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| Name | Symbol | Market | Type |
|---|---|---|---|
| Standard Bank Group Ltd (PK) | USOTC:SGBLY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.075 | 0.65% | 11.565 | 11.52 | 11.61 | 11.565 | 11.45 | 11.50 | 9,023 | 16:46:32 |
From Jul 2019 to Jul 2024
By Ian Walker
LONDON--Standard Bank Group Ltd. (SBK.JO) said Thursday it has appointed Thulani Sikhulu Gcabashe chairman of the group and The Standard Bank of South Africa Ltd., replacing Fred Phaswana who is retiring at the annual shareholders' meeting on May 28.
The largest African bank by assets and earnings said Mr. Gcabashe will review his current commitments, including reducing his executive day-to-day involvement at BuiltAfrica Holdings, the renewable energy company that he founded, due to his increased commitments in his new role.
Over a period of time Mr. Gcabashe will also be stepping down as chairman of Imperial Holdings, chairman of MTN Zakhele and non-executive director of Togo Invest, Standard Bank said.
Mr. Gcabashe has been an independent non-executive director of the Standard Bank Group and Standard Bank of South Africa since 2003.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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