Absa Group Limited

JSE:ABG Stock Report

Mkt Cap: R168.3b

Absa Group Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure

CEO

Arrie Rautenbach (56 yo)

0.83yr

Tenure

R34,266,955

Compensation

Mr. Arrie Rautenbach, BBA, AMP, MBA. serves as Group Chief Executive Officer & Executive Director at Absa Bank Limited since March 2022 and served as its Chief Executive of Retail & Business Banking - Sout...

CEO Compensation Analysis

How has Arrie Rautenbach's remuneration changed compared to Absa Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

R20b

Mar 31 2022n/an/a

R19b

Dec 31 2021R34mR6m

R18b

Sep 30 2021n/an/a

R16b

Jun 30 2021n/an/a

R14b

Mar 31 2021n/an/a

R10b

Dec 31 2020R22mR6m

R6b

Sep 30 2020n/an/a

R6b

Jun 30 2020n/an/a

R7b

Mar 31 2020n/an/a

R11b

Dec 31 2019R30mR6m

R14b

Sep 30 2019n/an/a

R14b

Jun 30 2019n/an/a

R14b

Mar 31 2019n/an/a

R14b

Dec 31 2018R27mR4m

R14b

Compensation vs Market: Arrie's total compensation ($USD1.99M) is about average for companies of similar size in the ZA market ($USD2.68M).

Compensation vs Earnings: Arrie's compensation has increased by more than 20% in the past year.

Leadership Team

NamePositionTenureCompensationOwnership
Arrie Rautenbach
Group CEO & Executive Director0.83yrR34.27m0.023%
ZAR 38.2m
Jason Quinn
Group Financial Director0.83yrR35.51m0.0088%
ZAR 14.7m
Charles Russon
Chief Executive of Corporate & Investment Banking4.17yrsR28.51m0.016%
ZAR 26.4m
Punki Modise
Group Chief Strategy & Sustainability Officer0.50yrR23.21m0.0030%
ZAR 5.0m
Wilhelm Krige
Interim Group Chief Information & Technology Officer1.58yrsno datano data
Alan Hartdegen
Head of Investor Relationsno datano datano data
Akash Singh
Group Chief Compliance Officer3.17yrsno datano data
Thabo Mashaba
Interim Group Chief People Officer0.67yrno datano data
Cowyk Fox
Chief Executive of Everyday Banking0.50yrno datano data
Faisal Mkhize
Chief Executive of Relationship Bankingno datano datano data
Geoffrey Lee
Chief Executive of Product Solutions Cluster0.50yrno datano data
Morne Visagie
Head of Structured Finance & Aircraft Funding Businesses5yrsno datano data

0.8yrs

Average Tenure

52yo

Average Age

Experienced Management: ABG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Arrie Rautenbach
Group CEO & Executive Director0.83yrR34.27m0.023%
ZAR 38.2m
Jason Quinn
Group Financial Director6.33yrsR35.51m0.0088%
ZAR 14.7m
Prabashni Naidoo
Ex Officio Member & Group Chief Audit Executive1.75yrsno datano data
Alex Darko
Independent Non-Executive Director8.25yrsR2.26mno data
Nonhlanhla Mjoli-Mncube
Lead Independent Director2.25yrsR1.37mno data
Matthews Moloko
Independent Non-Executive Group Chairman1.08yrsR126.97kno data
Francis Okomo-Okello
Independent Non-Executive Director8.25yrsR1.97mno data
Rose Keanly
Independent Non-Executive Director3.33yrsR2.36mno data
Rene van Wyk
Independent Non-Executive Director2.42yrsR1.82mno data
Dhanasagree Naidoo
Independent Non-Executive Director6.67yrsR2.55mno data
Tasneem Abdool-Samad
Independent Non-Executive Director4.92yrsR3.50mno data
Swithin Munyantwali
Independent Non-Executive Director3.33yrsR1.44mno data

3.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: ABG's board of directors are considered experienced (3.3 years average tenure).