Stanbic IBTC Appoints South African Zweli Manyathi as Director

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Stanbic IBTC Holdings Plc has announced the appointment of South African, Zweli Manyathi as non-executive director of the bank.

Stanbic IBTC said the appointment of Manyathi is coming on the heels of the resignation of Chris Newson from the board of the bank. The Company also announced the appointment of Mr Zweli Manyathi as a Non-Executive Director, both effective 16th April 2014.

The bank said both Newson’s resignation and Manyathi’s appointment took effect April 16, 2014.

Manyathi holds a Bachelor of Commerce (Financial Management) from the University of South Africa. He also holds a Professional Development Programme certificate from City University of New York as well as Senior Executive Programme, Wits and Harvard Business Schools.

He commenced his working career at the First National Bank of South Africa where he was from 1984 to 2009. He held different positions and performed various roles during this period which include: CE: Service & Sales Strategy; Director, Delivery Channels Strategies; CE, First Express (mass market banking); General Manager’s Assistant, Group Credit; Seniour Manager, Business Development; Manager Credit; Manager Corporate Accounts; Chief Executive Officer, Metropolitan Branch Delivery; Chief Executive, Branch Delivery and Chief Executive, Corporate Banking.

He was at Standard Bank of South Africa Limited from April 2009 to December 2012 where he held the positions of Head, Corporate Banking Coverage and Head, Business Banking South Africa at different times. From February 2012 to July 2012 he worked with Barclays Africa Limited as Head, Business Banking – Africa.

Manyathi is currently the CEO, Personal & Business Banking Rest of Africa at Standard Bank of South Africa Limited. A position he has held since August 2013.

He has experiences at Goldman Sachs, New York, USA and is a member of 21st Century Trust, a UK based organisation that focuses on the training, development and creating networks for young people from across the world. 

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