The Absa Group has announced the passing of its Executive Director and Deputy Group Chief Executive Peter Matlare on Sunday.
According to the Bank, he died from Covid-19-related complications.
Mr Matlare joined the Absa Group Limited board as an independent Non-Executive Director in 2011.
In August 2016, he was appointed Group Deputy CEO as well as Chief Executive responsible for Absa Regional Operations covering the Bank's presence on the continent outside of South Africa.
“He played a key role in overseeing our regional operations and safely leading our banks through the major Separation from Barclays and rebrand to Absa,” Wendy Lucas-Bull, Absa Group Limited Chairman said.
Peter Matlare according to the Bank made a significant contribution to the Group, and with his passing, it said, "Absa has lost a dedicated leader, a visionary and an amazing human being."
"More recently, Mr Matlare’s leadership was critical in ensuring that the separation from Barclays, a complex multi-year project which also included the largest single data and systems migration in Africa, was successful across Absa’s operations on the continent," the Bank said.
“Peter was a seasoned corporate executive, a good leader, inspirational, and passionate about his work, always strongly invested in the success of our continent.
"I will miss his friendship, collegiality, guidance and wise counsel,” said Daniel Mminele, Absa Group Chief Executive.
Latest Stories
-
Paris 2024: Opening ceremony showcases grandiose celebration of French culture and diversity
3 hours -
How decline of Indian vultures led to 500,000 human deaths
4 hours -
Paris 2024: Ghana rocks ‘fabulous fugu’ at olympics opening ceremony
4 hours -
Trust Hospital faces financial strain with rising debt levels – Auditor-General’s report
5 hours -
Electrochem lease: Allocate portions of land to Songor people – Resident demand
5 hours -
82 widows receive financial aid from Chayil Foundation
5 hours -
The silent struggles: Female journalists grapple with Ghana’s high cost of living
5 hours -
BoG yet to make any payment to Service Ghana Auto Group
5 hours -
‘Crushed Young’: The Multimedia Group, JL Properties surprise accident victim’s family with fully-furnished apartment
6 hours -
Asante Kotoko needs structure that would outlive any administration – Opoku Nti
6 hours -
JoyNews exposé on Customs officials demanding bribes airs on July 29
7 hours -
JoyNews Impact Maker Awardee ships first consignment of honey from Kwahu Afram Plains
8 hours -
Joint committee under fire over report on salt mining lease granted Electrochem
8 hours -
Life Lounge with Edem Knight-Tay: Don’t be beaten the third time
8 hours -
Pro-NPP group launched to help ‘Break the 8’
8 hours