Absa Group Ltd S/Adr (AGRPY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. On behalf of Absa's leadership team, thank you for joining us for our 2026 interim results presentation. I will begin briefly reflecting on our strategy and why we are still confident about the future before moving on to our first half performance and the progress we are making against our strategic priorities. Dion will then take you through the detailed financial results, after which I will conclude with our medium term outlook. As I reflect on Absa today, I remain convinced that the opportunities ahead of us are significant and that we are focused on the right priorities. Our strategy remains anchored on four pillars. Organizing ourselves around the customer and being customer led. Capturing opportunities across our chosen markets to build a diversified Pan African business. Driving excellence throughout the organization. And exploring new growth opportunities. These pillars can only be enabled by our people. Combining deep talent and strong leadership to build a culture of empowerment and competitive spirit. As mentioned in March 2026 is a year of transition for Absa. We are focused on sustaining performance momentum today, while strengthening the foundation that will enable more consistent growth and improve returns longer term. A key part of that foundation has been to deepen leadership and build a stable, high caliber executive team. Over recent years, leadership changes have inevitably caused some disruption and reduced the benefits that should come from our scale, talent and capabilities. Strengthening our leadership depth, accountability and execution was therefore one of my first priorities as Group CEO. I am pleased to report that this work is now largely complete. More importantly, we are already seeing the benefits. Across the organization...