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Absa’s Deputy CEO dies due to Covid-19

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Absa Group has announced the demise of its Executive Director and Deputy Group Chief Executive, Peter Matlare. In a statement released on Monday, the group stated that Matlare died due to COVID-19-related complications on Sunday. He had joined the Absa Group Limited board as an independent Non- Executive Director in 2011.

In 2016, he was appointed Group Deputy CEO, and responsible for Absa Regional Operations, covering its presence on the continent outside of South Africa. He reportedly played a key role in overseeing its regional operations and “safely leading the major separation from Barclays and rebrand to Absa.”

“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.

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