MERGENCE

Company in South Africa

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Mergence Investment Managers is an independent asset management firm founded in 2004 offering public and private market investments.
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Absa CEO Arrie Rautenbach steps down as the group’s valuation continues to lag that of its peers

South Africa

August 20, 2024

Commenting on Absa’s results and the surprise announcement of CEO Arrie Rautenbach stepping down, Mergence Senior Analyst Radebe Sipamla said that governance issues may have played a part.
Absa may be trailing its peers on account of a softer performance from its retail business, which had been broken up into various units and thus had […]

Profile last updated on September 8th, 2024