Discovery Bank appoints Hylton Kallner as new CEO

Hylton Kallner has been appointed as the new CEO of Discovery Bank, taking over from Barry Hore.

Discovery has announced the appointment of Hylton Kallner as the new CEO of Discovery Bank with effect from 1 January 2021. He will be taking over from Barry Hore.

Discovery group CEO Adrian Gore said:

“Hylton will leverage his experience as CEO of the SA businesses of Discovery in building a powerful and integrated composite. His understanding of Discovery’s shared value business model, along with his extensive experience at Discovery Group spanning nearly 25 years, position him well to drive continued growth and success for Discovery Bank. His experience in the conceptualisation and operation of the original Discovery Card and, more recently, overseeing the provision of core group services to Discovery Bank, add to the competencies gained in his decade as the group’s chief marketing officer.”

He added that Hylton will step down from various subsidiary boards but will retain his role as chair of the Discovery South Africa exco as the key coordination structure across the South African composite. This will enable him to leverage assets across the group as the bank focuses on driving strong, high-quality customer growth and value.