Francois Groepe, who recently stepped down as deputy governor of the SA Reserve Bank, has joined Discovery Bank as the fledgling lender’s deputy CEO. 

“The South African financial services landscape is undergoing significant structural change and Discovery Bank, which is the world’s first behavioral bank, will be playing a key role in this changed landscape,” Groepe said in a statement. “I look forward to being part of this exciting transition.”..

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