Our Executive Committee


Group chief executive, SBG, and chief executive, SBSA

BA, LLB (Rhodes), LLM (University of Notre Dame, USA), HDip Tax (Wits), AMP (Harvard)

Sim Tshabalala joined the group in 2000 in the project finance division of Standard Corporate Merchant Bank (SCMB) and was appointed to group exco in 2001. Between 2001 and 2006, he was managing director of Stanbic Africa, and from 2006 was appointed chief executive of PBB. In June 2008, he was appointed chief executive of SBSA and was appointed group chief executive of SBG in 2013.


Group chief executive, SBG, and executive director, SBSA

BCom (Hons) (Pretoria), CA (SA), AMP (Harvard)

Ben Kruger joined the group in 1985, taking up various roles in SCMB. He was appointed chief executive of SCMB in 2001. Between 2006 and 2008, he held the position of chief executive of global Corporate & Investment Banking (CIB) and assumed the position of deputy group chief executive of SBG in 2009. He has been group chief executive since 2013.


Group financial director, SBG and executive director, SBSA

BSc, MSc (UCT), PhD (Vienna University of Technology), MBA (Milpark), AMP (Wharton)

Dr Arno Daehnke was previously head of SBG’s treasury and capital management function and has extensive experience in key financial aspects such as financial planning under varying macroeconomic scenarios, managing a complex banking group balance sheet in volatile financial markets and a deep understanding of both local and international bank regulatory frameworks.


Chief executive, Africa regions

BSc Economics (University of Ibadan), MBA (University of Manchester), AMP (Harvard), GCP (IESE, Wharton, CEIBS)

Sola David-Borha was appointed chief executive, Africa regions with effect 1 January 2017. Prior to her appointment, she was the chief executive of Stanbic IBTC Holdings Plc and served as chief executive of Stanbic IBTC Bank from May 2011 to November 2012. She previously held various executive roles which included acting managing director of IBTC Chartered Bank Plc and executive director of CIB (excluding South Africa).


Deputy chief executive, CIB, Head CIB South Africa

MSc (University of London), MBA (Wits)

Kenny Fihla joined SBSA in 2006 as head of investor services. In 2007, he was appointed to the CIB executive committee and in 2008, was appointed CIB head of transactional products and services SA. In November 2016, he was appointed deputy chief executive of CIB. In addition to heading up CIB South Africa, he is responsible for corporate client relationship management across 20 African countries and major financial centres outside Africa.


Group chief compliance officer

BA (Hons), LLM (RAU)

Isabel Lawrence joined the group’s legal division in 1998 where she was responsible for legal risk and transacting for PBB. She was appointed head of the group legal in 2003 and was appointed group chief compliance officer in January 2012.


Chief executive, PBB South Africa

BCom (Hons) (Wits), MCom (UJ), CA (SA)

Funeka Montjane joined the group in 2008 and was appointed chief financial officer of PBB South Africa. In 2010, she was appointed head of home loans PBB South Africa and appointed chief executive PBB South Africa in 2012.


Chief executive, CIB

BCom, PGDip Accounting (UCT), CA(SA), AMP (Harvard)

David Munro joined the group in 1996. In 2003, he was appointed deputy chief executive, CIB South Africa and in 2006 was appointed chief executive, CIB South Africa. He was appointed global head, investment banking in 2009 and chief executive, CIB in 2011.


Group chief information officer

AMP (Harvard)

Brenda Niehaus joined the group in 2007 as a director in IT. In 2008, she was appointed as chief information officer for Africa Regions and PBB international. In 2011, she was appointed chief information officer of PBB South Africa and in June 2013 appointed chief technology officer for Group IT shared services. She was appointed chief information officer for the Standard Bank Group in June 2014.


Chief executive, Wealth

BCompt (Hons) (UFS), CA (SA)

Margaret Nienaber is the Chief Executive, Wealth. She joined the group in 2010 as head of private clients South Africa. In 2013, she was appointed global head of wealth and investment (previously known as private clients). She was acting chief executive of wealth from May 2016 and was confirmed as Chief Executive of Wealth in November 2016.


Group head change and business transformation

BCom (Unisa)

Rod Poole joined the group in 1984 and has held various senior executive roles within the bank including head of marketing and communications, Head of human capital SB Plc based in London, Head of human capital, and chief of Staff, focusing on the CIB and Standard Bank Group strategies.


Chief executive, PBB

BCom (Hons) (Wits), HDip Tax (RAU), Dip Banking Law (RAU), CA (SA), SEP (Stanford)

Peter Schlebusch joined the group in 2002 as a director in retail products. In January 2006, he was appointed deputy chief operations officer and later that year was appointed deputy chief executive of PBB South Africa. In 2008, he was appointed chief executive of PBB South Africa and in 2012, he was appointed chief executive of PBB group. In 2016 his mandate was extended to include heading up digitisation across the group.


Group secretary

B.Proc, LLB (UKZN)

Zola Stephen is the group secretary of SBG and group head of governance, having joined the group in August 2012 and being appointed as group secretary on 1 November 2012. She has extensive experience in governance having spent 13 years at Transnet where in her last role she was a member of the group executive committee responsible for Legal, Corporate and Public Affairs, Company Secretariat and Corporate Governance and Group Compliance.


Group chief risk officer

BCom (UCT), AMP (Insead)

Neil Surgey joined the commercial banking division of Standard Bank in 2002 as a director in strategy and business support. He joined SCMB as director of finance and operations in 2003 and was appointed to global chief operating officer in CIB and in 2010, was appointed head of transactional products and services, CIB. He was appointed group chief risk officer in 2015.

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