STANDARD BANK GROUP LIMITED - Announcement of Group Financial Director Designate

Announcement of Group Financial Director Designate

Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
JSE share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
NSX share code: SNB ZAE000109815

Announcement of Group Financial Director Designate

Standard Bank Group (“SBG”) is pleased to announce Dr Arno Daehnke as Group Financial
Director Designate. Arno will carry out the function of Chief Financial Officer of SBG with
effect from 1 May 2016 to succeed Simon Ridley, who will retire from the group on 30 April
2016, having reached the group’s executive retirement age.

Arno holds an M.Sc and a Ph.D in various fields of applied mathematics and an MBA
focused on value-at-risk applications in financial institutions. He has held the position as
Head of SBG’s Treasury and Capital Management function since 2010 and has extensive
experience in key financial aspects in which the group operates, particularly financial
planning under varying macro-economic scenarios, managing a complex banking group
balance sheet in volatile financial markets and a deep understanding of both local and
international bank regulatory frameworks. The board wishes Arno all the best in his future
position and is confident that with his skills and experience, he will meet the demanding
requirements of this position.


Johannesburg
20 January 2016

Sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) (Proprietary) Limited

Date: 20/01/2016 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.