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Capitec co-founder Gerrie Fourie says South Africa's dysfunction creates opportunities unavailable elsewhere and urged South Africans considering emigration to think carefully before leaving.
Former Capitec chief executive Gerrie Fourie banked a R155 million farewell package after a decade leading South Africa's largest bank by client base.
Gerrie Fourie, former Capitec CEO, becomes STADIO board director to boost student access nationwide.
Capitec’s longtime CEO Gerrie Fourie exits with $8.2 million payout after growing the bank into a $22.42 billion retail leader.
Graham Lee takes over as Capitec CEO as Gerrie Fourie steps aside, remaining an adviser to support the bank’s global and digital growth plans.
Capitec to pay $47.6 million to three South African shareholders
This reflects his role in steering the bank through a period of significant growth, strengthening its position as a leader in the country’s financial sector.
This marks the end of more than a decade-long tenure in which he played a key role in transforming Capitec into the country’s leading digital bank.
Capitec Bank's decision to cap Capitec Pay commission fees at $0.37 per transaction aims to support businesses and boost South Africa’s expanding e-commerce sector.
As Capitec Bank’s CEO, Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
This uptrend adds to his previous gains, with his stake increasing by $8.6 million between Jan. 4 and Mar. 9.
Fourie’s stake in Capitec Bank has risen by R2.16 billion ($8.63 million) over the past 65 days, solidifying his position among South Africa’s top executives.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank, or 1,027,673 ordinary shares.