Absa Group Limited Announces Resignation of Swithin Munyantwali as Independent Non-Executive Director and Member of Social, Sustainability and Ethics Committee, Group Audit and Compliance Committee and Group Credit Risk Committee

Absa Group Limited announced that Swithin Munyantwali has resigned from his position as Independent Non-Executive Director of the Absa Group with immediate effect. He will join the Group in the capacity of a senior advisor going forward. In this new capacity, Swithin will help the Group advance in its ambitions into the African continent and other international offices such as the US, and the UK.

Swithin will, accordingly, also step off the Social, Sustainability and Ethics Committee (SSEC), Group Audit and Compliance Committee (GACC) and Group Credit Risk Committee (GCRC).