Capitec Bank Holdings Limited (CPI.JO)

223,967.00 +7,750.00 (+3.58%) At close: 05:06PM SAST

Capitec Bank Holdings Limited

5 Neutron Road
Techno Park
Stellenbosch 7600
South Africa
27 21 941 1377
https://www.capitecbank.co.za

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 15,747

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gerhardus Metselaar Fourie B.Com., B.Comm (Hons), M.B.A.	CEO & Executive Director	22.35M	38.77M	1964
Mr. Grant Robert Hardy B.Com., C.A.	CFO, Financial Director & Executive Director	6.28M	N/A	1982
Mr. Willem de Bruyn B.Sc., BSc (Hons)	Executive of Business Development & Technology	N/A	N/A	1971
Monique Palmieri	Head of Compliance	N/A	N/A	N/A
Mr. Francois Viviers B.Com., BComm (Hons)	Executive of Marketing & Communications	N/A	N/A	1983
Ms. Rizwana Butler	Executive of Human Resources	N/A	N/A	1975
Jerome Passmore	Head of Project Officer	N/A	N/A	N/A
Dumisani Ncukana	Head of Service Support	N/A	N/A	N/A
Charl Nel	Head of Strategic Communications	N/A	N/A	N/A
Blessing Mgaga	Head of Solutions Delivery & Academy - Technology Services	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.

Description

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; flexible, fixed, and tax-free savings, and call and notice deposits; term loans, home, personal, vehicle, education, home improvement, business, term, medical, and mortgage loans; overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and forex, franchising, and value-added services. The company also provides treasury products comprising foreign exchange spot trades and foreign exchange forward contracts; and internet banking and mobile banking services. In addition, it offers vehicle and asset finance, property finance, and rental finance; and insurance products, such as general, fleet, agricultural, engineering, motor traders, hospitality, contractors all risk, life, and credit insurance, as well as funeral cover. It operates through various branches, automated teller machines, dual note recyclers, and coin and note recyclers. The company was incorporated in 1999 and is based in Stellenbosch, South Africa.

Corporate governance

Capitec Bank Holdings Limited’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 7; Board: 5; Shareholder rights: 10; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.