Sello Moloko
Matthews Sello Moloko | |
|---|---|
| Born | July 6, 1965 Soweto, South Africa |
| Occupation(s) | Corporate leader, banker, entrepreneur |
| Known for | Group chairman of Absa Group; chairman of Absa Bank Limited; chairman of Telkom |
Matthews Sello Moloko (born 6 July 1965) is a prominent South African corporate leader, banker, and entrepreneur currently holding the position of group chairman at Absa Group, a leading pan-African financial services conglomerate operating subsidiaries in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. Additionally, he serves as chairman of Absa Bank Limited, the group's principal South African entity. Moloko commenced his role at Absa on 1 April 2022. Since March 2019, he has also been the chairman of Telkom, a major telecommunications company in South Africa.
Background
Born in Soweto, South Africa, on 6 July 1965, Sello earned a Bachelor of Science degree in Mathematics and a Postgraduate Certificate in Education from the University of Leicester in the United Kingdom. He further enhanced his executive skills by completing an Advanced Management Program at the Wharton School of the University of Pennsylvania in the United States.
Career
In October 2021, Sello was appointed as a non-executive director of Absa Group, with his tenure beginning on 1 December 2021. He assumed the role of chairman-designate for both Absa Group Limited and Absa Bank Limited starting 1 April 2022, succeeding Wendy Lucas-Bull who retired after serving nine years as chairperson.
As co-founder and Executive Chairman of Thesele Group, a Black-owned diversified investment firm, Moloko brings over three decades of business leadership experience. His previous executive roles include CEO of Old Mutual Asset Managers and chairing boards at Alexander Forbes Group Holdings, Sibanye-Stillwater, and General Reinsurance Africa. He is currently a board member for M&G Investments and DG Capital, and formerly held the position of deputy CEO at Capital Alliance Asset Managers.
Beyond corporate roles, Sello contributes as a Trustee to the University of Cape Town Foundation and has served as president of the national body Association of Black Securities and Investment Professionals (ABSIP).