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BREAKING: Another Bank CEO Died Of Coronavirus -SEE PHOTOS



The deputy CEO of Absa, Mr. Peter Matlare has died of codvid-19 related complications.

His sudden demise took place on Sunday 7th March 20221.

Before joining Absa in 2016, he served in a number of high-profile roles, including as the CEO of the SABC and the head of Tiger Brands. The businessman passed on at age 61.

“Peter was a consummate professional, who made an immense contribution to business in South Africa and across the African continent. He was passionate about transforming businesses, and believed deeply in the potential of Africa,”

“He also created opportunities for dozens of young managers and professionals to expand their horizons in the businesses he led.

“Family was a cornerstone of Peter’s life. He was a pillar of strength around whom the family coalesced. He used his talent and passion for cooking to regularly gather the family for Sunday lunches, and maintain deep connections in the family. His support for family, friends and colleagues has left a lasting legacy,” his family stated in a statement

May his soul rest in peace.


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