Nothing says you are a C-suite executive like a remuneration package divided among fixed annual salaries, short-term bonuses, shares or stock options, sign-on bonuses, and exit pay, all costing the company millions of rand for a single individual.
A C-suite executive is a senior company leader whose title usually starts with chief. Standard Bank has Sim Tshabalala as group chief executive officer CEO, Arno Daehnke as chief financial officer CFO, Margaret Nienaber as chief operating officer COO, six divisional CEOs, and three other C-suite executives.
Standard Bank spends R497m on 7 employeesAccording to the banks Annual Financial Statement for the financial year 2025, seven C-suite executives cost Standard Bank more than R497 million.