African Bank announces major executive shake-up amid extensive restructuring and consolidation

African Bank is undergoing a massive transitional phase marked by sudden top-level executive departures, a sweep of new appointments, and a major strategic consolidation effort that includes sweeping workforce reductions. C-Suite Turnover and New Leadership The bank has lost its top two executives within a turbulent six-month window. Following the abrupt exit of former CEO Kennedy Bungane in March, the group officially appointed Zweli Manyathi as Group CEO at the end of August after he served in