Financial services firm Standard Bank Group has announced the appointment of Sim Tshabalala as interim CE of Standard Bank of South Africa (SBSA) with effect from April 8, subject to regulatory approval. Tshabalala will serve in a dual capacity as CE of Standard Bank Group and SBSA, and as executive director on the boards of both companies, until such time as the boards make further announcements regarding executive succession planning, the group says.
Standard Bank is a South Africa-based financial institution that provides personal and commercial banking products and services for individuals and businesses.