Sim Tshabalala is now Standard Bank’s sole CEO (after co-CEO Ben Kruger quits)

It’s not a ‘boss and subordinate’ relationship.

Sim Tshabalala, Standard Bank

I have the highest regard for Ben… he’s got an encyclopaedic knowledge of banking…

Sim Tshabalala, Standard Bank

Sim Tshabalala is now Standard Bank’s sole CEO, following the completion of a succession process.

The bank announced on Tuesday that former co-CEO Ben Kruger has resigned with immediate effect.

He will remain as a member of the executive board and will report to Tshabalala.

Standard Bank's turnaround strategy necessitated the need to appoint two CEOs in 2013.

The Money Show’s Bruce Whitfield interviewed Tshabalala.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

Ben felt that the chapter is complete.

Sim Tshabalala, Standard Bank

Much of the regulatory changes are now bedded down.

Sim Tshabalala, Standard Bank

The group is much simpler than it was five years ago.

Sim Tshabalala, Standard Bank

The buck stops with the CEO.

Sim Tshabalala, Standard Bank

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This article first appeared on 702 : Sim Tshabalala is now Standard Bank’s sole CEO (after co-CEO Ben Kruger quits)


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