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flag African Bank appoints Zweli Manyathi interim CEO after third CEO departs due to retirement age, sparking leadership stability concerns.

flag African Bank named Zweli Manyathi interim CEO after its third CEO under board chair Thabo Dloti stepped down, raising concerns over leadership stability. flag The departure, tied to the bank’s mandatory retirement age, could lead to a fifth CEO before year-end. flag Despite the turnover, the bank says it has a clear succession plan and governance protocols remain intact, reaffirming its commitment to strategic continuity.

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