Business description: Sasfin Holdings Limited
- business banking and market banking (66.5% of net sales);
- wealth management (25.8%);
- investment services (7.7%).
At the end of June 2019, the group had ZAR 4,981.1 million in current deposits and ZAR 7,487.2 million in current loans.
Net sales are distributed geographically as follows: South Africa (97.8%) and Asia-Pacific (2.2%).
Number of employees: 713
Sales by Activity: Sasfin Holdings Limited
| Fiscal Period: June | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
Asset Finance | - | 543M | 572M | 532M | 501M |
Business and Commercial Banking | - | 154M | 277M | 246M | 158M |
Beyond Business Banking | - | 109M | - | - | - |
Banking | 551M | - | - | - | - |
Wealth Pillar | 313M | 326M | 348M | 382M | 415M |
Group Treasury Eliminations | -2.24M | 213K | 73.69M | 141M | 59.71M |
Discontinued Operation Adjustments | - | - | - | - | -450M |
Capital | 32.16M | - | - | - | - |
Geographical breakdown of sales: Sasfin Holdings Limited
| Fiscal Period: June | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
Asia Pacific | 28.2M | 6.69M | - | - | - |
South Africa | 1.12B | 1.28B | - | - | - |
Executive Committee: Sasfin Holdings Limited
| Manager | Title | Age | Since |
|---|---|---|---|
Michael Sassoon
CEO | Chief Executive Officer | 42 | 2017-12-31 |
| Director of Finance/CFO | 49 | 2022-04-03 | |
Salomi Naidoo
CMP | Compliance Officer | 56 | 2023-01-31 |
Maston Lane
COO | Chief Operating Officer | 58 | 2002-05-27 |
| Chief Tech/Sci/R&D Officer | 59 | 2015-12-31 |
Composition of the Board of Directors: Sasfin Holdings Limited
| Director | Title | Age | Since |
|---|---|---|---|
| Director/Board Member | 78 | 1987-08-20 | |
Michael Sassoon
BRD | Director/Board Member | 42 | 2015-09-30 |
Gugu Dingaan
BRD | Director/Board Member | 49 | 2018-03-06 |
| Chairman | 66 | 2023-11-05 | |
Eileen Wilton
BRD | Director/Board Member | 65 | 2019-08-05 |
Mark Thompson
BRD | Director/Board Member | 72 | 2019-06-20 |
| Director/Board Member | 49 | 2020-08-18 | |
Tapiwa Njikizana
BRD | Director/Board Member | 48 | 2021-05-02 |
| Director/Board Member | 66 | 2021-11-25 | |
| Director/Board Member | 49 | 2022-04-03 |
Company details: Sasfin Holdings Limited
