Arrie Rautenbach
Arnold Rautenbach | |
|---|---|
| Born | March 27, 1965 South Africa |
| Occupation | Banking executive |
| Years active | Late 1990s–2024 |
| Known for | CEO of Absa Group Limited (2022–2024) |
Arnold Rautenbach (born 27 March 1965) held the position of chief executive officer (CEO) at Absa Group Limited, a major financial services conglomerate based in Johannesburg, South Africa, operating through subsidiaries across eleven Sub-Saharan Africa nations. Prior to his CEO role, he was in charge of the group's retail and business banking division. He took over from Jason Quinn, who served as interim CEO between April 2021 and March 2022 before returning to his former role as Financial Director of Absa Group. Rautenbach’s leadership as Group CEO lasted from 29 March 2022 until 15 October 2024.
Background and education
A South African by nationality, Rautenbach earned both a Bachelor of Business Administration and a Master of Business Administration from North-West University, Potchefstroom Campus. Additionally, he completed executive management training at INSEAD.
Career
With more than 25 years of experience in the banking industry, Rautenbach joined Absa in the late 1990s through Bankfin. Over his career at Absa, he occupied several senior roles such as managing executive for distribution, managing executive of the Absa Card Division, and chief executive officer of Retail and Business Banking before ascending to the Group CEO position.
Other considerations
During his tenure as CEO, Rautenbach was a member of the boards for both Absa Group Limited and Absa Bank Limited. He followed Daniel Mminele, who stepped down on 20 April 2021. His period in office commenced shortly before Sello Moloko assumed the role of group Chairperson, succeeding Wendy Lucas-Bull following her retirement on 31 March 2022.