Who is Kenny Fihla? Age, Biography & Net Worth

Johannesburg, March 2025 – Kenny Fihla, a seasoned banking executive, has been named the new Chief Executive Officer (CEO) of Absa Group and Absa Bank. His appointment, announced in March 2025, will take effect on June 17, 2025, pending regulatory approval.

Fihla’s extensive experience in the financial sector, particularly his leadership at Standard Bank, played a key role in his selection.

Educational Background

Kenny Fihla holds an impressive academic record, which has significantly contributed to his success. He earned a Master of Science (MSc) degree from the University of London, equipping him with strong analytical and financial expertise.

Additionally, he completed a Master of Business Administration (MBA) from Wits University, further strengthening his leadership and business management skills.

Career at Standard Bank

Fihla joined Standard Bank Group in 2006 as Head of Investor Services within the Corporate and Investment Banking (CIB) division. His rapid rise within the organization saw him become a member of the CIB executive committee in 2007

. A year later, in 2008, he was appointed Head of Transactional Products and Services for CIB in South Africa.

In November 2016, he was promoted to Deputy Chief Executive of CIB, and by May 2017, he took on the role of CEO of CIB. Under his leadership, the division saw remarkable financial growth, doubling its headline earnings to R20.5 billion. Additionally, he steered the company towards a compound annual growth rate of 8.6% between 2017 and 2024.

Leadership at Absa Group

Following an extensive selection process, Kenny Fihla was chosen as the CEO of Absa Group and Absa Bank. His deep understanding of the banking sector, particularly in Pan-African markets, and his ability to lead in complex financial environments were key factors in his appointment.

Industry experts anticipate that he will drive transformative growth for Absa, leveraging his vast experience and leadership acumen.

Leadership Philosophy and Achievements

Fihla is recognized for his forward-thinking approach and strategic vision. He believes in fostering strong relationships within the financial ecosystem while prioritizing sustainable growth and community empowerment. His tenure at Standard Bank showcased his ability to deliver results, making him a highly respected figure in the industry.

Personal Life and Net Worth

While there is limited public information regarding his age, family, or social media presence, Fihla’s financial success is well documented.

As CEO of CIB at Standard Bank, he earned R69.9 million (approximately $3.7 million) in total remuneration in 2023, highlighting his contributions to the banking sector.

With his appointment at Absa, all eyes are on Kenny Fihla as he prepares to take on his new role. His track record of success suggests that Absa Group will benefit greatly from his leadership in the coming years.

Read More: Who is Ben Folds? All you need to know about him!