Standard Bank Group announced the appointment of Olusola (Sola) Adejoke David-Borha to its board and that of The Standard Bank of South Africa Limited, as a non-executive director with effect from 13 March 2024. The appointment is subject to finalization of the South African Reserve Bank Prudential Authority's regulatory processes. Ms. David-Borha (63) holds a BSc.

(Hons) (University of Ibadan, Nigeria), MBA (University of Manchester) and AMP (Harvard Business School). She is a non-executive director of Stanbic IBTC Holdings Plc and will remain a non-executive director of Coca-Cola Hellenic Bottling Company, United Kingdom until May 2024. Ms. David-Borha was previously employed by the Group and served as Chief Executive Officer for Africa Regions until her retirement in March 2021.