Standard Bank Group Limited

OTCPK:SBGO.F Stock Report

Market Cap: US$19.9b

Standard Bank Group Management

Management criteria checks 4/4

Standard Bank Group's CEO is Sim Tshabalala, appointed in Mar 2013, has a tenure of 11.75 years. total yearly compensation is ZAR71.34M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth $10.19M. The average tenure of the management team and the board of directors is 2.7 years and 8.1 years respectively.

Key information

Sim Tshabalala

Chief executive officer

R71.3m

Total compensation

CEO salary percentage14.0%
CEO tenure11.8yrs
CEO ownership0.05%
Management average tenure2.7yrs
Board average tenure8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sim Tshabalala's remuneration changed compared to Standard Bank Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R44b

Mar 31 2024n/an/a

R44b

Dec 31 2023R71mR10m

R44b

Sep 30 2023n/an/a

R42b

Jun 30 2023n/an/a

R40b

Mar 31 2023n/an/a

R37b

Dec 31 2022R60mR9m

R34b

Sep 30 2022n/an/a

R32b

Jun 30 2022n/an/a

R30b

Mar 31 2022n/an/a

R27b

Dec 31 2021R28mR9m

R25b

Sep 30 2021n/an/a

R22b

Jun 30 2021n/an/a

R20b

Mar 31 2021n/an/a

R16b

Dec 31 2020R24mR9m

R12b

Sep 30 2020n/an/a

R14b

Jun 30 2020n/an/a

R16b

Mar 31 2020n/an/a

R21b

Dec 31 2019R49mR9m

R25b

Sep 30 2019n/an/a

R27b

Jun 30 2019n/an/a

R28b

Mar 31 2019n/an/a

R28b

Dec 31 2018R59mR9m

R27b

Sep 30 2018n/an/a

R27b

Jun 30 2018n/an/a

R27b

Mar 31 2018n/an/a

R26b

Dec 31 2017R55mR8m

R26b

Compensation vs Market: Sim's total compensation ($USD3.82M) is below average for companies of similar size in the US market ($USD12.85M).

Compensation vs Earnings: Sim's compensation has been consistent with company performance over the past year.

CEO

Sim Tshabalala (57 yo)

11.8yrs

Tenure

R71,340,000

Compensation

Mr. Simpiwe Kenneth Tshabalala, also known as Sim, BA, LLB, LLM, HDip Tax, AMP, serves as Group Chief Executive Officer and Executive Director of Standard Bank Group Limited since March 7, 2013. He serves...

Leadership Team

NamePositionTenureCompensationOwnership
Simpiwe Tshabalala
Group CEO & Executive Director11.8yrsR71.34m0.051%
$ 10.2m
Arno Daehnke
Chief Finance & Value Management Officer8.6yrsR60.97m0.018%
$ 3.5m
Margaret Nienaber
Chief Operating Officer2.4yrsR60.53mno data
Andile Kenneth Fihla
Deputy Chief Executive Officerless than a yearR75.33mno data
Funeka Montjane
Chief Executive Officer of Personal & Private Banking12.6yrsR59.84mno data
Bill Blackie
Chief Executive Officer of Business & Commercial Banking2.9yrsR59.83mno data
Yuresh Maharaj
Chief Executive Officer of Insurance & Asset Managementless than a yearR29.61mno data
Luvuyo Masinda
Chief Executive Officer of Corporate and Investment Bankingless than a yearno datano data
Sarah Rivett-Carnac
Head of Investor Relationsno datano datano data
Virginia Magapatona
Group Head of Communication & Reputation Management1.8yrsno datano data
Alan Bedford-Shaw
Head of Corporate Developmentno datano datano data
Sharon Taylor
Chief People & Culture Officer6.1yrsno datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Management: SBGO.F's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simpiwe Tshabalala
Group CEO & Executive Director11.8yrsR71.34m0.051%
$ 10.2m
Arno Daehnke
Chief Finance & Value Management Officer8.6yrsR60.97m0.018%
$ 3.5m
John Maree
Independent Deputy Chairman of the Board8.1yrsR2.34m0.010%
$ 2.1m
Martin Oduor-Otieno
Independent Non-Executive Director8.9yrsR3.36mno data
Barend Kruger
Independent Non-Executive Director2.5yrsR3.48m0.013%
$ 2.6m
Olusola David-Borha
Independent Non-Executive Directorless than a yearno datano data
Nomgando Nomalungelo Matyumza
Independent Non-Executive Director8.1yrsR1.83mno data
Paul Cook
Independent Non-Executive Director3.8yrsR1.45mno data
Gesina Maria Kennealy
Lead Independent Non-Executive Director8.1yrsR2.81mno data
Geraldine Fraser-Moleketi
Independent Non-Executive Director8.1yrsR1.77m0.0010%
$ 199.5k
Fenglin Tian
Senior Deputy Chairmanless than a yearno datano data
Nonkululeko Merina Nyembezi
Independent Chairman4.9yrsR7.62mno data

8.1yrs

Average Tenure

64yo

Average Age

Experienced Board: SBGO.F's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 05:48
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Standard Bank Group Limited is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harry BothaAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Adrienne DamantAvior Capital Markets