Standard Bank Group Management
Management criteria checks 3/4
Standard Bank Group's CEO is Sim Tshabalala, appointed in Mar 2013, has a tenure of 11.08 years. total yearly compensation is ZAR71.34M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth ZAR88.63M. The average tenure of the management team and the board of directors is 3.8 years and 7.4 years respectively.
Key information
Sim Tshabalala
Chief executive officer
R71.3m
Total compensation
| CEO salary percentage | 14.0% |
| CEO tenure | 11.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.8yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Standard Bank Group (JSE:SBK) Is Paying Out A Larger Dividend Than Last Year
Mar 19
Here'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 28How Many Standard Bank Group Limited (JSE:SBK) Shares Do Institutions Own?
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 | R38b |
| 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 ($USD3.73M) is above average for companies of similar size in the ZA market ($USD2.84M).
Compensation vs Earnings: Sim's compensation has been consistent with company performance over the past year.
CEO
Sim Tshabalala (56 yo)
11.1yrs
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 | 11.1yrs | R71.34m | 0.032% ZAR 88.6m | |
| Chief Finance & Value Management Officer | 7.9yrs | R60.97m | 0.014% ZAR 38.4m | |
| Chief Operating Officer | 1.8yrs | R60.53m | no data | |
| Chief Executive Officer of Personal & Private Banking | 11.9yrs | R59.84m | no data | |
| Chief Executive Officer of Business & Commercial Banking | 2.3yrs | R59.83m | no data | |
| Chief Executive Officer of Insurance & Asset Management | less than a year | R29.61m | no data | |
| Deputy Chief Executive Officer of Corporate & Investment Banking | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Head of Communication & Reputation Management | 1.1yrs | no data | no data | |
| Head of Corporate Development | no data | no data | no data | |
| Chief People & Culture Officer | 5.4yrs | no data | no data | |
| Chief Financial Officer of Personal & Business Banking | no data | no data | no data |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: SBK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 11.1yrs | R71.34m | 0.032% ZAR 88.6m | |
| Chief Finance & Value Management Officer | 7.9yrs | R60.97m | 0.014% ZAR 38.4m | |
| Independent Deputy Chairman of the Board | 7.4yrs | R2.34m | 0.0098% ZAR 27.3m | |
| Independent Non-Executive Director | 8.3yrs | R3.36m | no data | |
| Independent Non-Executive Director | 1.8yrs | R3.48m | 0.035% ZAR 95.8m | |
| Non-Executive Director | 9.7yrs | R3.36m | 0.0060% ZAR 16.7m | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 7.4yrs | R1.83m | no data | |
| Senior Deputy Chairman | 3.7yrs | R3.31m | no data | |
| Lead Independent Non-Executive Director | 7.4yrs | R2.81m | no data | |
| Independent Non-Executive Director | 7.4yrs | R1.77m | 0.0010% ZAR 2.8m | |
| Independent Chairman | 4.3yrs | R7.62m | no data |
7.4yrs
Average Tenure
63yo
Average Age
Experienced Board: SBK's board of directors are considered experienced (7.4 years average tenure).