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STANDARD BANK GROUP LIMITED - Appointment of Director

Release Date: 15/07/2019 13:15
Code(s): SBK     PDF:  
 
Wrap Text
Appointment of Director

STANDARD BANK GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number 1969/017128/06
JSE and A2X Share code: SBK
Namibian Share Code: SNB
ISIN: ZAE000109815
(“Standard Bank Group”)

DIRECTOR APPOINTMENT

Having obtained the requisite clearance from the Regulator, the Standard Bank Group
board of directors (“Board”) is pleased to announce the appointment of Maureen Erasmus
to its Board and that of The Standard Bank of South Africa Limited with effect from
12 July 2019.

Ms Erasmus (59) holds a BComm from the University of Cape Town and has extensive
financial and banking experience. She is currently a non-executive director of Credit
Suisse (UK) Limited, Mizuho International Plc and Maitland International Holdings
Plc. Until 2017, Ms Erasmus was an advisory partner at Bain & Company, Inc (London)
where she led major assignments across Europe, Middle East and Africa on corporate
and investment banking turnaround strategies. Prior to this she had held senior
executive roles at Merrill Lynch International, London and New York.

Johannesburg
15 July 2019


Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
JP Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 15/07/2019 01:15:00
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