Our Executive Committee

Sim Tshabalala

Group chief executive, SBG and executive director, 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 SCMB and was appointed to group exco in 2001. Between 2001 and 2006, he was managing director of Stanbic Africa, and was appointed chief executive of PBB in 2006. In June 2008, he was appointed chief executive of SBSA. In March 2013, he was appointed joint group chief executive of SBG, a position he held alongside Ben Kruger until Ben stepped down in September 2017. He resigned as chief executive of SBSA in January 2018.

Arno Daehnke

Group financial director, SBG and executive director, SBSA

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

Arno Daehnke joined the group in 2001 as part of the CIB, global markets division. In 2010, he was appointed as head of group treasury and capital management division, with responsibilities including balance sheet management, financial planning, regulatory reform and optimally deploying group financial resources. He was appointed as group financial director in May 2016.

Sola David-Borha

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 in 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).

Rene du Preez

Group general counsel

BProc (cum laude), LLB (cum laude), HDipTax (UJ)

Rene du Preez is an admitted attorney of the High Court and practised as such at Bowmans. She has spent the past 23 years working in the financial services industry. She joined the group in January 2008 in the investment banking division of CIB where she worked in legal advisory. She was appointed head of group legal for PBB and corporate functions in 2012 and as the group general counsel in June 2018. She was appointed to the group executive committee in September 2018.

Kenny Fihla

Chief executive, corporate and investment Banking (CIB)

MSc (University of London), MBA (Wits)

Kenny Fihla joined SBSA in 2006 as head of investor services, CIB. In 2007, he was appointed to the CIB executive committee and in 2008, became head of transactional products and services SA for CIB. He was appointed deputy chief executive of CIB in November 2016, and from May 2017 assumed the role of chief executive, CIB.

Jörg Fischer

Head, group shared services and group real estate services

BCom (Wits), Bachelor of Accountancy (Wits), CA (SA), Advanced Certificate in Taxation (UNISA), MIT Global Executive Academy (Cambridge, MA)

Jörg Fischer joined the group in August 1997 as a senior finance manager, treasury finance management and central reporting within CIB. In January 2001, he was appointed chief financial officer of PBB. In January 2006, he was appointed chief information officer for the group and in May 2010, he was appointed chief operating officer of global PBB. In November 2012, he was appointed to head up the newly formed group shared services department and in 2014, group real estate services was added to this role. He was appointed to the group executive committee in February 2019.

Lungisa Fuzile

Chief executive, SBSA

MCom (Natal), AMP (Harvard)

Lungisa Fuzile joined the group in January 2018 as chief executive of SBSA. Prior to his appointment, he had a 20-year career in public service. His most recent role was as director-general of the National Treasury where he was responsible for providing strategic leadership and direction to the successful execution of the legislative mandate of the National Treasury.

David Hodnett

Group chief risk officer and group ethics officer

BCom (Wits), Bachelor of Accountancy (cum laude), CA(SA), MBA (Manchester Business School/Wits), Advanced Diploma in Banking

David Hodnett joined the group in 2019 and was appointed to the group executive committee in June 2019. David held numerous executive roles at Barclays Africa/Absa from 2008 to 2018, most recently he held the roles as deputy chief executive officer and executive SA operation from June 2016 to June 2018.

Isabel Lawrence

Group chief compliance and data 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 group legal in 2003 and was appointed group chief compliance officer in January 2012. In 2014, she was appointed as a director of Standard Advisory London Limited. In 2016, she was appointed as the group data officer in addition to her current role.

Alpheus Mangale

Group chief information officer

NDip Computer Systems Engineering (TUT), PG Management (Henley), EDP (CCL), AMP (Harvard)

Alpheus Mangale joined the group as group chief information officer in September 2017. Prior to this he was the chief enterprise officer at MTN South Africa, a role he held from 2014 to August 2017. He was also the managing director of Cisco Systems South Africa, from 2012 to 2014. His experience includes a 16-year tenure with Dimension Data group, where he held various executive roles across Africa, Europe, UK and the Middle East.

Zweli Manyathi

Chief executive, personal and business banking (PBB)

BCom (Hons) (Unisa), PDP (New York), SEP (Wits & Harvard)

Zweli Manyathi’s appointment as chief executive of PBB was effective in April 2018. Prior to his appointment, he was chief executive of PBB Africa regions from August 2013. He was previously head of business banking SA and held other senior executive roles both in retail and corporate banking as well as credit and international banking.

Funeka Montjane

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. She was appointed head of home loans PBB South Africa in 2010 and chief executive of PBB South Africa in 2012.

David Munro

Chief executive, Liberty

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 chief executive of CIB from 2011 until May 2017 when he took over as chief executive of Liberty.

Margaret Nienaber

Chief executive, Wealth

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

Margaret Nienaber 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 appointed as chief executive of wealth in 2017.

Rod Poole

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 communication, head of human capital of Standard Bank Plc based in London, head of human capital, and chief of staff. Rod is responsible for the portfolios of group marketing, group human capital and group strategy.

Thulani Sibeko

Group head, marketing and communication

BSc Bus Admin (California State University, USA), MBA (Henley), Graduate Certificate (Harvard)

Thulani Sibeko joined the group in January 2018 and was appointed to the group executive committee in September 2018. His experience spans 25 years in different industries. His marketing career began in FMCG where his passion for consumers and brand building developed working in diverse cultures, in regional roles in SA, USA, UK and Switzerland. He has held other senior leadership roles with his most recent experience at Nedbank, where he served as the group executive for marketing and communication.

Zola Stephen

Group secretary


Zola Stephen is the group secretary and group head of governance, having joined the group in August 2012 and being appointed as group secretary in 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.

Sharon Taylor

Group head, human capital

BCom (UKZN), BCom (Hons) (UNISA)

Sharon Taylor joined the group in 1991 and has held various senior executive positions in human capital. She served as the head of human resources for commercial banking, CIB SA and global investment banking product line and of SBSA entity before taking on her current role in April 2014. She was appointed to the group executive committee in September 2018.

Gert Vogel

Chief executive, Standard Bank International and CIB International

BCom (UP), BCompt (Hons), MBL (UNISA), CA (SA)

Gert Vogel was appointed to the group executive committee in September 2018. Prior to his appointment as chief executive of Standard Bank international and CIB international, he held various roles in the group, including director of structured finance, head of debt solutions and portfolio management, head of structured solutions in London, head of treasury and capital management Standard Bank Plc (London) and acting chief risk officer for CIB. From 2011 to 2015 he was the chief financial officer for the group’s CIB business.

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