Pityana fired from Absa board

Absa has fired Sipho Pityana as a board director for both the Absa Group and Absa Bank. That's with immediate effect. Absa says Pityana neglected or was derelict in the performance of his duties. eNCA speaks to him for more. Courtesy #DStv403

JOHANNESBURG - A statement confirms that Sipho Pityana has been fired as a director of Absa’s board.

The bank claims that he neglected his duties.

READ: Pityana removed from key Absa board positions

Pityana, meanwhile, is reportedly taking the Reserve Bank’s Prudential Authority to court.

He alleges the authority blocked his appointment as Absa chair.


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