René van Wyk
René van Wyk | |
|---|---|
| Alma mater | University of Johannesburg University of South Africa INSEAD |
| Occupation | Chartered accountant • Banker • Corporate Director |
| Years active | 1993–present |
| Employer(s) | ABSA Group Limited ABSA Bank Limited |
| Board member of | Absa Group Absa Bank Motus Holdings[1] |
René van Wyk is a South African chartered accountant and banker. He was appointed independent non-executive chairperson of Absa Group Limited and Absa Bank Limited in July 2025. He previously served as the Registrar of Banks at the South African Reserve Bank and as interim Group Chief Executive Officer of Absa in 2019.[2][3]
Education
Van Wyk holds a Bachelor of Commerce degree from the University of Johannesburg and a Bachelor of Accounting Science (Honours) from the University of South Africa.[4] He completed an Advanced Management Programme at INSEAD.[5] He is also a registered Chartered Accountant (South Africa).[6]
Career
Early career
Van Wyk worked at KPMG as a partner in the financial services group in his early years. He later joined the Nedbank Group from 1993 to 2011, holding various positions including Executive Director responsible for risk at Nedcor Investment Bank, and Chief Executive Officer of Imperial Bank, a subsidiary of Nedbank.[7]
South African Reserve Bank
Van Wyk was Registrar of Banks and Head of Banking Supervision at the South African Reserve Bank until his retirement in May 2016.[8][9][10][7]
Absa Group and board roles
- Van Wyk first joined the Absa Group Board as an independent non-executive director on 1 February 2017.[11]
- He served as an interim Group Chief Executive of the company from 1 March 2019 to 14 January 2020, following the departure of Maria Ramos.[12]
- After a short break, he re-joined the board, again, as a non-executive director from 1 August 2020, and became an independent non-executive director from 1 August 2021.[13][4]
- He was appointed as independent non-executive director of Absa Bank Limited on 1 February 2022.[14]
- On 15 July 2025, Van Wyk was appointed Chairman of Absa Group and Absa Bank.[15][3][16][17][18]
References
- ^ "Non-executive—Motus | Southern Africa's Leading and Largest Automotive Group". Retrieved 19 September 2025.
- ^ "Moloko bids farewell to Absa boardroom". Moneyweb. 7 May 2025. Retrieved 19 September 2025.
- ^ a b West, Edward (7 May 2025). "Absa Group chairman Sello Moloko to step down, René van Wyk appointed as successor". IOL. Retrieved 19 September 2025.
- ^ a b Illidge, Myles (7 May 2025). "Absa appoints new chairman". Retrieved 19 September 2025.
- ^ Ranjan, Aayushya (7 May 2025). "Absa Group Names René van Wyk as New Chairman, Succeeding Sello Moloko". TechAfrica News. Retrieved 19 September 2025.
- ^ Steyn, Gabriella (29 January 2019). "PROFILE: Who is Absa's new boss, René van Wyk?". IOL Business Report. Retrieved 19 September 2025.
- ^ a b Theunissen, Garth (7 May 2025). "Absa names former registrar of banks as chair". News24. Retrieved 19 September 2025.
- ^ "Appointment of Registrar and Deputy Registrars" (PDF). Retrieved 19 September 2025.
- ^ "Reserve Bank announces appointment of Registrar and Deputy Registrars of Banks | South African Government". www.gov.za. 25 May 2016. Retrieved 19 September 2025.
- ^ Laing, Robert (29 Jan 2019). "Maria Ramos retires as Absa CEO". Mozambique. Retrieved 19 September 2025.
- ^ "Absa CEO Maria Ramos to retire". 29 Jan 2019. Retrieved 19 September 2025.
- ^ "Who Is René van Wyk? Meet the Man Succeeding Sello Moloko". CCE l ONLINE NEWS. 11 May 2025. Retrieved 19 September 2025.
- ^ Khumalo, Kabelo (7 May 2025). "Absa's unrelenting leadership merry-go-round as Sello Moloko quits". BusinessLIVE. Retrieved 19 September 2025.
- ^ Buthelezi, Londiwe (10 November 2021). "More board changes at Absa". News24. Retrieved 19 September 2025.
- ^ "Sello Moloko Resigns as Chairman of Absa - Who Will Take His Place?". Fast Company. 8 May 2025. Retrieved 19 September 2025.
- ^ Waweru, Michelle (7 May 2025). "René van Wyk succeeds Sello Moloko as Absa Group chairman". MAfrica Business Communities. Retrieved 19 September 2025.
- ^ Dludla, Nqobile; Paul, Sonali (7 May 2025). "South Africa's Absa Group Chair Sello Moloko to step down in July". Reuters. Retrieved 19 September 2025.
- ^ Changole, Adelaide (7 May 2025). "Absa Names Ex-South African Central Banker Van Wyk as Chairman". Retrieved 19 September 2025.