Louis von Zeuner resigns as chair of African Bank

The chair of the boards of African Bank and African Bank Holdings, Louis von Zeuner, has resigned to join the board of a company in the financial services industry.

In a statement on Thursday morning Von Zeuner said he was "proud to have contributed to the bank’s successful journey over the past three years".

Board member Louisa Stephens will co-ordinate the boards’ activities until regulatory approval of a chairperson is granted by the Prudential Authority.  

The bank said a further announcement regarding the appointment will be made in due course.

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