Standard Bank names new chief for its personal and business division
The CEO of Standard Bank’s personal and business banking division, Peter Schlebusch, is to be succeeded by Zweli Manyathi. "Zweli has had a 33-year career in the financial services industry to date, joining Standard Bank in 2009. Until his appointment as CE of personal and business banking, he served as CE of personal and business banking for Africa regions — which is the group’s personal and business banking division in Africa beyond SA," Standard Bank said in a statement on Friday morning. This latest management reshuffle comes shortly before Standard Bank’s 2017 results, which are scheduled for release on March 8. "Peter will be taking a four-month sabbatical starting in April, and we will announce his new role on his return from this well-deserved break," the statement said. Standard Bank’s website does not list Manyathi as part of the group’s executive committee, rather Funeka Montjane as CEO of personal and business banking in SA and Schlebusch as the overall CEO of personal a...
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