Absa recently announced a major shake-up in its exco, adding new members that helped improve black representation.
Decentralised business models are generally considered superior for companies to achieve better results. Given the rising competition in SA's banking sector, forming commercial clusters that are specifically focused on specific products or serving particular consumers can help incumbents hold on better to their market share, say analysts.
However, some doubt that this will be the case for Absa.
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