Standard Bank designates Hodnett as SBSA CEO
09 September 2025 South Africa
Image: Standard Bank Group
Standard Bank Group has announced the appointment of David Hodnett as CEO of the Standard Bank of South Africa (SBSA).
Hodnett, who currently serves as the group鈥檚 chief risk officer (CRO) where he leads its corporate affairs portfolio, brings over 30 years of leadership experience and institutional knowledge to the new role.
Thabani Ndwandwe will succeed Hodnett as the group CRO and will become a member of the group leadership council.
Ndwandwe joined the company in 2004, bringing over two decades of experience along with expertise in managing risk portfolios across multiple jurisdictions.
According to the bank, Lungisa Fuzile鈥檚 role as interim CEO for Africa regions and offshore now becomes a permanent appointment.
Speaking on the appointments, Sim Tshabalala, CEO of Standard Bank Group, states: 鈥淭hese key appointments demonstrate the group鈥檚 significant depth of leadership succession pipeline.
鈥淒avid has extensive experience in South Africa鈥檚 financial services sector and has demonstrated exceptional leadership capabilities in our group.鈥�
Tshabalala adds: 鈥淪ince joining Standard Bank two decades ago, Thabani has shown exemplary leadership across the risk portfolio while Lungisa has a proven record of accomplishment.鈥�
Hodnett, who currently serves as the group鈥檚 chief risk officer (CRO) where he leads its corporate affairs portfolio, brings over 30 years of leadership experience and institutional knowledge to the new role.
Thabani Ndwandwe will succeed Hodnett as the group CRO and will become a member of the group leadership council.
Ndwandwe joined the company in 2004, bringing over two decades of experience along with expertise in managing risk portfolios across multiple jurisdictions.
According to the bank, Lungisa Fuzile鈥檚 role as interim CEO for Africa regions and offshore now becomes a permanent appointment.
Speaking on the appointments, Sim Tshabalala, CEO of Standard Bank Group, states: 鈥淭hese key appointments demonstrate the group鈥檚 significant depth of leadership succession pipeline.
鈥淒avid has extensive experience in South Africa鈥檚 financial services sector and has demonstrated exceptional leadership capabilities in our group.鈥�
Tshabalala adds: 鈥淪ince joining Standard Bank two decades ago, Thabani has shown exemplary leadership across the risk portfolio while Lungisa has a proven record of accomplishment.鈥�
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