Nkosana Samuel Mashiya, Capitec’s chief risk offer who was also a member the bank’s social, ethics and sustainability committee, has resigned.

The Stellenbosch-headquartered lender advised shareholders in a statement late on Tuesday that Mashiya had resigned and would step down from his roles at Capitec on March 31 for “personal reasons”. Capitec said a successor to Mashiya would be appointed “in due course”...

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