Absa is facing shareholder backlash after more than 43% of investors voted against its remuneration implementation report, putting CEO Kenny Fihla’s $9 million (R148 million) pay package under scrutiny

Absa Group's annual meeting took an unexpected turn as shareholders rejected the resolution on non-executive director remuneration, prompting discussions on policy changes.

Absa is facing shareholder backlash after more than 43% of investors voted against its remuneration implementation report, putting CEO Kenny Fihla’s $9 million (R148 million) pay…