| Attribute | Details |
|---|---|
| Full Name | Peter Bambatha Matlare |
| Date of Birth | November 30, 1960 |
| Birthplace | Durban, South Africa |
| Profession | Corporate Executive |
| Spouse | Nomvula Matlare |
| Children | Three daughters |
| Salary | R20 million annually |
| Qualifications | BSc (Hons) in Political Science, University of Plymouth (UK); MA in Southern African Studies, University of York (UK) |
| Notable Roles | Deputy CEO at Absa Group, CEO of SABC, CEO of Tiger Brands, COO at Primedia, Executive at Vodacom |
Who Was Peter Matlare?
Peter Matlare was a distinguished South African corporate leader known for his transformative leadership across various industries, including banking, media, telecommunications, and fast-moving consumer goods (FMCG). He served as the Deputy Chief Executive Officer of Absa Group Limited, overseeing the bank’s operations in 12 African countries.
Throughout his career, Peter demonstrated a deep commitment to African markets and their development. His ability to lead organizations toward profitability and growth earned him respect as a seasoned executive and visionary leader.
Early Life and Education
Born on November 30, 1960, in Durban, South Africa, Peter Matlare grew up with a strong sense of purpose. He pursued his higher education in the United Kingdom, earning a Bachelor of Science (Hons) degree in Political Science from the University of Plymouth and a Master’s degree in Southern African Studies from the University of York.
Career Highlights
Early Career
Peter began his career at The Urban Foundation, a South African think tank focused on social development. He later joined Citibank, gaining international exposure and valuable experience in financial services.
Media and Broadcasting Leadership
Peter transitioned into media as Chief Operating Officer of Primedia, a prominent South African media company. In 2001, he was appointed Group Chief Executive Officer of the South African Broadcasting Corporation (SABC). During his tenure, he transformed the SABC into a profitable entity and significantly enhanced its local content offerings.
Telecommunications and FMCG
After leaving the SABC in 2005, Peter joined Vodacom, a leading African mobile communications provider, where he focused on strategy and business development. In 2008, he became the CEO of Tiger Brands, Africa’s largest food manufacturer, leading the company’s expansion into new African markets.
Banking Leadership
Peter joined Absa Group in 2016 as Deputy CEO and later became CEO of the bank’s regional operations. His tenure was marked by efforts to broaden Absa’s reach across Africa, fostering growth and innovation in the banking sector.
Peter Matlare Wife – Personal Life
Peter Matlare was married to Nomvula Matlare, and the couple had three daughters. Known for his love of music, food, and storytelling, Peter was a beloved family man and a mentor to many in his professional life.
Legacy and Passing
Peter Matlare passed away on March 7, 2021, at the age of 61 due to complications from COVID-19. His death was a significant loss to South Africa’s corporate and economic landscape. Leaders across sectors, including Professor Thuli Madonsela and Absa CEO Daniel Mminele, lauded him as a visionary leader and a pillar of African business development.
Peter Matlare’s Salary and Net Worth
At the time of his passing, Peter Matlare earned an estimated annual salary of R20 million, reflecting his esteemed position in the corporate world.
Key Quotes About Peter Matlare
- Daniel Mminele (Absa Group CEO): “A seasoned corporate executive, a good leader, inspirational, and passionate about his work.”
- Professor Thuli Madonsela: “Covid-19 has robbed us of another professional in his prime.”
FAQs
1. Who was Peter Matlare’s wife?
Peter Matlare was married to Nomvula Matlare.
2. How many children did Peter Matlare have?
He had three daughters.
3. Where was Peter Matlare born?
He was born in Durban, South Africa.
4. What were Peter Matlare’s qualifications?
He held a Bachelor of Science (Hons) in Political Science and a Master’s degree in Southern African Studies.
5. What was Peter Matlare’s salary?
His annual salary was approximately R20 million.
Conclusion
Peter Matlare’s journey from Durban to leading multinational corporations showcases his exceptional leadership and unwavering commitment to Africa’s growth. His legacy as a transformative leader, mentor, and visionary will continue to inspire generations to come
