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.
This aligns with plans to unlock opportunities for alternative energy infrastructure on the continent, building on past collaborations.
“The retirement age is actually 70, but I believe 35 years is enough, and the succession plans have worked well,” he said.
With Tshabalala at the helm, Standard Bank continues to achieve significant milestones, connecting African markets with global economies while delivering strong returns to shareholders.
Munro’s 2022 compensation package includes a base salary of $0.5 million and a performance-based short-term incentive of $0.49 million.
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million.
Montjane’s 2022 compensation package marked an impressive 9.47-percent increase over the previous year’s total reward.
Since assuming the mantle of CEO, Tshabalala has led Standard Bank Group to impressive financial milestones.
Tshabalala, who assumed the role of CEO in September 2017, holds a minority stake of 0.031 percent in Standard Bank.
Tshabalala is more than a banker; he is a visionary whose life journey encapsulates the spirit of possibility.
MetroFibre is partly owned by African Rainbow Capital, an investment unit founded by Motsepe.
Nyembezi is a seasoned South African corporate leader.