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Daniel Mminele

Former CEO, ABSA Group; former Deputy Governor, South African Reserve Bank

Daniel Mminele served as group chief ececutive at Absa Group Limited until 30 April 2021. Prior to joining Absa in January 2020, he was a deputy governor of the South African Reserve Bank (SARB) since July 2009 where he served two 5-year-terms. His responsibilities included Financial Markets, International Economic Relations and Policy as well as the Human and Operations Cluster. He was a member of the Governors' Executive Committee, the Monetary Policy Committee, Financial Stability Committee, Risk Management Committee and the Prudential Committee. He was the Chairperson of the Reserves Management Committee as well as the Chair of the Board of the Corporation of Public Deposits. During a career spanning nearly 20 years at the South African Reserve Bank, Daniel represented the SARB and South Africa and many international policy meetings on the African Continent and beyond. He also served as the G20 Central Bank deputy for South Africa, as well as the Chairman of the Deputies for the International Monetary Financial Committee (IMFC) of the International Monetary Fund, Washington D.C. He is currently a member of the Bretton Woods Committee Advisory Council. His experience before the SARB included credit-risk analysis, corporate banking, and project and structured finance at private banking institutions in Germany, The United Kingdom (UK) and South Africa.In 2018 Germany's President Frank-Walter Steinmeier bestowed the Great Order of Merit to Mminele for his work in furthering German-South African relations. Daniel was also the recipient of the 2019 Life Time Achiever Award of the Association of Black Securities and Investment Professionals, South Africa. His qualifications are: Associate Certificates (Chartered Institute of Bankers (London) in association with City Polytechnic of London /Guildhall University); German Banking Diploma (Bankkaufmann) from Sparkasse Paderborn.

 

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