ShapeShifter

How Tom Winterboer saved African Bank

The Money Show’s Bruce Whitfield interviewed African Bank curator Tom Winterboer for his weekly “ShapeShifter” feature.

The curatorship and restructuring of African Bank has been an extremely complex and arduous process.

Tom Winterboer

On 4 April 2016 the new African Bank opened its doors.

Scroll down for quotes from the video and audio below.

About 20 years ago African bank also went through a curatorship.

Tom Winterboer

It’s only if you went via an asset manager that you would lose money.

Tom Winterboer

The risk appetite for the bank was too high at the time.

Tom Winterboer

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How Tom Winterboer saved African Bank


Recommended

by NEWSROOM AI
Read More
Meet Abel Sithole, the man in charge of R1.6 trillion in Government pensions

Meet Abel Sithole, the man in charge of R1.6 trillion in Government pensions

The Money Show’s Bruce Whitfield interviews Abel Sithole, Principal Executive Officer at the GEPF, Africa’s largest pension fund.

Coca-Cola Beverages Africa (7th largest Coke bottler on Earth) employs 15 000

Coca-Cola Beverages Africa (7th largest Coke bottler on Earth) employs 15 000

The Money Show’s Bruce Whitfield interviews Jacques Vermeulen, CEO at Coca-Cola Beverages Africa (CCBA).

FNB tops South African youth market, but Capitec Bank making huge inroads

FNB tops South African youth market, but Capitec Bank making huge inroads

FNB rules the roost, but only just. The future looks bright for Capitec Bank, which tops Absa, Standard Bank and Nedbank.

Capitec Bank is the best in South Africa by far, say customers. Here’s why…

Capitec Bank is the best in South Africa by far, say customers. Here’s why…

It’s South Africa's cheapest bank and offers great interest rates. It also has the best service of all, according to customers.

Capitec Bank is growing fast and earnings are booming

Capitec Bank is growing fast and earnings are booming

About 100 000 clients join each month and, as a result, earnings are booming. We interview CEO Gerrie Fourie…

Meet Jannie Mouton, the "Richard Branson of Stellenbosch"

Meet Jannie Mouton, the "Richard Branson of Stellenbosch"

The founder of PSG Financial Services and Capitec Bank is rocking the boat from Stellenbosch to the rest of Africa.

Popular articles
Black gay men can be misogynists, and here's what a few have to say about it

Black gay men can be misogynists, and here's what a few have to say about it

Presenter Eusebius McKaiser hosted a panel discussion with black gay men exploring entrenched patriarchy and the dynamics at play.

Traffic congestion: Capetonians spending 75% more time in vehicles

Traffic congestion: Capetonians spending 75% more time in vehicles

Cape Town has the worst congestion levels in the whole of South Africa.

DStv subscription price hikes for 2019

DStv subscription price hikes for 2019

MultiChoice will increase the prices of certain DStv packages from 1 April.

'Bring back skilled engineers to Eskom' - Solidarity

'Bring back skilled engineers to Eskom' - Solidarity

Trade Union Solidarity says it supports Pravin Gordhan's idea that technicians who used to work for Eskom should be brought back.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.