Stephen Cranston Associate editor

It is easy to be sceptical when a CEO resigns to "spend more time with his family". It is often a polite way of saying he was dismissed. But in the case of Sandile Shabalala at TymeBank I think we can take it at face value. Shabalala’s strength is in business and corporate banking. He doesn’t fit into the mould of a computer geek starting a fintech.

And TymeBank must have been quite a culture change after Nedbank: the large banks have armies of people to do the heavy lifting.

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