud, companies can eliminate the expense of building and managing on-site data centres while gaining the ability to reduce infrastructure costs and scale up and down rather than paying for excess on-premises capacity. “Cloud is rapidly becoming the norm for large companies, a trend that was accelerated by the COVID-19 pandemic, which prompted a step-change in digital solutions,” says Andrew Baker, Absa ...
