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Who is Peter Matlare? Wiki, Bio, Age, Died, Career, Wife, Net Worth

Peter Matlare

Peter Matlare Wiki – Peter Matlare Bio

Peter Matlare was Deputy Chief Executive Officer of Absa Group Ltd. He was died on Sunday after succumbing to Covid-19 related complications.

He had been with South Africa’s third-largest bank since 2016 and was previously head of foods group Tiger Brands Ltd. and state broadcaster SABC.

Age

He was 61 years old.

Peter Matlare Died

Absa deputy CEO Matlare has died at the age of 61

Eyewitness News understands that he passed away earlier on Sunday due to COVID-19 complications.

The business fraternity is mourning following the death of Matlare.

Career

“Peter was a seasoned corporate executive, a good leader, inspirational, passionate about his work, and always strongly invested in the success of our continent,” Absa Chief Executive Officer Daniel Mminele said in a statement Monday. “I will miss his friendship, collegiality, guidance, and wise counsel.”

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At Absa, Matlare was responsible for steering operations in the rest of Africa, where the company had been expanding its corporate and investment banking unit.

That was part of a strategic and organizational overhaul that started in 2018 after the group separated from its former parent Barclays Plc and positioned itself as a pan-African player.

Performing Matlare’s role required deep knowledge of African markets and the regulatory landscape, Patrice Rassou, chief investment officer at FirstRand Ltd.’s Ashburton Investments, said by phone.

“He’s going to be a very difficult person to replace at his level of seniority and experience in the group,” he said.

Tribute

Tributes have started pouring in for the 61-year-old.

On Twitter, former Public Protector Thuli Madonsela described news of his passing as shocking and sad.

Others have remembered him for his strong and professional work ethic.

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