15 December 2017

South Africa: Industry Welcomes Fuzile Appointment As Standard CEO

Johannesburg — 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.

South Africa

Image of Supermassive Black Hole at Galaxy's Centre Stuns Scientists

In the months and years to come, the data used to build a picture of the centre of the Milky Way will be analysed and… Read more »

See What Everyone is Watching

Copyright © 2017 CAJ News Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.