Standard Bank Group Limited

OTCPK:SBGO.F Stock Report

Market Cap: US$15.8b

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 11.17 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 $7.98M. The average tenure of the management team and the board of directors is 3.9 years and 7.5 years respectively.

Key information

Sim Tshabalala

Chief executive officer

R71.3m

Total compensation

CEO salary percentage14.0%
CEO tenure11.2yrs
CEO ownership0.05%
Management average tenure3.9yrs
Board average tenure7.5yrs

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
Dec 31 2023R71mR10m

R44b

Sep 30 2023n/an/a

R42b

Jun 30 2023n/an/a

R40b

Mar 31 2023n/an/a

R38b

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 ($USD3.83M) is below average for companies of similar size in the US market ($USD13.53M).

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

CEO

Sim Tshabalala (56 yo)

11.2yrs

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 Director11.2yrsR71.34m0.051%
ZAR 8.0m
Arno Daehnke
Chief Finance & Value Management Officer8yrsR60.97m0.019%
ZAR 3.0m
Margaret Nienaber
Chief Operating Officer1.8yrsR60.53mno data
Funeka Montjane
Chief Executive Officer of Personal & Private Banking12yrsR59.84mno data
Bill Blackie
Chief Executive Officer of Business & Commercial Banking2.3yrsR59.83mno data
Yuresh Maharaj
Chief Executive Officer of Insurance & Asset Managementless than a yearR29.61mno data
Luvuyo Masinda
Deputy Chief Executive Officer of Corporate & Investment Bankingno datano datano data
Sarah Rivett-Carnac
Head of Investor Relationsno datano datano data
Virginia Magapatona
Group Head of Communication & Reputation Management1.2yrsno datano data
Alan Bedford-Shaw
Head of Corporate Developmentno datano datano data
Sharon Taylor
Chief People & Culture Officer5.5yrsno datano data
Cedric Miller
Chief Financial Officer of Personal & Business Bankingno datano datano data

3.9yrs

Average Tenure

51.5yo

Average Age

Experienced Management: SBGO.F's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simpiwe Tshabalala
Group CEO & Executive Director11.2yrsR71.34m0.051%
ZAR 8.0m
Arno Daehnke
Chief Finance & Value Management Officer8yrsR60.97m0.019%
ZAR 3.0m
John Maree
Independent Deputy Chairman of the Board7.5yrsR2.34m0.0098%
ZAR 1.6m
Martin Oduor-Otieno
Independent Non-Executive Director8.3yrsR3.36mno data
Barend Kruger
Independent Non-Executive Director1.9yrsR3.48m0.035%
ZAR 5.4m
Atedo Nari Peterside
Non-Executive Director9.8yrsR3.36m0.0060%
ZAR 950.2k
Olusola David-Borha
Non-Executive Directorless than a yearno datano data
Nomgando Nomalungelo Matyumza
Independent Non-Executive Director7.5yrsR1.83mno data
Xueqing Guan
Senior Deputy Chairman3.8yrsR3.31mno data
Gesina Maria Kennealy
Lead Independent Non-Executive Director7.5yrsR2.81mno data
Geraldine Fraser-Moleketi
Independent Non-Executive Director7.5yrsR1.77m0.0010%
ZAR 157.6k
Nonkululeko Merina Nyembezi
Independent Chairman4.3yrsR7.62mno data

7.5yrs

Average Tenure

63yo

Average Age

Experienced Board: SBGO.F's board of directors are considered experienced (7.5 years average tenure).

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