Absa Group appoints Kenny Fihla as Group Chief Executive Officer

Absa Group Limited has appointed Kenny Fihla as its new Group Chief Executive Officer, effective June 17, 2025, pending regulatory approval.

Fihla, a seasoned financial executive with nearly 20 years of leadership experience in banking, will succeed interim GCEO Charles Russon. Absa Board Chairman Sello Moloko expressed confidence in Fihla’s ability to drive the bank’s growth, citing his extensive Pan-African banking experience and leadership expertise.

Fihla previously served in top executive roles at Standard Bank Group, including CEO of Corporate and Investment Banking (CIB) and Deputy CEO of Standard Bank Group. He has played a key role in financial services across Africa.

Absa Group, one of Africa’s largest financial institutions, operates in multiple countries, offering banking, investment, and insurance services.