VBS Mutual Bank: Philip Truter

Philip Truter has been the Chief Financial Officer of VBS Mutual Bank since September 2014.

Philip Truter received his B.Com Honours from UNISA after completing his B.Com Accounting degree at the University of Pretoria. He served his Articles at PwC South Africa. After completing his articles, he became the Accountant of The GEO Group Inc. He then joined VBS Mutual Bank as the Financial Director in 2005 and was later promoted to Chief Financial Officer in September 2014. He has been with the VBS Mutual Bank group for more than 13 years.

2014 – Present    Chief Financial Officer, VBS Mutual Bank
2005 – 2014         Financial Manager, VBS Mutual Bank
2004 – 2005         Accountant, The GEO Group, Inc. 
2001 – 2003         Article Clerk, PwC South Africa

2002 – 2002         B.Com Hons, Accounting, UNISA
1997 – 1999         B.Com, Accounting, University of Pretoria
1992 – 1996         Matric, Roodepoort High School

About VBS Mutual Bank: VBS Mutual Bank is a wholly black-owned specialist corporate finance and retail bank. It was established in 1982 and initially operated as Venda Building Society. They have been under curatorship since 2017. 

In 2016 they reported a non-interest revenue of R23.909 million.