Standard Bank Group announces Nonkululeko Nyembezi as Chair of the Board of Directors

– SOUTH AFRICA, Johannesburg –  Standard Bank Group (LON: 68IG) and The Standard Bank of South Africa Limited today announced the appointment of Nonkululeko Nyembezi as Chairman of their respective boards of directors, effective from 1 June 2022.

About Nonkululeko Nyembezi

Ms Nyembezi was appointed to the boards of Standard Bank Group and SBSA in January 2020 as an independent non-executive director. She is a seasoned and respected leader with extensive experience in diverse industries, gained from many years as an executive and board member. Her experience includes that of board chairman and member of board committees, with core expertise in strategy, planning, execution, governance and corporate stewardship and a proven record as a leader in diverse and complex organisations. Ms Nyembezi’s previous roles include the chairman of Alexander Forbes Group Holdings, non-executive director of Old Mutual, CEO of ArcelorMittal South Africa and non-executive director of Standard Bank Namibia.

An MBA graduate from the Open University Business School, United Kingdom, Ms Nyembezi also completed her MSc (Electrical Engineering) from the California Institute of Technology.

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