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Absa Group's Overview

Total employees40654
HeadquartersJohannesburg
Founded2018

Absa Group Limited is one of Africa's largest diversified financial services groups. Headquartered in Johannesburg, South Africa, Absa offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management, and insurance. With a strong presence in 12 African countries and an international office in London, Absa is committed to driving Africa's growth and empowering its communities. The group was formed through the amalgamation of several South African banks in 1991 and later became a subsidiary of Barclays PLC before re-establishing itself as an independent African entity in 2018.

Where is Absa Group's Headquarters?

HQ Function

Serves as the central hub for Absa Group's strategic decision-making, corporate governance, group-wide operations management, and coordination of its diverse financial services across Africa.

Notable Features:

The Absa Towers complex is a prominent landmark in the Johannesburg CBD, known for its modern architecture and includes the Absa Gallery, a corporate art gallery. It previously featured one of the largest LED screens in the Southern Hemisphere on one of its towers.

Work Culture:

The HQ fosters a dynamic and collaborative work environment, focused on innovation, customer-centricity, and driving growth across the African continent. Emphasis is placed on diversity, inclusion, professional development, and 'Africanacity' – a term coined by Absa to represent African ingenuity and resilience.

HQ Significance:

The headquarters symbolizes Absa's deep roots in South Africa and its commitment to being a leading African financial institution, driving economic development from its operational core.

Values Reflected in HQ: The headquarters aims to reflect Absa's values of client-centricity, ethical operations, Africanacity, and sustainable development through its design, operations, and community engagement initiatives like the art gallery.

Location:

Absa Group Limited has a significant presence in 12 countries in Africa: Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda, and Zambia. Additionally, Absa has an international office in London and a representative office in New York. Globally, Absa supports a wide range of financial functions including personal and business banking, corporate and investment banking, wealth management, insurance, and asset management, tailored to each specific market while leveraging group-wide expertise and capabilities.

Street Address:

Absa Towers West, 15 Troye Street

City:

Johannesburg

State/Province:

Gauteng

Country:

South Africa

Absa Group's Global Presence

Nairobi, Kenya

Address: Absa Headquarters, Waiyaki Way, Westlands, P.O. Box 30120-00100, Nairobi, Kenya

To drive Absa's growth and market penetration in Kenya and the broader East African region, offering tailored financial solutions to local individuals, businesses, and corporations, and contributing to regional economic development.

London, United Kingdom

Address: Absa Securities UK Limited, 1 Churchill Place, Canary Wharf, London, E14 5HP, United Kingdom

To bridge African markets with global financial centers, support cross-border trade and investment flows, and provide international banking services to corporate and institutional clients.

Accra, Ghana

Address: Absa House, High Street, P.O. Box GP 2949, Accra, Ghana

To strengthen Absa's footprint in West Africa, drive financial inclusion, support local economic growth, and serve as a key banking partner in Ghana.

Buying Intent Signals for Absa Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Absa Group

As of April 2025, Absa Group' leadership includes:

Arrie Rautenbach - Group Chief Executive Officer
Punki Modise - Interim Group Finance Director (Group Chief People Officer)
Deon Raju - Group Chief Risk Officer (Group Finance Director designate, effective 1 July 2024)
Charles Russon - Chief Executive: Absa Corporate and Investment Banking
Faisal Mkhize - Chief Executive: Absa Relationship Banking
Geoffrey Lee - Chief Executive: Absa Product Solutions
Sydney Mbhele - Group Chief Marketing and Corporate Affairs Officer
Johnson Idesoh - Group Chief Information and Technology Officer
Andrew Baker - Group Chief Operations Officer

Investors of Absa Group

Absa Group has been backed by several prominent investors over the years, including:

Public Investment Corporation (PIC) of South Africa
The Vanguard Group, Inc.
Allan Gray Ltd.
Coronation Asset Management (Pty) Ltd.
Other institutional and retail shareholders via the Johannesburg Stock Exchange (JSE)

Executive New Hires/Exits in the Last 12 Months

Hire3
Exits1

Absa Group Limited has experienced key leadership transitions over the past year, including the appointment of a new permanent Group Finance Director and other strategic executive roles filled to bolster its African growth strategy and international presence.

Departures

Jason Quinn, Jason Quinn resigned as Group Finance Director to take up the role of Chief Executive Designate at Nedbank. His last day at Absa was 30 November 2023.

New Appointments:

Punki Modise, Punki Modise was appointed Interim Group Finance Director, in addition to her role as Group Chief People Officer, following Jason Quinn's resignation.
Deon Raju, Deon Raju, then Group Chief Risk Officer, was appointed as the new Group Finance Director, effective from 1 July 2024.
Parin Gokaldas, Parin Gokaldas was appointed as Group Treasurer, bringing extensive experience from his previous role at FirstRand Bank.
Mohamed Cassim, Mohamed Cassim was appointed as Chief Executive for Absa International (excluding Africa operations), effective 1 June 2024.

Technology (Tech Stack) used by Absa Group

Discover the tools Absa Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Absa Group Email Formats and Examples

Absa Group Limited commonly uses the email format [first_name].[last_name]@absa.africa for its corporate communications. While variations might exist for specific roles, departments, or legacy systems (e.g., @absa.co.za for South African operations), the @absa.africa domain is standard for group-level communication.

[first_name].[last_name]@absa.africa

Format

jane.doe@absa.africa

Example

85%

Success rate

News and media

Absa Bank KenyaMay 29, 2024

Absa Bank Kenya PLC Profit After Tax Grows by 34% to KES5.9 Billion in Q1 2024

Absa Bank Kenya PLC reported a 34% increase in profit after tax to KES 5.9 billion for the first quarter of 2024, driven by strong growth in customer assets and an increase in both interest and non-interest income....more

Absa Africa NewsroomMarch 11, 2024

Absa Group earnings grow as diversified franchise delivers resilient performance for 2023

Absa Group Limited announced normalised headline earnings of R20.2 billion for the year ended 31 December 2023, a 1% increase, showcasing resilience amid challenging macroeconomic conditions, particularly in South Africa, while its Africa Regions portfolio performed strongly....more

MoneywebNovember 27, 2023

Absa appoints Deon Raju as new finance chief

Absa Group announced the appointment of its Chief Risk Officer, Deon Raju, as its new group finance director, effective July 1, 2024. This followed the resignation of Jason Quinn, who moved to Nedbank....more

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