PIC wants Absa to have transformation targets that are tied to directors' pay - News24

6/3/2022 12:00:00 AM2 years 11 months ago
by Londiwe Buthelezi
by Londiwe Buthelezi
Absa and the PIC have had "constructive engagements" following a fallout about appointing a white CEO. That said, the PIC wants transformation targets tied to directors' remuneration.
- Absa and the PIC say they had constructive engagements following a fallout about the bank appointing a white CEO.
- The PIC said it will closely monitor Absa's progress and wants transf… [+3720 chars] full article...