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 11.67 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 ZAR206.17M. The average tenure of the management team and the board of directors is 2.6 years and 8 years respectively.
Key information
Sim Tshabalala
Chief executive officer
R71.3m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 11.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.6yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Standard Bank Group's (JSE:SBK) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01
Standard Bank Group (JSE:SBK) Is Increasing Its Dividend To ZAR7.44
Aug 18Is Now The Time To Put Standard Bank Group (JSE:SBK) On Your Watchlist?
Aug 12It's Unlikely That Standard Bank Group Limited's (JSE:SBK) CEO Will See A Huge Pay Rise This Year
Jun 04Standard Bank Group (JSE:SBK) Is Paying Out A Larger Dividend Than Last Year
Mar 19Here's Why We Think Standard Bank Group (JSE:SBK) Is Well Worth Watching
Jan 22Here's Why Standard Bank Group (JSE:SBK) Has Caught The Eye Of Investors
Oct 08Standard Bank Group (JSE:SBK) Is Increasing Its Dividend To ZAR6.90
Sep 03Standard Bank Group (JSE:SBK) Is Increasing Its Dividend To ZAR6.90
Aug 20Here's Why Standard Bank Group (JSE:SBK) Has Caught The Eye Of Investors
Jul 06With EPS Growth And More, Standard Bank Group (JSE:SBK) Makes An Interesting Case
Mar 13Standard Bank Group's (JSE:SBK) Dividend Will Be Increased To ZAR5.15
Aug 25Standard Bank Group (JSE:SBK) Is Increasing Its Dividend To R5.11
Mar 31Here's Why Shareholders Should Examine Standard Bank Group Limited's (JSE:SBK) CEO Compensation Package More Closely
May 20Are Institutions Heavily Invested In Standard Bank Group Limited's (JSE:SBK) Shares?
Mar 15A Look At Standard Bank Group's (JSE:SBK) Share Price Returns
Feb 07
Need To Know: Standard Bank Group Limited (JSE:SBK) Insiders Have Been Buying Shares
Dec 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | R44b |
| Mar 31 2024 | n/a | n/a | R44b |
| Dec 31 2023 | R71m | R10m | R44b |
| Sep 30 2023 | n/a | n/a | R42b |
| Jun 30 2023 | n/a | n/a | R40b |
| Mar 31 2023 | n/a | n/a | R37b |
| Dec 31 2022 | R60m | R9m | R34b |
| Sep 30 2022 | n/a | n/a | R32b |
| Jun 30 2022 | n/a | n/a | R30b |
| Mar 31 2022 | n/a | n/a | R27b |
| Dec 31 2021 | R28m | R9m | R25b |
| Sep 30 2021 | n/a | n/a | R22b |
| Jun 30 2021 | n/a | n/a | R20b |
| Mar 31 2021 | n/a | n/a | R16b |
| Dec 31 2020 | R24m | R9m | R12b |
| Sep 30 2020 | n/a | n/a | R14b |
| Jun 30 2020 | n/a | n/a | R16b |
| Mar 31 2020 | n/a | n/a | R21b |
| Dec 31 2019 | R49m | R9m | R25b |
| Sep 30 2019 | n/a | n/a | R27b |
| Jun 30 2019 | n/a | n/a | R28b |
| Mar 31 2019 | n/a | n/a | R28b |
| Dec 31 2018 | R59m | R9m | R27b |
| Sep 30 2018 | n/a | n/a | R27b |
| Jun 30 2018 | n/a | n/a | R27b |
| Mar 31 2018 | n/a | n/a | R26b |
| Dec 31 2017 | R55m | R8m | R26b |
Compensation vs Market: Sim's total compensation ($USD3.94M) is about average for companies of similar size in the ZA market ($USD3.14M).
Compensation vs Earnings: Sim's compensation has been consistent with company performance over the past year.
CEO
Sim Tshabalala (57 yo)
11.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 11.7yrs | R71.34m | 0.051% ZAR 206.2m | |
| Chief Finance & Value Management Officer | 8.5yrs | R60.97m | 0.018% ZAR 70.8m | |
| Chief Operating Officer | 2.3yrs | R60.53m | no data | |
| Deputy Chief Executive Officer | less than a year | R75.33m | no data | |
| Chief Executive Officer of Personal & Private Banking | 12.5yrs | R59.84m | no data | |
| Chief Executive Officer of Business & Commercial Banking | 2.8yrs | R59.83m | no data | |
| Chief Executive Officer of Insurance & Asset Management | less than a year | R29.61m | no data | |
| Chief Executive Officer of Corporate and Investment Banking | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Head of Communication & Reputation Management | 1.7yrs | no data | no data | |
| Head of Corporate Development | no data | no data | no data | |
| Chief People & Culture Officer | 6yrs | no data | no data |
2.6yrs
Average Tenure
55yo
Average Age
Experienced Management: SBK's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 11.7yrs | R71.34m | 0.051% ZAR 206.2m | |
| Chief Finance & Value Management Officer | 8.5yrs | R60.97m | 0.018% ZAR 70.8m | |
| Independent Deputy Chairman of the Board | 8yrs | R2.34m | 0.010% ZAR 42.3m | |
| Independent Non-Executive Director | 8.8yrs | R3.36m | no data | |
| Independent Non-Executive Director | 2.4yrs | R3.48m | 0.013% ZAR 53.0m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 8yrs | R1.83m | no data | |
| Independent Non-Executive Director | 3.8yrs | R1.45m | no data | |
| Lead Independent Non-Executive Director | 8yrs | R2.81m | no data | |
| Independent Non-Executive Director | 8yrs | R1.77m | 0.0010% ZAR 4.0m | |
| Senior Deputy Chairman | less than a year | no data | no data | |
| Independent Chairman | 4.8yrs | R7.62m | no data |
8.0yrs
Average Tenure
64yo
Average Age
Experienced Board: SBK's board of directors are considered experienced (8 years average tenure).