DAVOS – “From an African perspective, our presence in Davos will be a historic moment for Absa Bank, one of South Africa’s leading financial services groups, since it marks the first year that Absa will attend the World Economic Forum (WEF) annual gathering in Davos as a standalone African bank, and not as a subsidiary of Barclays PLC.
“Davos is an important platform for us as we look to build om Absa’s pedigree as a brand with substantial equity. We will seek to engage and share insights with key stakeholders looking to be part of Africa’s growth journey. Being an African voice, Davos is a significant milestone in our quest as Africans to reshape the fortunes of our continent”, the bank said in a statement.
“We want to tell the world that Africa is open for business, positioning the continent as a competitive investment destination and international player, able to positively influence the global agenda” said Liezel Squier, Absa’s group media relations manager.
The Absa delegation consist of chief executive Maria Ramos, Peter Matlare, head of Africa Business and Wendy Lucas Bull, Absa’s chairperson.
The bank will host President Cyril Ramaphosa and Finance Minister, Tito Mboweni, at the Brand SA (BSA) Breakfast event in Davos on Thursday morning. Reserve Bank Governor, Lesetja Kganyago has been invited as keynote speaker.