Absa Group Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Arrie Rautenbach
Chief executive officer
R44.8m
Total compensation
| CEO salary percentage | 19.4% |
| CEO tenure | 2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | R21b |
| Mar 31 2023 | n/a | n/a | R21b |
| Dec 31 2022 | R45m | R9m | R21b |
| Sep 30 2022 | n/a | n/a | R20b |
| Jun 30 2022 | n/a | n/a | R20b |
| Mar 31 2022 | n/a | n/a | R19b |
| Dec 31 2021 | R39m | R6m | R18b |
| Sep 30 2021 | n/a | n/a | R16b |
| Jun 30 2021 | n/a | n/a | R14b |
| Mar 31 2021 | n/a | n/a | R10b |
| Dec 31 2020 | R22m | R6m | R6b |
| Sep 30 2020 | n/a | n/a | R6b |
| Jun 30 2020 | n/a | n/a | R7b |
| Mar 31 2020 | n/a | n/a | R11b |
| Dec 31 2019 | R30m | R6m | R14b |
| Sep 30 2019 | n/a | n/a | R14b |
| Jun 30 2019 | n/a | n/a | R14b |
| Mar 31 2019 | n/a | n/a | R14b |
| Dec 31 2018 | R27m | R4m | R14b |
Compensation vs Market: Arrie's total compensation ($USD2.39M) is below average for companies of similar size in the US market ($USD7.63M).
Compensation vs Earnings: Arrie's compensation has been consistent with company performance over the past year.
CEO
Arrie Rautenbach (57 yo)
2yrs
Tenure
R44,775,084
Compensation
Mr. Arrie Rautenbach, BBA, AMP, MBA. serves as Group Chief Executive Officer & Executive Director at Absa Bank Limited since March 29, 2022 and served as its Chief Executive of Retail & Business Banking -...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 2yrs | R44.78m | 0.025% ZAR 1.9m | |
| Chief Executive of Corporate & Investment Banking | 5.3yrs | R31.23m | 0.011% ZAR 896.1k | |
| Chief Executive of Everyday Banking | 1.7yrs | R20.96m | 0.0031% ZAR 241.8k | |
| Chief Executive of Relationship Banking | no data | R20.92m | 0.0016% ZAR 121.7k | |
| Chief Executive of Product Solutions Cluster | 1.7yrs | R21.03m | 0.00039% ZAR 30.4k | |
| Group Chief Strategy & Sustainability Officer | 1.7yrs | R17.67m | no data | |
| Chief Executive of Absa Regional Operations | 1.7yrs | R19.96m | no data | |
| Interim Group Financial Director & Executive Director | less than a year | no data | no data | |
| Group Chief Information & Technology Officer | 1.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Chief Compliance Officer | 4.3yrs | no data | no data | |
| Group Chief Brand | 1.2yrs | no data | no data |
1.7yrs
Average Tenure
51.5yo
Average Age
Experienced Management: AGRP.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 2yrs | R44.78m | 0.025% ZAR 1.9m | |
| Interim Group Financial Director & Executive Director | less than a year | no data | no data | |
| Ex Officio Member & Group Chief Audit Executive | 2.9yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | R1.38m | no data | |
| Lead Independent Director | 3.4yrs | R1.63m | no data | |
| Independent Non-Executive Group Chairman | 2.3yrs | R5.61m | no data | |
| Independent Non-Executive Director | 4.5yrs | R2.74m | no data | |
| Independent Non-Executive Director | 3.6yrs | R2.73m | no data | |
| Independent Non-Executive Director | 7.8yrs | R2.88m | no data | |
| Independent Non-Executive Director | 6.1yrs | R3.43m | no data | |
| Independent Non-Executive Director | 4.5yrs | R1.30m | no data | |
| Independent Non-Executive Director | 4.4yrs | R1.30m | no data |
3.5yrs
Average Tenure
60yo
Average Age
Experienced Board: AGRP.F's board of directors are considered experienced (3.5 years average tenure).