Standard Bank Malawi Plc has unveiled William le Roux, a South African, as its new chief executive.
He succeeds Andrew Mashanda, who was appointed by the Standard Group to head Corporate and Investment Banking in Abuja and Lagos in Nigeria.
A statement signed by the bank’s chairperson Rex Harawa says le Roux brings a wealth of experience in banking, spanning 38 years in the financial sector.
“He has held progressively senior leadership positions in a number of African countries within the group. His last assignment was regional head, Corporate and Investment Banking Credit, Standard Bank West Africa,” he says.
Le Roux holds a bachelor of commerce, accounting and business management from the University of South Africa, according to the statement.
Harawa said Standard Bank board has confidence in le Roux’s capabilities to carry bank into the future.
He said and the bank will support him in his efforts to bring more than banking to their customers.