Discovery makes statement of intent with new bank boss
The group appoints Hylton Kallner to steer bank into its ‘growth and integration’ phase
10 December 2020 - 19:32
Discovery Group, one of the newest entrants to SA’s banking industry, has laid down a marker as it turns to one of its most trusted and loyal executives to steer its behavioural bank into the next phase of its development.
The group on Thursday named Discovery SA CEO Hylton Kallner as successor to Discovery Bank CEO Barry Hore from January 1, in a move that will up the stakes in the battle for market share and given the capital the group has invested in the bank it will also raise expectations from returns the bank will be expected to generate. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.