SBN Holdings Limited has appointed its Head of Personal and Business Banking, Mercia Geises, as its new Chief Executive. Mercia Geises will take over from current Chief Executive Vetumbuavi Mungunda with effect from 1 May 2021. In her current role, Mercia has been responsible for the retail banking franchise, the largest division in the bank, which includes personal markets, the branch network and business banking with a headcount of over 1,000 employees. Mercia will focus on creating value for clients and shareholders by continuing the transformation of Standard Bank into a strong, digitally focused financial solutions provider.