Standard Bank SA appoints ex-Treasury DG Lungisa Fuzile as CEO

Standard Bank South Africa on Thursday announced the appointment of Lungisa Fuzile as its new CEO with effect from January 15, 2018. The former director general of the National Treasury will replace Sim Tshabalala, who as recently as September 2017 took over as sole CEO at the bank. Before this, and since 2008, Tshabalala shared the CEO role with Ben Kruger.