Smart Money - Standard Bank CEO Sim Tshabalala discusses his rise to the top at Standard Bank

In this Smart Money with Alishia Seckam interview, Standard Bank Group CEO Sim Tshabalala discusses his journey to becoming the chief executive of Africa’s largest bank.

Tshabalala became the MD of Stanbic Africa in 2001 and was appointed the chief executive of Personal and Business Banking in 2006.

Two years later, he was appointed the CEO of Standard Bank South Africa, shortly before becoming a deputy CEO for the Standard Bank Group.

In 2013, Tshabalala became a joint chief executive of the Standard Bank Group, and finally took the reins as the group’s sole CEO in 2017.

In this interview, Tshabalala tells viewers about his childhood and education and explains how they prepared him for a career in finance.

He discusses his rise to the top at Standard Bank and highlights what set him apart from his peers during this period.

Tshabalala then explains how PayShap has benefitted South Africans and revolutionised the local banking industry, and highlights Standard Bank’s green energy efforts.

He also highlights the big trends that he expects to dominate the finance sector over the next few years and provides his view on the new government of national unity.

Finally, Tshabalala tells us what he does in his spare time.