Finance In brief South Africa

Thulani Gcabashe replaces Fred Phaswana as Standard Bank chairman

Thulani Sikhulu Gcabashe has been appointed the new chairman of the board of the Standard Bank group (SBK) and of Standard Bank SA. The appointment is effective from end May. He will replace Fred Phaswana, 70, who will retire at end May.

Source: BDpro

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