Capitec boss Gerrie Fourie will hand over the reins of the company to Graham Lee in one of the most orderly successions in SA’s banking sector — ending a a period that saw the bank transform from an unsecured lender to offering sophisticated financial products.
Fourie, who has been with Capitec for nearly 30 years, presided over a surge in the share price and profitability, adding nearly 20-million new customers during his tenure...
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