The boards of Standard Bank Group and The Standard Bank of South Africa Limited (SBSA), on recommendation from the Directors' Affairs Committee, have assessed Ms. Sola David-Borha's independence and are satisfied that she meets the requirements of independence, including those as set out in King IV. Accordingly, Ms. David-Borha, who was classified as a non-executive director upon her appointment to the boards of Standard Bank Group and SBSA, has been reclassified as an independent non-executive director of both companies with effect from 23 May 2024.
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06-10 | Standard Bank Group Limited Confirms Retirement of Directors | CI |
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- Standard Bank Group Limited and the Standard Bank of South Africa Limited Announces Change in Classification of Sola David-Borha from Non-Executive Director to Independent Non-Executive Director