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Executive Management Committee

Riaan Stassen (57) BComm (Hons), CA(SA)
Chief Executive Officer

Riaan joined Capitec Bank as the managing director in 2000 and was appointed chief executive officer of Capitec and Capitec Bank effective March 2004. He gained extensive experience in retail and banking and held senior positions in both environments. Riaan was awarded the Cape Times/ KPMG Business Personality of the Year award in 2007. The nomination criteria for this award included business and entrepreneurial excellence and out-standing company performance.

André Pierre du Plessis (49) BComm (Hons), CA(SA)
Financial Director

André joined Capitec Bank in 2000 as the executive: financial management and was appointed financial director of Capitec and Capitec Bank in May 2002. He has extensive experience in business advisory services, financial consulting and strategic and financial management. He was the chief executive of financial management of Boland PKS and NBS Boland Group from 1996 to 2000 and a partner at Arthur Andersen where he was employed from 1986 to 1996.

Jacobus Everhardus Carstens (42) BCompt (Hons), CA(SA)
Chief Credit Officer

Jaco joined Capitec Bank in 2004. He gained extensive experience in the credit environment at Old Mutual Bank from 2000 to 2004, serving respectively as head of credit, head of credit risk: policy and decision support and assistant divisional manager: credit, pricing and decision support. Previous positions include man-ager at Boland Bank from 1997 to 1999 and assistant manager at Ernst & Young from 1992 to 1997.

Carl Gustav Fischer (54) BComm (Hons), MBA
Executive: Marketing and Corporate Affairs

Carl joined Capitec Bank in 2000. He was the chief executive of marketing and support services of Boland PKS from 1999 to 2000. Previous positions include group marketing and sales director (1996 – 1998) and group production/operations director of Stellenbosch Farmers' Winery (1993 – 1996).

Gerhardus Metselaar Fourie (47) BComm (Hons), MBA
Executive: Operations

Gerrie has been head of operations at Capitec Bank since 2000. He commenced his career at Stellenbosch Farmers' Winery in 1987 in the financial planning department whereafter he was appointed area general manager of KwaZulu-Natal and later Gauteng.

Nathan Stephen Tlaweng Motjuwadi (44) BA (Hons), UED, MBA
Executive: Human Resources

Nathan joined Capitec Bank in 2010 with almost 15 years' experience in the human resources/training environment. Prior to joining Capitec Bank, he was employed by XPS Services, Cyborg Systems, Coca-Cola (SA) (based in South Africa and London), and Danone SA. Nathan started his career as a teacher and head of department (English and History) from 1993 to 1995. He also lectured part time at Unisa's School of Business Leadership.

André Olivier (43) BComm (Hons), CA(SA)
Executive: Card Services and Business Development

André joined Capitec Bank in 2000 and has been responsible for business development ever since. Card services was incorporated in his area of responsibility in 2009. He was financial risk manager at Boland PKS, after which he was head of operations of Pep Bank, in the bank's micro-lending division from 1997 to 2000. He gained audit and business advisory experience with Arthur Andersen.

Christiaan Oosthuizen (56)
Executive: Information Technology

Chris joined Capitec Bank as head of information technology in 2000. He previously held the position of chief executive of information technology at Boland PKS, where he was employed from 1976 to 2000.

Ronel Prinsloo* (39) BComm LLM
Head: Complaint Management

Ronel joined Capitec Bank in 2004 as head of employee relations and has since September 2010 been appointed as head: complaint management to launch Capitec Bank's complaint management department. During 2008 Ronel (and Capitec Bank) was awarded the Ombudsman for Banking Services Award of Excellence in recognition of the individual (and bank) that has excelled at dispute resolution for 2008. Before joining Capitec Bank, Ronel practised law as an advocate of The High Court in Cape Town.

Christian George van Schalkwyk (55) BComm LLB, CA(SA)
Executive: Risk Management and Company Secretary

Christian joined Capitec Bank as head of risk management and company secretary in 2000. He was chief executive of credit risk and legal services at Boland PKS from 1997 to 2000. Previous positions include being a partner at attorneys Jan S de Villiers (1987 – 1996) and a tax consultant at Arthur Andersen (1985).

Leonardus Venter (49) BA (Hons), MA (Industrial psychology)
Executive: Business Support Centre

Leon joined Capitec Bank as head of human resources in 2000. He was appointed as executive: business support centre in 2009. Previous positions include human resources manager at Iridium Africa (1998 – 1999), manager of human resources and support at Telkom SA (1993 – 1997) and area personnel manager at Iscor (1986 – 1992).

Craig Lester Williams* (32) ND (Environmental health)
Senior Training Consultant

Craig joined Capitec Bank in 2001 as a trainer and is currently responsible for the service consultant induction programme known as Firm Foundations. Previous positions include training officer at BoE Bank (2000 – 2001) and sales consultant at Pep Bank (1999 – 2000).

* There are two development seats on the executive management committee to allow suitable senior employees the opportunity to develop and gain experience at executive level. The incumbents rotate annually. In 2010 these positions were filled by Jennifer Coetzee and Gavin Roman. These individuals confirmed that they had gained valuable experience through their exposure at executive level. Ronel Prinsloo and Craig Williams were appointed to the committee on 15 February 2011.

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Share Price Code CPI Open 22314 Close 22270 % Change 0.21% High 22380 Low 21963 Bid 22317 PE 19.80 DY 1.91 Date n/a