Can Kenny Fihla build on Charles Russon’s hard work at Absa? 4v1p1v

29/05/2025

In this episode of Business Day Spotlight, outgoing interim CEO Charles Russon reflects on his...

In this episode of Business Day Spotlight, outgoing interim CEO Charles Russon reflects on his tenure at Absa and the strategic foundations he’s laid for the future. Speaking with Business Day acting editor Tiisetso Motsoeneng, Russon shares why he believes incoming CEO Kenny Fihla is well-positioned to build on this momentum.
Russon discusses Absa’s deliberate pivot from aggressive market share growth to a sharper focus on return-driven performance, disciplined capital allocation, and empowering leadership at all levels. This recalibration, he says, has set the stage for a sustainable turnaround at one of South Africa’s major banks.

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