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 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)

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 banking regulatory frameworks.

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 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).

Kenny Fihla

Chief executive, CIB

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, became head of transactional products and services SA for CIB. He was appointed deputy chief executive of CIB in November 2016, and from the 30th of May 2017 assumed the role of chief executive following the appointment of David Munro as chief executive of Liberty.

Lungisa Fuzile

Chief executive, SBSA, executive director, 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.

Isabel Lawrence

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.

Alpheus Mangale

Group chief information officer

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

Alpheus Mangale joined SBG 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 other prior experiences include 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

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

Zweli Manyathi’s appointment as chief executive of PBB was effective 1 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. In 2010, she was appointed head of home loans PBB South Africa and appointed chief executive 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 to chief executive, CIB South Africa. He was chief executive of CIB group from 2011 until 30 May 2017 when he took over as chief executive of Liberty.

Margaret Nienaber

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 appointed as chief executive of Wealth in November 2016.

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 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.

Thulani Sibeko

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 were 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

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.

Neil Surgey

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.

Sharon Taylor

Group head, human capital

BCom (Hons)

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

Gert Vogel

Chief executive, SB 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 & 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), acting chief risk officer for CIB and from 2011 to 2015 he was the chief financial officer for the group’s CIB business.

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 22 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.

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