Absa Group Limited has announced the appointment of Kenny Fihla as its new Group CEO, effective 17 June 2025, subject to regulatory approval. Fihla, a financial services executive with nearly 20 years of experience, will succeed Interim CEO Charles Russon.
Absa Board Chairman Sello Moloko expressed confidence in Fihla’s leadership, noting his strong Pan-African banking experience and proven track record. Moloko also thanked Russon for his leadership during the past six months.
Fihla, who previously held executive roles at Standard Bank Group, is excited to lead Absa and work with its teams to drive growth and success across Africa.
Fihla’s career includes significant roles at Standard Bank, where he served as CEO of Corporate and Investment Banking (CIB) before becoming Deputy CEO of Standard Bank Group in 2024.
