Industry welcomes Fuzile appointment as Standard CEO

Lungisa Fuzile, new Standard Bank CEO

Lungisa Fuzile, new Standard Bank CEO

JOHANNESBURG, (CAJ News) – BUSINESS leaders have welcomed the appointment of Lungisa Fuzile as the new Chief Executive Officer of Standard Bank South Africa.

He is the former Director General at the National Treasury.

Business Leadership South Africa (BLSA) said it was therefore excited by the retention of this critical skill within the South African financial services sector.

One of the key pillars of BLSA’s contract with South Africans is the empowerment of black leadership hence the appointment aided that goal, officials said.

“I wish Lungisa all of the very best in his new role,” said Themba Maseko, Communications Director of BLSA.

“He retains both our support and respect.”

BLSA said Fuzile’s departure from the Treasury represented a setback to the South African civil service.

– CAJ News





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Posted by on Dec 15 2017. Filed under Finance, Finance & Banking, Investing, Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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