Thabo Dloti was also appointed non-executive director of the companies' boards.
The boards of African Bank and African Bank Holdings have announced the appointment of Thabo Dloti as a non-executive director and chairperson of the boards.
Thabo has a record of accomplishment in driving strategy and transformation within blue-chip financial services companies.
He is the former group CEO of Liberty Holdings and before that served as the CEO of the Old Mutual Investment Group, and the CEO of STANLIB. Thabo also co-founded Sithega Holdings.
African Bank Holdings group CEO Basani Maluleke said:
"We are pleased to welcome Mr Dloti as chairperson and look forward to his leadership and contribution in furthering the development and delivery of the African Bank strategy".
He will be taking over from Louisa Stephens, who has coordinated the Boards’ activities since the resignation of the previous chairperson Louis von Zeuner, on 31 July last year.
Louisa will remain an independent non-executive director on the Boards.
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