Standard Bank and IFC partner to boost local currency lending across Africa
The deal aims to mitigate currency risks, expand local currency exposure, and facilitate cross-currency swaps and derivatives for businesses across Africa.
Standard Bank Group
Standard Bank, led by South African banker Sim Tshabalala, strengthens African infrastructure investment efforts
This aligns with plans to unlock opportunities for alternative energy infrastructure on the continent, building on past collaborations.
Nigerian businessman Atedo Peterside retires from Standard Bank Group after 35 years
“The retirement age is actually 70, but I believe 35 years is enough, and the succession plans have worked well,” he said.
Sim Tshabalala projects Standard Bank’s sustainable financing to top $15.6 billion by 2026
With Tshabalala at the helm, Standard Bank continues to achieve significant milestones, connecting African markets with global economies while delivering strong returns to shareholders.
South African banker David Munro earns $1.6 million from Standard Bank in 2022
Munro’s 2022 compensation package includes a base salary of $0.5 million and a performance-based short-term incentive of $0.49 million.
South African exec Kenny Fihla earns $2.4-million salary from Standard Bank
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million.
South African exec Funeka Montjane earns $2-million salary from Standard Bank
Montjane’s 2022 compensation package marked an impressive 9.47-percent increase over the previous year’s total reward.
South African banker Sim Tshabalala earns $2.8-million salary from Standard Bank in 2022
Since assuming the mantle of CEO, Tshabalala has led Standard Bank Group to impressive financial milestones.
South African banker Sim Tshabalala gains $1.2 million from investment in Standard Bank
Tshabalala, who assumed the role of CEO in September 2017, holds a minority stake of 0.031 percent in Standard Bank.
Sim Tshabalala: South African banker with $5.2 million in Standard Bank shares
Tshabalala is more than a banker; he is a visionary whose life journey encapsulates the spirit of possibility.
Patrice Motsepe-linked MetroFibre secures $298 million in debt funding from Standard Bank Group
MetroFibre is partly owned by African Rainbow Capital, an investment unit founded by Motsepe.
South African exec Nonkululeko Nyembezi becomes first Black woman to chair Standard Bank
Nyembezi is a seasoned South African corporate leader.