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African Bank's Overview

Total employees4488
HeadquartersMidrand, Johannesburg
Founded1975

African Bank Limited is a prominent retail bank in South Africa, dedicated to providing a broad spectrum of financial products and services. These include personal loans, savings and investment vehicles, transactional banking (including MyWORLD accounts), and various insurance offerings. The bank is focused on serving the South African populace, aiming to empower individuals financially and contribute to their economic advancement. Operating through an extensive national branch network, digital platforms, and contact centres, African Bank strives to make banking more accessible, affordable, and audacious, as per its brand promise 'Audacity to Believe'.

Where is African Bank's Headquarters?

HQ Function

The headquarters serves as the primary centre for African Bank's strategic leadership, corporate governance, financial management, product innovation, risk oversight, and overall administration of its national operations.

Notable Features:

The Midrand campus is a modern corporate facility designed to support a collaborative work environment and integrate advanced banking technologies. Features typically include open-plan office spaces, meeting facilities, and employee amenities.

Work Culture:

African Bank promotes a work culture centered on customer-centricity, innovation in financial services, ethical conduct, and employee empowerment. There's an emphasis on teamwork, resilience, and contributing to the bank's mission of financial inclusion and 'building a bank for the people, by the people, serving the people'.

HQ Significance:

The headquarters is crucial as it centralizes command and control for the bank's diverse operations across South Africa. It represents the bank's renewed identity and commitment following its 2016 relaunch and is pivotal for driving its strategic objectives, including expansion into new market segments like business banking.

Values Reflected in HQ: The headquarters' design and operations aim to reflect African Bank's core values: Audacity to Believe, Accountability, Ubuntu (humanity and interconnectedness), Sustainability, Transparency, and Empathy (A A U S T E).

Location:

African Bank's core operations and customer base are concentrated within South Africa. It does not maintain an international network of branches or corporate offices for retail or business banking. Its global interactions may involve partnerships with international financial technology firms, payment processors, or correspondent banks to facilitate certain services for its South African customers, but its strategic focus remains domestic.

Street Address:

59 Sixteenth Road

City:

Midrand, Johannesburg

State/Province:

Gauteng

Country:

South Africa

African Bank's Global Presence

Nationwide, South Africa

Address: Over 400 branches strategically located across all 9 provinces of South Africa.

To ensure widespread financial accessibility and service delivery to diverse communities throughout South Africa, catering to local customer needs and fostering strong regional customer relationships.

Buying Intent Signals for African Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of African Bank

As of April 2025, African Bank' leadership includes:

Kennedy G. Bungane - Chief Executive Officer
Anbann Chetti - Chief Financial Officer
Unathi Mtya - Group Chief Information Officer
Sbusiso Kumalo - Chief Marketing Officer
Lindiwe Miyambu - Group Executive: Human Capital
Zweli Manyathi - Group Executive: Business Banking
Shaeera Essop - Group Executive: Credit Risk

Investors of African Bank

African Bank has been backed by several prominent investors over the years, including:

South African Reserve Bank (SARB)
Government Employees Pension Fund (GEPF)
Absa Bank Limited
FirstRand Bank Limited
Investec Bank Limited
Nedbank Limited
Standard Bank of South Africa Limited
Capitec Bank Limited

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

African Bank has made strategic executive appointments to bolster key operational areas such as cybersecurity and to drive new initiatives like its business banking division. While a comprehensive list of all executive team changes is not centrally published, notable appointments reflect the bank's ongoing growth and strategic evolution. No major C-suite departures were publicly announced in the last 12 months (approx. Feb 2023 - Feb 2024).

Departures

No major publicly announced C-suite departures, No major C-suite executive departures were publicly announced by African Bank during this approximate 12-month period.

New Appointments:

Mack LNaF_LOGO_FINAL_20210722ogoje, Mack LNaF_LOGO_FINAL_20210722ogoje joined African Bank as its new CISO, responsible for overseeing the bank's information security framework, risk management, and compliance with cybersecurity regulations.

Technology (Tech Stack) used by African Bank

Discover the tools African Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

African Bank Email Formats and Examples

African Bank likely utilizes standard corporate email address formats for its employees. Common patterns include using the first initial followed by the last name, or the full first name separated from the last name by a period, combined with the '@africanbank.co.za' domain. The exact internal convention may vary.

[firstinitial][lastname]@africanbank.co.za

Format

jdoe@africanbank.co.za

Example

85%

Success rate

News and media

ITWebFebruary 7, 2024

African Bank invests R150m in business banking tech

African Bank is channeling R150 million into its Business Banking Integration Programme, leveraging technology to build out its upcoming offering for small, medium and micro enterprises (SMMEs) set to launch later in 2024....more

African Bank Official WebsiteNovember 29, 2023

African Bank Holdings Limited Group records profit for the year of R766 million

The African Bank Holdings Limited (ABHL) Group reported a net profit after tax (NPAT) of R766 million for the financial year ended 30 September 2023, a R221 million (41%) improvement on the R545 million reported in the prior year. This growth was attributed to increased net interest income and customer numbers....more

BusinessDayAugust 15, 2023

African Bank and aYo join forces to offer life cover policies

African Bank partnered with aYo Holdings, a microinsurance fintech, to introduce new, accessible life insurance products to its customer base. This collaboration aims to enhance financial inclusion by making insurance more readily available through digital channels....more

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