Standard Bank Group Limited (SBGOF)

9.37 0.00 (0.00%) At close: 03:21PM EDT

Standard Bank Group Limited

Standard Bank Centre
9th Floor 5 Simmonds Street
Johannesburg 2001
South Africa
27 11 636 1061
https://www.standardbank.com/sbg/standard-bank-group

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 50,451

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Simpiwe Kenneth Tshabalala AMP, B.A., HDip Tax, L.L.B., L.L.M.	Group CEO & Executive Director	1.85M	N/A	1967
Dr. Arno Daehnke AMP, BSc, MBA, MSc	Chief Finance & Value Management Officer, Financial Director and Executive Director	1.58M	N/A	1967
Ms. Margaret Nienaber C.A.	Chief Operating Officer	1.57M	N/A	1974
Ms. Funeka Z. Montjane B.Com., C.A.	Chief Executive Officer of Personal & Private Banking	1.55M	N/A	1979
Mr. Bill Blackie	Chief Executive Officer of Business & Commercial Banking	1.55M	N/A	N/A
Mr. Yuresh Maharaj C.A.	Chief Executive Officer of Insurance & Asset Management	839.85k	N/A	1978
Mr. Luvuyo Masinda	Deputy Chief Executive Officer of Corporate & Investment Banking	N/A	N/A	N/A
Ms. Sarah Rivett-Carnac	Head of Investor Relations	N/A	N/A	N/A
Ms. Virginia Magapatona	Group Head of Communication & Reputation Management	N/A	N/A	N/A
Mr. Alan Bedford-Shaw	Head of Corporate Development	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 USD.

Description

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services. The company also provides industry-specific solutions; trade point solutions; fleet solutions; and finance for commercial and personal vehicle, commercial property, and commercial asset, as well as disclosed and non-disclosed debtor. In addition, it offers card and payment solutions, such as digital wallet, prepaid digital cards, contactless payments, mobile payments, credit cards, and internet banking. Further, the company provides investment solutions comprises investment accounts, share trading, financial planning, forex investment, risk limitation, and wealth preservation; and green bonds, and social and sustainable bonds for housing and renewable energy. Additionally, it offers vehicle, life, property, health, and employee protection insurance; wills and estates insurance; commercial cyber insurance; and risk mitigation, insurance spend optimization, and strategic claim management solutions. The company serves individuals, businesses, institutions, and corporations. Standard Bank Group Limited was founded in 1862 and is headquartered in Johannesburg, South Africa.

Corporate governance

Standard Bank Group Limited’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 2; Compensation: 1.

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.