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Absa non-executive director Alpheus Mangale resigns with immediate effect
BusinessTech reported that Alpheus Mangale left Absa Group's board as an independent non-executive director, effective 8 October, citing personal reasons and future commitments. He has been placed on special leave as CEO of Seacom pending an investigation, MyBroadband reported. DailyDrop found no link made by Absa between the two.
Board changes at a big bank get attention.
No direct effect on customers.
Single source; the timing is a coincidence until a company says otherwise.
DailyDrop South Africa edition No. 6 · Morning · SAT., OCT. 10, 2026