Johannesburg - Garth Griffin, chairperson of the Absa Group
[JSE:ASA] and Absa Bank boards, has announced his intention to retire once a
successor is appointed.
Griffin will be available for re-election as a director at
the Absa Group annual general meeting on May 3 and, if re-elected, will
continue to serve as chairperson until such time as a successor is appointed.
Griffin has served on the Absa Group and Absa Bank boards
since 2001, and took up the position of chairperson of these boards on October 1
On behalf of all members of the board, Absa
Group CEO Maria Ramos said: "Garth has brought strong leadership and
years of experience in the financial sector to the Absa boards.
contribution to our business over the past 11 years has been invaluable and we
are grateful that he has offered to remain in his role as chairman until we
have appointed a successor."