Standard Bank offers a range of banking and related financial services.
Nonkululeko Nyembezi steps in as Standard Bank chairman-designate
Nonkululeko will be taking over from retiring chairman Thulani Gcabashe at the end of May.
Standard Bank CFO Arno Daehnke is thrilled by Global Finance honours
Arno says that Awards like these are an affirmation that the bank is on a sustainable growth path.
Standard Bank bids goodbye to chairman Thulani Gcabashe
Thulani Gcabashe will be retiring as Standard Bank’s chairman after 19 years of service.
South Africa’s leading CFOs honoured at dazzling 2021 CFO Awards
Eight outstanding CFOs scooped top honours at the stunning gala dinner held at the Inanda Club.
Exceptional opportunities are emerging in the wake of the Covid-19 pandemic, say CFOs
At a CFO Dinner in Stellenbosch, execs shared learnings and discussed how they are moving forward.
Finance execs discuss courage, prioritising people and work-life balance at CFO Dinner at Tryn
Cape Town CFOs appreciated the opportunity to gather, share and unwind after a long 20 months.
CFO Dinner celebrates the good, the bad and the funny of twin crises
KZN CFOs gather for conversation about community and crises at The Oyster Box.
Zaid Moola’s powerful recipe of ambition and authenticity
Standard Bank’s Zaid Moola unpacks taking on his new role as head of wholesale clients South Africa.
CFO Dinner celebrates the role of finance leaders during the crisis
After Covid-19 hiatus, an impressive group of CFOs came together for a conversation at the Saxon.
Herman Singh joins Telkom board as independent non-executive director
Herman Singh will step into the role of independent non-executive director from 25 September.
Isaac Malevu appointed as new IDC CFO
Isaac Malevu will be taking over from Gert Gouws, who has been serving as the IDC's interim CFO.
FNB named South Africa's most valuable brand in BrandZ Top 30
First National Bank takes first place for the first time with a brand value of $2.795 billion.
Sasfin appoints Karien Jones as COO of group finance
Karien will be responsible for assisting the finance team with financial operations, like reporting.
Standard Bank CMO Thulani Sibeko explains new brand promise
Marketers Community Conversation hears how the new 'It can be' slogan came about.
Rebosis Property Fund appoints Asathi Magwentshu as acting CFO
Asathi will be taking over from Isabeau King, who has resigned as the company's CFO.
Life Healthcare appoints CA(SA) Peter Wharton-Hood as new group CEO
Peter will be taking over from acting CEO Pieter van der Westhuizen with effect from 1 September.
Coupa CFO explains how community intelligence brings big data benefits to supply chains
A high EQ culture and strong empathy for customers makes Coupa Software a natural partner for organisations seeking to mitigate their supply chain risk. Todd Ford, CFO for the Nasdaq-listed tech player explains how the company helps customers navigate within a financially stressed world.
Stanlib CFO Avashnee Ramdial gets candid about culture
Avashnee Ramdial has learnt that finance departments don't deliver well if their culture isn't cohesive and collaborative. She explained how she got this right as the CFO of Stanlib, based on a similar process in her prior role at Absa, and how she is keen to share the learnings from the hardships she has faced with other women in finance, in an interview with Georgina Guedes.
Former BP executive Priscillah Mabelane joins Sasol's Energy Business as executive VP
With years of experience in both CEO and CFO roles, Priscillah joins the Sasol Energy Business.
CFO Award nominees celebrated at CFO Community Conversation
The discussion also featured lessons for business from nature with biomimicry expert Claire Janisch.
CFO Cedric Miller tasked with turning Altron around
Cedric Miller took on the role of group CFO of Altron in May last year after a long and fruitful career with Standard Bank. He's relishing getting to grips with the finances of an ICT empire, while playing an active role in delivering on CEO Mteto Nyati's vision for the transformation of Altron.
Seven CFOs on preparing the next generation to fill their shoes
The role of mentoring is becoming increasingly important in an ever-changing work environment.
M&A Roundup: Standard Bank and BDO make acquisitions despite Covid-19 impact
Also: Capitec enters unsecured vehicle finance market and AB InBev postpones SAB Zenzele B-BBEE.
Deloitte's Valter Adão says Covid-19 lockdown is the time to focus on innovation
This came with a caveat for attendees of the online CFO summit: Watch out for the Lawson Effect.
Irene Singo has been appointed as a member of the FASSET board
CFO 'Clean Audit' believes she is giving back to the community with this appointment.
CFO South Africa's first online summit reveals finance executives are learning rapidly
Valter Adão challenged CFOs to use the crisis to make significant jumps forward in their businesses.
Vodacom appoints Saki Macozoma as new chairman
Saki Macozoma will be taking over from Jabu Moleketi, who will be retiring from 21 July.
Standard Bank's Arno Daehnke explains move to support customers during Covid-19
The Group FD says there is a tremendous amount of work taking place to support clients during the outbreak.
CFO and CHRO communities are stepping up in the time of Covid-19
CFO South Africa MD Joël Roerig on finding new ways to bring executives together during social isolation.
South African companies implementing precautionary measures around Covid-19 spread
Companies are increasing sanitisation, restricting and monitoring travel, and encouraging remote working.
These CFOs were stepping up and out in their careers
Barloworld, Altron and Alexander Forbes were among the companies who appointed new CFOs this year.
Flashback: These leading finance executives won the coveted trophies at the CFO Awards
Six of South Africa's finest finance professionals walked away with awards on the evening of 15 May.
IFRS 9 and bank credit loss explained
Richard Crecel and Daniela Thakkar: banks must act as credit loss remains divergent under IFRS 9.
CFOs talk technology and disruption at exclusive CFO dinners
CFOs need to be adaptable, agile and forward-thinking in order to weather the storm and stay relevant.
Family, downtime and fitness play a big role in CFOs' lives
Apart from finance, these CFOs are passionate about things from books to flying to fishing.
Absa appoints Cheryl Buss as CEO of its international operations
Cheryl said this is a pivotal moment in terms of Africa's relationship with the wider globe.
Cricket South Africa suspends former acting CFO Ziyanda Nkuta from various committees
This follows the resignation of independent directors and the suspension of CEO Thabang Moroe.
From finance to the top (Part 5): Lessons from history and a passion for people
According to fresh results from this year's CFO Day Survey, nearly three quarters of all CFOs are eyeing the top job and aspire to be CEO after their current role. And their ambitions are not unrealistic: a third of all CEOs of the JSE Top-40 are previous finance executives. But what does it take to scale the highest summit? Which different skills are required? How do you move from numbers to people and strategy? CFO Magazine spoke to five former CFOs who were promoted to CEO to find out what it takes.
Verimark's Bryan Groome nominated for 2020 CFO Awards
Along with his role as CFO, Bryan heads up finance, IT, HR, logistics and warehousing, and imports at Verimark.
Momentum Metropolitan Holdings' Risto Ketola nominated for 2020 CFO Awards
Risto is responsible for business performance, group reporting, balance sheet management and more.
Time is running out. Get your nomination for the CFO of the Year in today!
Recognise the leading finance executive on your team with a nomination for the prestigious CFO Awards.
Moving into Africa CFO Award winner discusses connecting with Africa
Standard Bank FD Arno Daehnke discusses African countries' buzz, innovation and work ethic.
M&A Roundup: Prosus and Emira Property Fund aims to grow internationally
Also: Standard Bank writes down stake in ICBCS and Group Five Projects business sold to the Teichmann Group
Finance Indaba hears unethical accounting persists, even with tech in the mix
With or without machine learning, unethical accounting practices must be stamped out, say panellists.
Leading finance executives chart a course to the future at Saxon CFO dinner
Eight CFOs gathered at the Saxon to discuss the changes the Fourth Industrial revolution will truly deliver.
National Real Estate CFO Roelof Dednam bucks tradition and changes rules
The young CFO says engaged staff who have clarity about the company's goals are motivated to excel.
It's time to nominate inspirational CFOs for recognition at the annual CFO Awards 2020
The CFO Awards recognise top CFOs for outstanding performance and excellent leadership.
Bank CFOs salaries increased by more than double from 2008 to 2018
A recent analysis of bank executive remuneration looked at how executives' salaries have changed.
South Africa's Top 30 most valuable brands exhibit resilience and customer focus
Standard Bank, FNB and Castle top the BrandZ Top 30 Most Valuable South African Brands 2019 ranking.
Youngest CFO of a listed company: Acting as an FD gave me the launchpad I needed
Verimark's Bryan Groome discusses the risks he took to open up opportunities for personal growth.
Cape Town CFOs get ready for the future
Laughs, common ground and sharp insights punctuated a dinner with high calibre finance execs.
CFO Awards 2019 nominees reflect on the rigorous judging process
These nominees looked back on the months following up to and the night of the 2019 CFO Awards.
M&A Roundup: Steinhoff sells assets and Standard Bank sells stake in ICBC Argentina
Also: Choppies plans to sell South Africa store and Fairvest abandons Safari Investments merger.
Standard Bank's move into Africa pays off as the group reports solid half-year results
Standard Bank FD Arno Daehnke said that Africa regions grew headline earnings by 15 percent.
Dr Leila Fourie has been appointed as the JSE's new CEO
She will be taking over from retiring Nicky Newton-King with effect from 1 October 2019.
RMB Corporate Banking CFO Storme McDonald on banking, digitisation and dogs
Storme McDonald is the CFO of Corporate Banking at RMB. She is a passionate advocate of digital transformation and a lover of dogs, she tells CFO.co.za.
Meet Moving into Africa Award winner Arno Daehnke, Standard Bank FD
Arno Daehnke is excited by the innovation that the Standard Bank is seeing on the continent.
CFOs and Tech Special Feature part 5: Automation and self-service reporting at Standard Bank
Kate Ferreira asked five CFOs about the most useful applications or types of technologies in their lives, both professionally and personally, and discovered it's not all about the newest, latest, and greatest tech on the planet, but rather how these tools and innovations are integrating into their days, unlocking insight, and - figuratively and literally - keeping the lights on.
As it happened: South Africa's top CFOs honoured at the spectacular 2019 CFO Awards
Six exceptional CFOs walked away with the finance profession's top honours at a gala dinner in Bryanston.
MTN CFO Ralph Mupita named CFO of the Year 2019
The MTN CFO also won the Strategy Execution, High-Performance Team, and Finance Transformation Awards.
18 outstanding nominees. Who will be South Africa's 2019 CFO of the year?
The votes are in. South Africa's CFO of the Year 2019 will be revealed on 15 May.
Standard Bank sponsors Moving into Africa Awards at the CFO Award
Standard Bank CFO Client Coverage Isaac Malevu: "Africa is our home, we drive her growth"
M&A Roundup: Standard Bank, Anglo American and Ascendis Health make headlines
Standard Bank partners with Microsoft, Clover acquisition experiences more delays and other acquisitions.
Greg Davis resigns from Ecobank, Ayo Adepoju takes up role of acting CFO
Greg will be leaving his post so that he can spend more time with his young family in the UK.
Mr Price Group first retail group to list on A2X
Mr Price Group has announced its listing on the A2X exchange and will start trading from 2 May.
Marc Lotter promoted to Heidelberg Graphic Systems SA managing director
Heidelberg Graphic Systems SA FD Marc Lotter has been promoted to managing director and territory head.
SA businesses flock to lend their support to the CFO Awards
Unparalleled networking opportunities, entertainment and industry insights keep CFO Awards sponsors coming back for more.
Altron appoints Cedric Miller as new CFO
Cedric Miller has been appointed as the new CFO of Altron with effect from 1 May.
Busy day: Standard Bank, Sanlam and MTN deliver 2018 results
The banking, insurance and telecoms companies have released their annual financial year-end results.
Land Bank: Konehali Gugushe
Konehali Gugushe has been the chief financial officer at the Land Bank since 2019.
M&A Roundup: Deals galore this week as companies acquire and sell for big change
Helios building towers in SA, new minority shareholder Cell C for and De Beers consolidates assets.
Meet six CFOs who took the career path less travelled to their roles
Seismologists, chemists, engineers... These CFOs haven't always served in finance.
Irene Singo new Cross-Border Road Transport Agency CFO
"CFO Clean Audit" Irene Singo moves from the Department of Mineral Resources to transport industry.
Judges start interviewing CFO Awards 2019 nominees
Some of the best finance leaders of the country came to the Deloitte headquarters in Woodmead on 21 January 2019 for the first CFO Awards nominee interviews of the year.
Finance Indaba 2018 hot topic: Surviving the Fourth Industrial Revolution
The Fourth Industrial Revolution is upon us. Finance Indaba speakers explained how to be prepared.
2018 highlight: AngloGold Ashanti's Christine Ramon named CFO of the Year
At a glittering ceremony in May, Christine came away with a record four CFO Awards.
The finance of fine art - how corporate art collections are valued
Many South African corporates invest in art, but how are these assets accounted for?
Challenges, opportunities, new roles - the top CFO movers of 2018
These CFOs appointments and resignations made a big impact in the past 12 months.
Masibulele Dem nominated for CFO Awards 2019
Hulisani's CFO Masibulele Dem has been nominated for the CFO Awards 2019.
Peggy-Sue Khumalo first black woman to head the Standard Bank wealth unit
Standard Bank announces the appointment of a new chief executive for Wealth South Africa Division
CA turns to a career in the kitchen - but doesn't cook the books
CA Avhaathu Ntsho became a chef and plans to combine her skills in restaurant ownership.
CFO Summit: Gazing into the future of humans in the workplace
Leading CFOs explore the space that people will occupy in tomorrow's world of work.
Here's what makes a great CFO: retiring CFO Awards judge Carel Smit explains
"I learned more from the CFO interviews than what I ever thought was possible.," says KPMG top partner.
Arno Daehnke: Standard Bank's secondary listing a response to calls from investors
The banking group's FD says the A2X listing demonstrates support for broadening financial markets.
Arno Daehnke nominated for CFO Awards 2019
Standard Bank group finance director Arno Daehnke nominated for 'Oscars for South African finance professionals'.
CFO Summit partner Oracle supports the "augmented CFO"
Oracle and the CFO Summit focus on "Tomorrow, today". See this in action at Thursday's event.
Unparalleled learning opportunities at the CFO Summit
CFO Summit structure ensures you have access to all the learning opportunities it offers.
Standard Bank CIB's Luvuyo Masinda joins CFO Awards Panel of Judges
CFO South Africa welcomes Standard Bank CIB's head, Global Client Coverage to the awards panel.
EY underscores commitment to knowledge sharing with CFO Summit Partnership
EY will be a partner at the CFO Summit - delivering unparalleled learning and networking opportunities.
CFO Awards season kicks off with the exclusive Judges' Dinner
Marble Restaurant hosted the prestigious CFO Awards judges, in preparation for the 2019 ceremony.
Standard Bank Group FD to share strategy insights at CFO Summit
Arno Daehnke's insights into cybersecurity, risk and data analytics will enlighten CFO Summit participants.
CFO South Africa finalist in 2018 Thomson Reuters Excellence Awards
Judges say that the work CFO SA does with Thomson Reuters is empowering Africa's success.
Bank CFOs share people-focused innovation strategies
Innovation doesn't happen unless you have the people on board to drive it - start there.
The d-school takes you from problem solving to design thinking
Customer is king in customer-centric design thinking, Dr Rael Futerman told the Finance Indaba.
Seamless integration for all your business banking needs
Standard Bank impresses with its well-structured online banking platform for all business sizes.
Banking designed to help - not hinder - entrepreneurs
A Standard Bank solution custom-designed for entrepreneurs makes the accountant the hero for their client.
Businesses that are not technologically advanced risk becoming irrelevant
Standard Bank's Lebohang Monama: The Fourth Industrial Revolution will rewrite the rules of the game.
Avashnee Ramdial new CFO at STANLIB
Avashnee Ramdial has been appointed as chief financial officer at STANLIB, effective 1 October.
Standard Bank's insightful sessions set to attract crowds at Finance Indaba
Finance Indaba diamond sponsor Standard Bank to deliver valuable sessions on 3 and 4 October.
18 hottest FinTech speakers in SA on stage during Finance Indaba
Banks, innovators, experts, techies, consultants and accountants among the experts who will show you where your future revenue will come from.
Finance Indaba: Standard Bank gives entrepreneurs and accountants the EDGE
"We are empowering accountants to play a strategic advisory role to their entrepreneurial clients."
Brooks Mparutsa joins Standard Bank as CIB CFO
Brooks Mparutsa has been appointed as CFO of Standard Bank Corporate and Investment Banking (CIB).
SA corporates commit to sharing knowledge with accountants
Finance Indaba Africa partners show their commitment to creating outstanding learning and networking platforms.
Five percent profit increase for Standard Bank
The Bank's first-half profit is up five percent, thanks to its businesses outside of South Africa.
Teva Pharmaceuticals: Carl Batt
Carl Batt has been the Chief Financial Officer of South Africa and sub-Saharan Africa at Teva Pharmaceuticals since July 2016.
CFO Dinner: Leading CFOs and CHROs share how sponsorship shaped their careers
Speaking at the CFO and CHRO Women's Dinner, two leading women executives shared the stories of their professional journeys.
Incredible value and innovation at SA's first ever CFO Journey
South Africa's first ever CFO Journey was dubbed the country's best ever event for finance executives by the 20 leaders attending the 24-hour programme around innovation and value creation.
CFO Journey: finance leaders learn about hope, innovation and value creation
The first ever CFO Journey, a two-day programme designed to touch the brains and hearts of finance leaders, was off to a great start with 20 top CFOs learning and networking together.
Unparalleled learning and networking at first ever CFO Day
South Africa's first ever CFO Day was an incredible success, with a top cast of 130 finance leaders learning and networking together during a thought-provoking programme that touched head, heart and soul.
Standard Bank appoints new CFO of Investment Banking
Kobus Roesch has been appointed as the new Standard Bank CFO of Investment Banking, with effect from 1 June 2018.
Sibusiso Xaba appointed as CFO of TPS at Standard Bank
Standard Bank appointed Sibusiso Xaba as the new CFO of Transactional Products and Services on 1 June 2018.
Standard Bank named best bank in Africa
The Banker has released a list of the world's top 1,000 banks, on which five South African banks are named.
FNB wrests best digital bank title from Capitec
FNB is once again the best digital bank in the country, according to Columinate's latest SITEisfaction survey.
Join SA's top finance execs at CFO Day on 17 July 2018
An unprecedented number of top CFOs will gather to discuss what it means to do the right thing.
Logic and numbers always prevail, says Lucas Verwey, Group FD Distell
"It is a very fine balance between high level and detail, because you can't be high level without understanding the detail first."
CFO Awards 2018: high praise from CFOs and sponsors
CFOs and business leaders from partner firms like Deloitte, PwC, EY, Thomson Reuters and Ansarada showered the 2018 CFO Awards in compliments and rave reviews after the successful gala event on 10 May at Constitution Hill.
Calls for ethical leadership at breathtaking 2018 CFO Awards
Calls for ethical leadership as the first woman CFO takes home the tile of CFO of the Year during the spectacular fifth annual CFO Awards at Johannesburg's Constitution Hill.
AngloGold Ashanti CFO Christine Ramon named CFO of the Year 2018
Christine Ramon, chief financial officer of gold mining company AngloGold Ashanti, has been named South Africa's CFO of the Year at the 2018 CFO Awards.
Partners flock to sponsor CFO Awards 2018
This year's finance Oscars are backed by new partners PwC, Workday, Nike and Drayton Glendower.
Big banks, big bucks
Finance bosses at SA's largest banks take home pretty pleasing paycheques.
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Standard Bank Group is the largest African banking group by assets, with a market cap of approximately R289 billion (USD20 billion), offering a range of banking and related financial services across sub-Saharan Africa.
Our strategy is to be an African focused, client-centred, digitally enabled universal financial services organisation, which drives Africa’s growth and creates value for all our stakeholders. Our clients are at the centre of everything we do. This is our central organising principle in building a digitally-enabled universal financial services organisation. It aligns our efforts to change the way we do things, develop our people and shift our culture, and ultimately create a sustainable competitive advantage in a changing industry.
We have a 156-year history in South Africa, and started building a franchise in sub-Saharan Africa almost 30 years ago. We have an on-the-ground presence in 20 countries on the African continent, and solid local knowledge required to operate a successful business in Africa.
Our presence in and connection with, global financial centres enables us to facilitate investment and development flows in Africa, and access to international capital to facilitate growth, diversification and development in Africa. We also have a strategic partnership with the largest bank in the world, Industrial and Commercial Bank of China (ICBC), who is a 20% shareholder in the group.
The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BB+ (stable) and Moody’s Baa3 (Rating under review). Click here to read more on credit ratings. The group has been listed on the JSE since 1970, with share code SBK, and the Namibian Stock Exchange, share code SNB.
We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness.
Phone: 0860 123 000