ASA/ABSP - Absa Group/Absa Bank - Appointment of C
JSE ABSP ASA
ABSP AMAGB
ASA/ABSP - Absa Group/Absa Bank - Appointment of Colin Beggs as independent non-
executive director of Absa
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
Issuer code: AMAGB
(Absa Group or Absa)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
(Absa Bank)
APPOINTMENT OF COLIN BEGGS AS INDEPENDENT NON-EXECUTIVE DIRECTOR OF ABSA
Absa Group is pleased to announce the appointment of Mr Colin Beggs as an
independent non-executive director on the boards of Absa Group and Absa Bank,
with effect from 23 June 2010.
Mr Beggs holds a BCom (Hons) from the Nelson Mandela University in Port
Elizabeth and qualified as a chartered accountant in 1971. He is the former
senior partner and Chief Executive Officer of PricewaterhouseCoopers (PwC) in
Southern Africa (encompassing South Africa and six other countries), and retired
from this position in June 2009. Throughout his career, he served on several
boards and councils of PwC`s global firm. He was also the chairman of the SAICA
board in 2002/3 and is a member of the Accounting Practices Board.
Mr Beggs is a current member of the boards of Sasol Limited and of three
companies in the Discovery Holdings Limited group.
"I am delighted to welcome Colin, with his extensive knowledge and expertise in
the auditing environment, to the Absa board and the Group Audit and Compliance
Committee in particular." said Absa Group Chairman David Brink.
Johannesburg
18 June 2010
Enquiries:
David Hodnett - Group Finance Director
Tel: 011 350 2623
Sponsor:
J.P. Morgan Equities Limited
Date: 18/06/2010 12:00:01 Produced by the JSE SENS Department.
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