Standard Bank SA appoints former Treasury DG Lungisa Fuzile as its new CEO

Lungisa Fuzile. Picture: treasury.gov.za.

Standard Bank South Africa has appointed former Treasury director-general (DG) Lungisa Fuzile as its new CEO.

Fuzile was amongst a number of exits from Treasury shortly after the sacking of then Finance Minister Pravin Gordhan.

At the time, he said he was planning to focus on his farm.

Sim Tshabalala remains the Group CEO.

The Money Show’s Bruce Whitfield interviewed Tshabalala.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

We started engaging him more than a year ago… he’s played extremely hard-to-get…

Sim Tshabalala, Standard Bank

This is a sign of a normalising society…

Sim Tshabalala, Standard Bank

We like economists…

Sim Tshabalala, Standard Bank

We’ve often expanded the DNA of the company by attracting people from outside.

Sim Tshabalala, Standard Bank

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