Wendy Lucas-Bull

Wendy Lucas-Bull
Born (1953-09-11) 11 September 1953
CitizenshipSouth African
Alma materUniversity of the Witwatersrand
(Bachelor of Science)
OccupationsBusinesswoman and banker
Years active1974 (1974)
TitleChairperson of Shoprite Holdings
Term2020 (2020)
PredecessorNone

Wendy Elizabeth Lucas-Bull (née Adair; born 11 September 1953) is a South African businesswoman, banker and corporate executive, who has served as a senior executive for numerous large South African companies, including holding the position of Chairperson of major South African financial services group Absa until 2022.[1][2]

Among the other positions she has held are CEO of FirstRand Retail, Executive Director of Rand Merchant Bank Holdings, and serving as an international partner at Andersen Consulting. She has also served in non-executive directorships at companies including Barclays, Nedbank, Anglo American Platinum, Lafarge, Telkom, Eskom, Discovery, and the Development Bank of Southern Africa.[3]

She is currently Chairperson of South Africa's largest retail company by revenue, Shoprite Holdings, a position she has held since 2020.[3]

Background

Wendy was born in Johannesburg, South Africa, on 11 September 1953, to William George Adair and Lilian Flora O'Leary.[4][5] She graduated with a Bachelor of Science degree from the University of the Witwatersrand, in 1974.[6]

Career

After graduating university, she joined the Chamber of Mines Research Labs from 1975 until 1976 as an Operations Research Analyst.[5] In 1977 she went to London, joining Shell International as an Operations Research consultant until 1978.[5] She joined Anderson Consulting in 1978 based in Johannesburg and London, leaving as a partner in 1994.[5]

Prior to her appointment as chairman of the Absa Group in 2013, Lucas-Bull served as executive director of Rand Merchant Investment Holdings from 1995, before she served as the CEO of First Rand's retail division.[7][5]

Wendy is one of the four founders and board members of the Peotona Group.[4] Previous leadership positions in business include as non-executive directorships at Barclays, Anglo American Platinum Limited, the Development Bank of Southern Africa, Alexander Forbes, Eskom, Nedbank, Telkom, Aveng, Lafarge Industries, the South African Financial Markets Advisory Board, Discovery Holdings, Dimension Data Plc and the Momentum Group.[7]

Other consideration

Lucas-Bull has served in the past, as a member of the President’s Advisory Council on Black Economic Empowerment.[7]

References

  1. ^ Nakaweesi, Dorothy (15 May 2018). "Shareholders approve name change to Absa Group Limited". Daily Monitor. Kampala. Retrieved 15 May 2018.
  2. ^ Kazibwe, Kenneth (29 March 2022). "Absa appoints new Group Chief Executive Officer". Nile Post Uganda. Kampala, Uganda. Retrieved 29 March 2022.
  3. ^ a b "IWF - Wendy Lucas-Bull". IWF. Retrieved 27 February 2026.
  4. ^ a b Bloomberg LP (16 May 2018). "Key Executives For Peotona Group Holdings". Bloomberg.com. Retrieved 16 May 2018.
  5. ^ a b c d e Who's Who South Africa 1996-97 (Who's Who of Southern Africa). Internet Archive. Miscellan IPS. 1996. p. 287. ISBN 978-0-9583902-5-5.{{cite book}}: CS1 maint: others (link)
  6. ^ World Economic Forum (15 May 2018). "Wendy Lucas-Bull: Chairman, Absa Group Limited". Geneva: World Economic Forum. Retrieved 15 May 2018.
  7. ^ a b c Barclays Africa Group (16 May 2018). "Barclays Africa Group: Our Board: Wendy Lucas-Bull, Chairman". Johannesburg: Barclays Africa Group. Archived from the original on 7 July 2017. Retrieved 16 May 2018.