JOHANNESBURG – The Black Management Forum (BMF) on Tuesday demanded that Absa Bank replace the outgoing chief executive Maria Ramos with a black executive.
This comes after Absa announced that Ramos will retire at the end of February when she turns 60. Absa said its board had appointed René van Wyk, a non-executive director since February 2017, as interim chief executive with effect from March 1.
Andile Nomlala, BMF president, said that Absa's executive and management team should reflect the necessary diversity and demographics of the environment in which it operates by appointing a black chief executive.
Nomlala was speaking during a ministerial panel discussion at the inaugural Business Economic Indaba hosted by Business Unity South Africa.
"A clear demand from the BMF is that that replacement must be a black South African. It's not at the exclusion of not having a white chief executive, but we demand that as we move towards a transformed society, a gender sensitive society and an inclusive society, it must be reflective of South African demographics," Nomlala said.