Commenting on ABSA’s search for a replacement CEO, Mergence Co-Portfolio Manager, Radebe Sipamla, said that while appointing the current acting CEO into the role on a permanent basis makes sense, it would be important for him to actively to groom potential successors with transformation a key focal point in succession planning.

Mergence strengthens succession bench with internal promotions
Citywire South Africa featured Mergence Investment Managers’ internal leadership appointments aimed at strengthening succession planning and driving long-term growth. The