Sim Tshabalala

By: Errol Mars
Born: December 15, 1967, Hlabisa Local Municipality, South Africa; Position: CEO; Company: Standard Bank Group Ltd.; Industry: Financial Services; Country: South Africa

Sim Tshabalala

Simphiwe Tshabalala, is CEO of Standard Bank, Africa’s largest bank by assets and the 421th largest publicly traded company in the world,, according to Forbes.com Global 2000, 2017 list.

Mr. Tshabalala has over 22 years’ experience in the financial services industry. Mr. Tshabalala is the only black person to lead one of South Africa’s biggest banks since Sizwe Nxasana retired as the head of FirstRand Ltd., the second-largest by assets, in March 2015.

Mr. Tshabalala joined Standard Bank in 2000 in the project finance division and was appointed to group executive committee in 2001. Between 2001 and 2006, he was the managing director of Stanbic Africa, and from 2006 was appointed chief executive of PBB. In June 2008, he was appointed chief executive of SBSA and was appointed joint group chief executive of SBG in 2013, a position he held alongside Ben Kruger until September 2017.

In 2006, the Old Rhodian award, a coveted institutional honour bestowed on Rhodian achievers, was conferred on Mr Tshabalala for outstanding performance in the finance sector.

Mr. Tshabalala holds Bachelor of Arts and Bachelor of Law degrees (Rhodes), LLM (University of Notre Dame, USA), Higher Diploma in Tax Law (Wits), Advanced Management Program (Harvard).


Latest Profiles

  • Richelieu Dennis

    Richelieu Dennis

    Born: Liberia; Position: Founder, CEO; Company: Sundial Brands; Industry: Personal Care; Country: United States

  • Steve Stoute

    Steve Stoute

    Born: June 26, 1970, Queens, New York City, New York; Position: Founder, CEO; Company: Translation LLC. ; Industry: Marketing and Advertising; Country: United States

  • William James Adams

    will.i.am

    Born: March 15, 1975, Eastside, Los Angeles County, California, USA; Position: CEO & co-founder; Company: i.am+ ; Industry: Information Technology and Services; Country: United States

Latest Articles

  • Kenneth I. Chenault to join General Catalyst

    Kenneth I. Chenault

    Ken Chenault to join General Catalyst as chairman and a managing director, making him one of the most powerful venture capitalists. Mr. Chenault spent the last 17 years as Chairman and CEO of American Express and was recently...

  • Kenneth I. Chenault to Join Airbnb's Board

    Kenneth I. Chenault

    Former American Express CEO, Kenneth I. Chenault will be joining the board of directors of Airbnb. The announcement comes one week after Facebook appointed Chenault to its board of directors. Mr. Chenault will be the first and...

  • Ken Chenault to Join Facebook Board of Directors

    Ken Chenault

    Ken Chenault, the outgoing CEO of American Express, is joining Facebook’s board of directors. The technology industry has come under fire in recent year because of their lack diversity. Mr. Chenault joining Facebook’s board is...

  • Richelieu Dennis' Sundial Brands to be Acquire by Unilever

    Richelieu Dennis' Sundial Brands is being acquired by Unilever, a British-Dutch transnational consumer goods company co-headquartered in Rotterdam, Netherlands and London, United Kingdom. Its products include Dove soap and Ben...

  • Richard Parsons, Former Time Warner CEO Launch New VC Firm

    Richard Parsons

    Richard D. Parsons, senior advisor to Providence Equity Partners, former chairman of Citigroup, and the former chairman and CEO of Time Warner and business partner Rachel Lam who founded the Time Warner Investments group...