Standard Bank appoints Simphiwe Nghona as new group head

Former WesBank SA CEO, Simphiwe Nghona, has been appointed as Standard Bank's new group head for Vehicle and Asset Finance (VAF). Nghona will also be joining the Standard Bank Personal and Business Banking (PBB) group executive committee.

With over 18 years' experience in the automotive and banking industries, Nghona has been tasked with further improving Standard Bank's customer and dealer experience.

He has previously also served in a dealer principle and director capacity for an independently-owned dealer group.