ASA / ABSP - ABSA Group Limited / ABSA Bank Limite
JSE ASA ABSP
ABSP AMAGB
ASA / ABSP - ABSA Group Limited / ABSA Bank Limited - Change in directorate:
resignation of Ms Gill Marcus as chairperson
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
(Absa Group, Absa or the Group)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
Issuer code: AMAGB
(Absa Bank)
CHANGE IN DIRECTORATE: RESIGNATION OF MS GILL MARCUS AS CHAIRPERSON
Shareholders are advised that Ms Gill Marcus, Chairperson of Boards of Directors
of Absa Group Limited and Absa Bank Limited, has been appointed as Governor of
the South African Reserve Bank with effect from 9 November 2009.
Ms Marcus will therefore step down as Chairperson of both the Boards with
immediate effect.
Mr. Dave Brink, currently the Deputy Chairperson of Absa will assume the role of
Chairperson of both Boards in the interim. The Absa Board will follow the
necessary governance process to appoint a Chairperson and shareholders will be
advised accordingly of the decision. This appointment will, as per the Articles
of Association of Absa, be confirmed at the Annual General Meeting of
shareholders in 2010.
Ms Maria Ramos, Group CE, for Absa said "Gill has provided significant
leadership to the Group in her role as Chairperson. She will be sorely missed
for her guidance and wisdom and I wish her well in her new role."
The Board of Absa wish to thank Ms Marcus for her inspirational leadership and
support during her tenure at Absa.
Johannesburg
20 July 2009
Sponsor:
JP Morgan Equities Limited
Enquiries: Investors and analysts
Nerina Bodasing
Head: Investor Relations
(+2711) 350-2598
(+2782) 940-7505
E-mail: Nerina.Bodasing@absa.co.za
Enquiries: Media
Happy Ntshingila
Group Executive: Group Marketing, Communications & Public Affairs
(+2711) 350-6449
(+2782) 994-0035
E-mail: happynt@absa.co.za
Date: 20/07/2009 07:07:03 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SE
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
