South Africa: Abil Boss Kirkinis Shares Credit for Strong Results

Johannesburg — MANAGEMENT generally likes to take credit when a company does well, even if it has been due to benign operating conditions. But when results were poor, they were quick to blame the environment, said Leon Kirkinis, CEO of African Bank Investments (Abil), as he unveiled another set of strong results from the mass-market lender yesterday.

Kirkinis did not place credit for the results squarely on management. He said the group had benefited from the positive lending environment and structural changes to the economy.

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