Mangale steps down from Absa board
Alpheus Mangale resigns from Absa’s board, citing personal reasons, amid an investigation at Seacom, where he is CEO.
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Alpheus Mangale resigns from Absa’s board, citing personal reasons, amid an investigation at Seacom, where he is CEO.
Group CEO Alpheus Mangale is on special leave pending an investigation, with CFO Charl Slabbert serving as interim CEO.
The resignation came a day after TechCentral reported that Seacom had placed Mangale on special leave.
Alpheus Mangale has resigned as an independent non-executive director of Absa, effective immediately.
Seacom's board has placed CEO Alpheus Mangale on special leave while an independent investigator probes allegations.