Our leadership

In March 2013, Ben Kruger and Sim Tshabalala were appointed as chief executives.

Sim Tshabalala

Group chief executive, SBG, and chief executive, SBSA
Appointed 2013
  • BA LLB(Rhodes)
  • LLM(University of Notre Dame,USA)
  • HDip Tax(Wits)
  • AMP(Harvard)

Sim Tshabalala is the group chief executive of SBG, and the chief executive of SBSA.

Sim joined the group in 2000 in the project finance division of SCMB and was appointed to group exco in 2001. From 2001 to 2006, he was managing director of Stanbic Africa, and from 2003, he served concurrently as deputy chief executive of PBB. He was appointed chief executive of PBB in 2006. In June 2008, he was appointed chief executive of SBSA. In 2009, he was appointed deputy chief executive of SBG. In 2013, he was appointed chief executive of SBG.

Other appointments
  • Liberty Holdings
  • Liberty Group
  • Stanbic IBTC Bank (chairman)
  • Stanbic Africa Holdings (chairman)
  • Tutuwa Community Holdings
  • Banking Association of South Africa(BASA)

Ben Kruger

Group chief executive, SBG, and executive director, SBSA Chairman, model approval committee
Appointed 2013
  • BCom (Hons) (Pretoria)
  • CA (SA)
  • AMP (Harvard)

Ben Kruger is the group chief executive of SBG, and executive director of SBSA. He previously served as chairman of Standard Bank Plc.

Ben joined the group in 1985, taking up various roles in Standard Corporate Merchant Bank (SCMB). In 1998, he was appointed deputy chief executive of SCMB and chief executive of SCMB in 2001. He was appointed to group exco in 2000. From 2006 to 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. In 2011, in his capacity as deputy group chief executive, Ben assumed responsibility for both the CIB and Personal & Business Banking (PBB) business lines. In 2013, he was appointed group chief executive of SBG.

Other appointments
  • ICBC Standard Bank Plc
  • Stanbic Africa Holdings
  • Institute of International Finance
  • Leadership for Conservation in Africa

Arno Daehnke

Group chief financial officer and executive director of SBG and SBSA
  • BSC (UCT)
  • MSC (UCT)
  • PHD (Vienna University of Technology)
  • MBA (Milpark University)
  • AMP (Wharton)

Arno Daehnke succeed Simon Ridley as the Group financial officer with effect from 1 May 2016.

He has held the position of Head of Group Treasury and Capital Management since 2010 and has extensive experience in key financial aspects in which the group operates, particularly financial planning under varying macroeconomics scenarios, managing a complex banking group balance sheet in volatile financial markets and a deep understanding of both local and international bank regulatory frameworks.

Peter Schlebusch

Chief Executive officer PBB, SBG
  • BCom (Hons) (Wits)
  • CA (SA)
  • HDip Tax (RAU)
  • Dip Banking Law (RAU)
  • SEP (Stanford)

Joined the group in 2002, appointed to exco in 2013.

Peter Schlebusch is the chief executive officer of PBB, SBG. Peter joined the group in 2002 as director of retail products. In January 2006, he was appointed as deputy chief operations officer. In September 2006, he was appointed deputy chief executive of PBB South Africa. In 2008, he was appointed chief executive of PBB South Africa. In November 2012, he was appointed chief executive of group PBB.

David Munro

Chief executive of CIB, SBG and SBSA
  • BCom PDGA (UCT)
  • CA (SA)
  • AMP (Harvard)

Joined the group in 1996, appointed to exco in 2013.

In 2003, he was appointed deputy chief executive officer of CIB South Africa and in 2006 was appointed chief executive of CIB South Africa. He was appointed global head of investment banking in 2009 and chief executive of global CIB in 2011. In 2014, he was appointed director of Standard Bank London Holdings Limited. In 2015, he was appointed director of ICBCS.

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