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Seedat takes over Islamic banking unit

Absa has been appointed Afzal Seedat to run its Islamic banking unit with effect from January.
Seedat is currently head and executive director of Absa Trust Limited.

Arrie Rautenbach‚ head of Absa Retail Markets‚ said Seedat's appointment was in line with Absa's approach to the development and promotion of internal talent.

"In order for us to effectively execute on our retail market priorities‚ we need to have strong leadership that has the necessary skills to successfully implement our strategy and achieve business objectives‚" Rautenbach said.
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